Current Earnings per share (EPS) = US$0.15 = AU$0.24 Current Dividend = US$0.1367 = AU $0.22 Meaning the Current Ratio = 91.6% (Within the range of 85-95%)
Hypothetically, if the EPS went up 10% to AU$0.264 Then the Board could pay a dividend wihtin a new range of $0.132 (50%) up to $0.25 (95%). So dividends can fall but we would hope that the unpaid portion of earnings goes towards EPS improving intiatives (eg. buy other investment management businesses to increase FUM, invest in their own funds or provide credit loans in private markets, buy assets). And this EPS improvement should drive the Share Price higher and offset any falls due to the reduced dividend.
GQG Price at posting:
$2.47 Sentiment: Buy Disclosure: Held
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