cus holds firms in market correction, page-10

Nothing has been confirmed re the dividend and that is simply my humble opinion on what we may expect. Firstly we know they are splurging cash and the stated dividend range payout is 50% to 70% of EPS so logic tells me they will pay out at the upper level of 70%. Secondly the gradual changeover of the fleet to a $2.50 charge without having to pay many merchants a higher fee i.e ave contract length is 5 years so at worst only 20% of merchants would expect a slice of the higher fee and then would be only be a percentage of it.

Interesting times in the market and expecting further declines. However I'm very comfortable with my investment in CUS being market leader in delivering cash. The capital return and commencement of franked dividends means I can relax whatever the SP is as I have confidence going forward.