Ann: Dividend/Distribution - KSL, page-2

DYOR one resource I use suggests
Trading at 78.1% below our estimate of its fair value
Earnings are forecast to grow 23.64% per year


i see A 6 mth interim Distribution Amount AUD 0.04100000
@ curr price of 90c as being 4.6% (4.555555555

Their Divs over recent times suggest final div will be significantly higher.

	Balance Date	Dividend Type	Cents per share	Ccy	Franked %	Ex-Dividend Date	Books Close Date	Pay Date
31/12/2021	Final	5.950	AUD	0.00	03/03/2022	04/03/2022	08/04/2022
30/06/2021	Interim	2.550	AUD	0.00	01/09/2021	02/09/2021	01/10/2021
31/12/2020	Final	5.100	AUD	0.00	02/03/2021	03/03/2021	09/04/2021
30/06/2020	Interim	3.400	AUD	0.00	01/09/2020	02/09/2020	02/10/2020
31/12/2019	Final	5.440	AUD	0.00	03/03/2020	04/03/2020	09/04/2020
30/06/2019	Interim	3.400	AUD	0.00	28/08/2019	29/08/2019	26/09/2019
31/12/2018	Final	4.250	AUD	0.00	04/03/2019	05/03/2019	04/04/2019

IMO
The low price a hangover from Westpacs failure to sell Westpacs Pacific PNG due to PNG Regulatory intervention.
The continued good performance instills confidence, so @ this price, I'll be increasing my stake.

Westpac Pacific sale to Kina Bank to no longer proceed22 September 2021
Westpac today announced it and Kina Securities Limited (ASX:KSL) have agreed to terminate the agreements for the sale of Westpac’s Pacific businesses – Westpac Fiji and Westpac's 89.91% stake in Westpac Bank PNG Limited.Completion of the sale was subject to various regulatory approvals and the termination follows last week’s decision by Papua New Guinea's Independent Consumer and Competition Commission (ICCC) to deny authorisation for the proposed acquisition.


Very good for the Dividend concious.