IAG 0.27% $7.43 insurance australia group limited

Ann: IAG FY18 Market Presentation, page-5

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    In the FY19 forecast there is a section stating that IAG will be reducing the fully franked portion of the dividend... Also on same slide mention of a 2.4% share consolidation - overall IMO a good result, not sure why the SP has been thrashed...

    Clearly expecting more, but SP will not drop much more on a stable 34c dividend - surely no lower than $7???
 
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