I would expect the payout to be greater than last years. They have made promises of greater returns and cost saving initiatives. Yes some cost pressures remain but they have a good portion of the shelf space on private label.
If Goldman think .21 cents, I think Bruce (doubt he'd be able to pay his margin loan interest on the dividend) and other shareholders would be very disappointed if EDV returned that this year. The reasonably strong position Woolworths demerged EDV other than a large debt, EDV needs to show shareholders it is going in the right direction with private label and purchasing vineyards. Anything less than greater returns to shareholders tells me the current guy should move on he was too close to the old board in my opinion.
I would like to see something like .17 cents this half.
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