ABG 1.75% $1.16 abacus group

Ann: FY23 Results Presentation, page-18

  1. mvc
    2,941 Posts.
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    YEs the yield is not correct on commsec now that half the business has been sold.

    The announcements put out by the BOD are stating 8.5c div unfranked, with share price around $1.00 is about the same as a 6% fullyy franked dividend.

    Overall not bad but not outstanding.

    If the dividend is sustained at 8.5c and share price drops to 96c would be a better pickup.

    I sold out once i realized the above made about $100 for my effort.
 
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