DDR dicker data limited

Ann: Dicker Data Appointed as Micron Technology Distributor, page-9

  1. 621 Posts.
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    Re: warehouse
    My understanding is that DDR are using their debt facilities to cover initial costs (acquisition, approvals), but have not outlined how they'll finance the building.
    It could be debt-funded. Or perhaps a 1 for 10 rights issue.
    Dividends are paid out at 100% of profits, and so I dont expect dividend growth over the build-out period. Dont think they'll be cut to fund the building either.
 
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