I agree that there will easily be enough cash to pay a large dividend, but as I mentioned in another thread I think management will be modest for the interim dividend in light of the continuing buy-back.
I expect a 50 c fully franked dividend, which equates to spending approximately $450 m over 890 million shares.
That will leave lots of cash for the buy back. It will also avoid inflating the share price too much. It should also mean the ability to buy a huuuge dividend for the full year.
I agree that there will easily be enough cash to pay a large...
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$8.67 |
Change
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Mkt cap ! $7.253B | |||
| Open | High | Low | Value | Volume |
| $8.75 | $8.77 | $8.64 | $26.64M | 3.069M |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 23502 | $8.67 |
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| Price($) | Vol. | No. |
|---|---|---|
| $8.68 | 4056 | 3 |
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