FID 1.96% $7.50 fiducian group limited

Ann: Fiducian franchise acquires $56M in Funds Under Advice, page-13

  1. 3,370 Posts.
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    Enjoyed your post, but all things equal the average historical dividend yield of 4% more or less is the overhang for a re-rating , similar the average P/E is high for a financial company apart from the % ROE which is great.
    In my opinion the dividend yield is too low for the average retail investor , it needs to be at least 5% . The company is most probably buying turnover with commissions and fees, which explains the low dividend yield while the high roe and no debt with a 67% dividend ratio. In other words a lot of fingers in the pie.
 
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