Latest Nta announcement shows Nta after tax of 1.40 (accounting for dilution if all options were exercised right then). When calculating the dividend they would have to allow for all options being exercised, so that's where the 20cents comes in, which I am more than happy with. And they did say minimum. They could put on another 20% in December!!
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- News: HML Henry Morgan Ltd updates on half-year interim dividend guidance
News: HML Henry Morgan Ltd updates on half-year interim dividend guidance, page-18
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