Enjoyed your post, but all things equal the average historical dividend yield of 4% more or less is the overhang for a re-rating , similar the average P/E is high for a financial company apart from the % ROE which is great.
In my opinion the dividend yield is too low for the average retail investor , it needs to be at least 5% . The company is most probably buying turnover with commissions and fees, which explains the low dividend yield while the high roe and no debt with a 67% dividend ratio. In other words a lot of fingers in the pie.
Ann: Fiducian franchise acquires $56M in Funds Under Advice, page-13
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FID (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.50 |
Change
0.030(0.40%) |
Mkt cap ! $236.0M | |||
| Open | High | Low | Value | Volume |
| $7.47 | $7.52 | $7.45 | $116.1K | 15.57K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2049 | $7.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.50 | 1667 | 1 |
View Market Depth
| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| FID (ASX) Chart |