Yep. Watch all the brokers start revising their targets up. Woodside can easily pay this level of dividends out. At a $38.5 share price thats a 7.5% yield when you include franking.
oh and also in prior posts I said why woodside has the ability to continue paying 100% franked divvies. They just paid another $1.5 billion in corporate income tax in 1H24 so add that to the franking credit balance of US$1.8 billion already as of YE23 thank you very much.
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Yep. Watch all the brokers start revising their targets up....
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