WOR 1.50% $14.84 worley limited

Based on the page 6 of the report:"The Board declared a final...

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  1. 553 Posts.
    Based on the page 6 of the report:
    "The Board declared a final dividend payment of 25 cents per fully
    paid ordinary share, unfranked. This is in addition to the interim
    dividend of 25 cents per share for a total dividend of 50 cents per
    share for the full year.
    As a result, we will distribute 88% of our full year underlying
    profit after tax, excluding the post-tax impact of amortization
    on intangible assets acquired through business combinations
    for FY2021, to shareholders as dividend. "

    (1) Can anyone mind to explain, how is the 50 cents dividends equal to 88% of the full year underlying profit after tax since their NPATA is only $161M?
    (2) EPS = 16.5 cents, while full year dividends = 50 cents per share which is greater than EPS, how is it sustainable?



 
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