MFD 0.00% 54.0¢ mayfield childcare limited

10%+ grossed up divvy yield!

  1. 6,650 Posts.
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    The market seems to have overlooked Mayfield Childcare Limited's 7.7c fully franked dividend. The last cum-dividend date is Thursday 20 February. The 7.7c fully franked dividend equates to grossed up dividend of 11c and a grossed up dividend yield in excess of 10% based on the last traded price of $1.08. Also a good write up of the company in today's financial review.
 
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