Another excellent result. I'll take this boring ongoing execution over the "excitement" of some of the less well managed businesses out there.
As for a dividend, I continue to think a dividend is a poor long term move at this time. Reinvest earnings in growth as long as growth numbers stay high, pay dividends when organic growth peters out.
Even a 1c dividend will suck up over $4m, money that could add more users or be spent in developing the platform.
Another Exceptional Quarter?, page-32
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