First half underlying earnings of 32c per share, the dividend payout ratio is low as per normal, 47% payout ratio.
A review and compare of note 18b between this year and last year shows Pennybacker has more than doubled revenue and distributions have tripled.
VPC revenue is steady, but net assets have decreased by $10M. There is a significant increase in assets, but this has come with more debt. This typically changes again over the year, but increasing assets is positive.
First half underlying earnings of 32c per share, the dividend...
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$10.76 |
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Mkt cap ! $561.6M | |||
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| Price($) | Vol. | No. |
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| $10.76 | 34 | 1 |
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