PTB 0.00% $1.60 ptb group limited

mentioned in a tip sheet ?, page-15

  1. 1,044 Posts.
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    Quite a few by the looks of it:

    1) Reduced payout % of NPAT.
    2) Reduced frequency to 1 per year.
    3) No more DRP.
    4) Still fully franked, however only because of the reduced payout.

    I would expect higher growth given they are retaining more cash, but seems the divi was worth 10% to people.
 
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Currently unlisted public company.

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