FID 0.23% $8.57 fiducian group limited

FID General Discussion, page-9

  1. 3,501 Posts.
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    I'm picking of a few FID at the moment. Assuming the dividend does not decrease ( correct if I am wrong but it never has ) over the next 13 months at worst they will deliver 3 x 14.9 cents dividends. In a tax free super fund with the return of franking credits by the ATO that's (3 x 14.9 cents ) x 42.5% = 63.7 cents. Technically the SP should adjust by the cash going out when it trades ex divvy but in FID's case there is not a lot of correlation. Comfortable in the fact Indy has added at higher prices. Chart has support at $6.50
    Last edited by Ivanovich: 19/01/23
 
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