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Well, it comes around every quarter, which is nice of them....

  1. 1,830 Posts.
    lightbulb Created with Sketch. 76
    Well, it comes around every quarter, which is nice of them. Look, even at a 13c dividend (remember they pay out 100% of eps as dividends) that is still a yield of 7.3% fully franked. Good enough I think for a little SP appreciation.

    btw my 23% figure in the prior post is a little off because it fails to include franking credits. So the SP rise is 21c pre tax and the divs (let's say 14c to make the maths easy) roll up to 20c pre tax. So thats 41c pretax or 26% pretax for the calendar year to date.

    Which is why I am happy to remain invested in this company.
 
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$7.82
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