if the share price doesn’t increase, I think we could be looking at the highest % dividend yield in asx history for a large cap (not that I have any idea what the current record is).
your analysis is more accurate and comprehensive. Another more simplistic demonstration of dividend firepower is as follows: * cash on hand at end sept $3.4 billion * debt repayment October $1.5 billion (us$1.0 billion) * cash generation rate is $0.63 billion / month (based on 3rd quarter) * total cash generation until final dividend payment at end April is $4.4 billion (7 months cash generation) * so by End April next year approx $6.3 billion in cash will be available, less any taxes paid (noting debt of us$0.8 billion would still outstanding also - not sure if there are any early repayment restrictions on this remaining debt?) *current market cap $7 billion
if the share price keeps falling, yal could pay out more than it’s market cap in dividends
YAL Price at posting:
$5.16 Sentiment: Buy Disclosure: Held
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