re: Ann: Estimated operating profit for y/e 3... So ARG has announced this morning an expected fall in operating profit of around 10%. This matches MLT's prediction of a 10-12% fall, though unlike MLT, ARG has not hinted at a potential dividend cut.
Considering ARG has had a payout ratio in the 90s over at least the last five years, I don't think it would be unreasonable to expect a cut in the final dividend this year.
If the full year operating profit is down 10%, and the directors cut the full year div by an equivalent amount, then we might be in for a final div of around 13cps (minimum).
Who thinks they will maintain the final div at 16cps?
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Last
$9.43 |
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Mkt cap ! $7.168B | |||
| Open | High | Low | Value | Volume |
| $9.44 | $9.45 | $9.37 | $3.011M | 319.5K |
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| Last trade - 13.23pm 07/08/2025 (20 minute delay) ? |
| ARG (ASX) Chart |