@jaluma,
This company has the installed asset base and internal resources to generate EBIT of $8m to $9m pa (compared to FY2018's $1.9m).
EBIT of, say, $8m will translate into EPS of between 40cps and 45cps.
With the company currently sitting on near-record net cash levels, and with some 68cps in franking credits, it is highly likely that the board will distribute all earnings as dividends.
This implies a 15% prospective dividend at some stage over the next 2 or 3 years, which is when KOV's earnings could see their next cyclical peak.
In the interim, I think a first-half dividend of 9cps is certainly on the cards, and I would not at all be surprised if it exceeded 10cps.
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Last
$8.89 |
Change
0.130(1.48%) |
Mkt cap ! $103.8M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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Sellers (Offers)
Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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3 | 5085 | 8.760 |
2 | 2812 | 8.750 |
1 | 574 | 8.730 |
1 | 250 | 8.700 |
Price($) | Vol. | No. |
---|---|---|
8.890 | 1000 | 1 |
9.000 | 1444 | 2 |
9.030 | 1012 | 1 |
9.130 | 2393 | 1 |
9.200 | 60 | 1 |
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