HUM 5.37% 78.5¢ humm group limited

What a joke!, page-11

  1. 650 Posts.
    lightbulb Created with Sketch. 116
    Hi Guys,

    The bit that pissed the market is the change to dividend policy, payout ratio reduced substantially - good for LT capital growth as regards internal funding, but not for FXL's status as a high divvy company.

    "Dividend payout to adjusted to 30-40% of Cash NPAT (from 50-60%)" - buried near the end of the deck

    Downward momentum still there too.
 
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