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10,603 Posts.
1241
22/01/10
16:14
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I prefer if they don't pay dividends and keep the cash to expand their growth projects.
Dividend policy will depend at what % rate of net profit will be paid out.
So if net profit was $50 million and pay out rate is 40% then they will pay $20 million in dividends.
divide $20 million by number of shares on issues.
I prefer if they keep that $20 million and use it to expand the business - not really interested in dividends with a stock like WSA.
Surely topping up recently is awesome.
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