It is clear in the results that after payment of the dividend, and taking into account tax due for FY22 and accrued tax liabilities for HY23, there is only $879 m left.
In light of that and given the continuing buy-back, it is unsurprising that they didn't pay more as the interim dividend.
Of that cash, assuming half of it is then spent on the buy-back, at current share prices it would allow the purchase of a further 60 million shares and then leave $440 million.
It also seems to be the tax liabilities which is what most people didn't factor in when assuming the dividend would be really high.
- Forums
- ASX - By Stock
- WHC
- Ann: Dividend/Distribution - WHC
Ann: Dividend/Distribution - WHC, page-18
-
- There are more pages in this discussion • 44 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WHC (ASX) to my watchlist
|
|||||
Last
$8.97 |
Change
-0.020(0.22%) |
Mkt cap ! $7.504B |
Open | High | Low | Value | Volume |
$8.97 | $9.08 | $8.94 | $35.74M | 3.977M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 7560 | $8.96 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.97 | 14961 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 2000 | 8.950 |
1 | 50000 | 8.940 |
3 | 17367 | 8.930 |
4 | 60631 | 8.920 |
7 | 28207 | 8.910 |
Price($) | Vol. | No. |
---|---|---|
8.970 | 14961 | 3 |
8.980 | 50000 | 1 |
9.000 | 39631 | 8 |
9.010 | 23588 | 3 |
9.020 | 2000 | 1 |
Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
Featured News
WHC (ASX) Chart |