I think the dividend is the wrong thing to focus on. The result is down and they are paying out 92%.
The result needs a bit of processing as there have been a lot of changes over the past 12 months. The interesting discussion is around the synergies from the ANZ acquisition. Looking at that comparison in the pack seems to indicate is this result was impacted by the integration so looking forward IOOF is tracking well.
Still a bit more thinking to do but there is nothing to make we want to sell in fact i'm thinking of buying a bit more.
Ann: Dividend/Distribution - IFL, page-4
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$2.24 |
Change
0.000(0.00%) |
Mkt cap ! $1.509B | |||
| Open | High | Low | Value | Volume |
| $2.24 | $2.26 | $2.23 | $449.8K | 200.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 36 | 69889 | $2.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.24 | 53032 | 36 |
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| Last trade - 12.23pm 02/07/2024 (20 minute delay) ? |
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