sorry i forgot 2 things their franking rate is 100% on divi's (not 30% which is the company tax rate), so the actual divi of 2c is grossed up to 2.6c.
secondly, their divi growth for 2016 cf 2015 was 22% and so 2c plus 4c is actually conservative, it could grow easily to 6.25c or even 6.5c, which grosses up to 8.5-9c, an outrageously good dividend that will certainly generate some attention in the market.
the other thing they should consider, given their massive cash reserves, is a share buyback or a synergistic earnings accretive acquisition rather than hiking the dividend further. personally i would prefer this option as i think a grossed up divi increase beyond current levels creates less confidence in investors than a buyback or smart acquisition.
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- Ann: BFG announces $5.9m half-year net profit
BFG
bell financial group limited
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$1.26

Ann: BFG announces $5.9m half-year net profit, page-9
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Last
$1.26 |
Change
-0.025(1.95%) |
Mkt cap ! $402.5M |
Open | High | Low | Value | Volume |
$1.28 | $1.28 | $1.26 | $184.6K | 144.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 24575 | $1.25 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.28 | 21500 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 24575 | 1.250 |
1 | 16000 | 1.240 |
2 | 4082 | 1.230 |
1 | 800 | 1.220 |
1 | 14875 | 1.210 |
Price($) | Vol. | No. |
---|---|---|
1.280 | 21500 | 2 |
1.285 | 29443 | 2 |
1.300 | 16315 | 3 |
1.320 | 8150 | 2 |
1.330 | 5805 | 1 |
Last trade - 15.30pm 07/08/2025 (20 minute delay) ? |
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BFG (ASX) Chart |