3 cents dividend paid at a rate of 48% payout ratio.
That's 2.4% annual return for dividend.
Blackmores is less than 1%, so we ought to be grateful.
It would do all shareholders good to read the annual report-it will impress the analysts, being very well put together with glossy photos of Morocco & Yunnan venture in China, their 10Ha glasshouse for new & exotic tomato varieties, and typical tunnels for strawberries & blueberries.
I am very happy to forego some dividend to have a growth share.
At this stage, I think we have a good share in our hands.
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