SMH said it would come in at $240 million. Wrong. It is actually $264 million. The difference is that they are not going to payout a dividend above earnings so the divi has been reduced 8% from .339 to .31 which is incidently the predicted earnings per share. Great. I don't like companies paying out dividends more than earnings. In fact if a company is making more than bank interest I want the money reinvested in the company in the form of buy back or a wise core investment.
smh article was wrong...$264 million
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Last
$1.99 |
Change
-0.015(0.75%) |
Mkt cap ! $7.832B | |||
| Open | High | Low | Value | Volume |
| $2.00 | $2.01 | $1.98 | $26.61M | 13.39M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | $1.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.99 | 70367 | 4 |
View Market Depth
| Last trade - 16.10pm 28/05/2024 (20 minute delay) ? |
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Last
$1.98 |
Change
-0.015 ( 0.40 %) |
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| Open | High | Low | Volume | ||
| $2.00 | $2.01 | $1.98 | 2392917 | ||
| Last updated 15.59pm 28/05/2024 ? | |||||
| MGR (ASX) Chart |