At a payout ratio of 60% and a 6% yield you get about $0.92 so news on a divie would be good, however to see a marked and sustained improvement in the SP we would need to see a strategy to grow the top line from here over the medium to long term. This would likely have to be done through acquisition or greenfield expansion, the latter which is less likely given precarious balance of the egg market, thus it may be better for them to hold onto the cash for now.
At a payout ratio of 60% and a 6% yield you get about $0.92 so...
Add to My Watchlist
What is My Watchlist?
