Initially reading the media release (separate document), it's another excellent result.
Surprising that the dividend has been increased by a greater percentage than the rise in NPAT. Maybe Mr Robert Kelly, founder and 'key man', wants to be remembered fondly given he's retiring at any time from December 2023 (as he previously flagged).
Good growth prospects, and far less risk (perhaps "negligible") than investing directly with IAG/QBE.
SDF will be a beneficiary of premiums rising faster than CPI, although some commentators opine that the latter has yet to plateau in Australia. Treasurer Jim Chalmers thinks it has: I reckon he's incorrect.
A very sound company, but one whose good record of rising metrics year in, year out since listing in 2013 is ignored by many business reporters. Perhaps they don't find it 'interesting'.
SDF Price at posting:
$5.59 Sentiment: Hold Disclosure: Held
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