a large reserve release would provide enough profit to allow a mid year dividend.
one way or another gma will return to paying out large dividends . but really , all investors should care about is if retained earnings are reinvested accretively. the ceo stated that new business written was roe accretive. I believe her .
not sure why aus investors so obsessed with cash being paid out. currently it would be more acccretive for gma to buy back shares some 30+% below nta.
a large reserve release would provide enough profit to allow a...
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$3.77 |
Change
0.030(0.80%) |
Mkt cap ! $1.092B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
|---|---|---|
| $3.79 | 2336 | 1 |
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