Given that SIQ is a capital lite business it could well maintain paying out 100% of NPAT as dividends. EPS is currently approx 50 cents per share. Add in franking credits and the grossed up dividend yield on the current SP of $4.76 is 15%. What’s not to like?
SIQ Price at posting:
$4.76 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)