Personally I couldn't see the dividend improving in the next 12 - 24 months, also the dividend reserve is quite low now. I think just before I sold it was just over 12 months worth. Not enough to get through the challenging times I think are on the horizon with lower forecast growth across most industries.
Depending on your situation it might be a good time to use the loss to offset any other gains in your portfolio.
Best of Luck.
Ann: April 2024 Investment Update, page-75
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