I missed the AGM location in the report... why do you think they're going up market?
Last time they started building up a war chest over the period from 2009-13, this corresponded to an increase in the payout ratio from about 50% up to 55%. Interestingly the POR has dropped down to 47% for fy2017, from 56% back in fy13. I wonder if the divi just can't keep up with EPS, or whether they are planning something else?
Ann: Annual Report to shareholders, page-5
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Last
$26.37 |
Change
0.210(0.80%) |
Mkt cap ! $17.03B | |||
| Open | High | Low | Value | Volume |
| $25.83 | $26.40 | $25.78 | $7.973M | 303.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 499 | $26.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $26.39 | 2943 | 2 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| REH (ASX) Chart |