IFL 5.04% $2.50 insignia financial ltd

Ann: 1H23 Results Presentation, page-2

  1. 6,137 Posts.
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    Dividend cut due to market returns impacting revenue and profit.

    Foture results will not require tax to be paid hence no franked dividends for a year.

    I hope they use the cashflow from tax savings in FY24 to do a buyback. So shareholders in FY25 will be rewarded with bigger dividends.
 
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