Assuming annual dividend is $0.25c then yield will be close to 7.4% p.a. + franking credits at price of about $3.40. Not to shabby imo. Going forward once synergies and platforms are bedded down one would think IOOF are in a growth trajectory phase.
Going forward will be looking for increased dividends, year on year with a growing share price to match. A long term buy / hold imo.
Assuming annual dividend is $0.25c then yield will be close to...
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$2.86 |
Change
0.080(2.88%) |
Mkt cap ! $1.918B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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