Dicker has a min target of 10% growth and works off a calendar year if I'm not wrong? Off the top of my head the first div in 2020 was 13c? Or thereabouts, plus 3 more of 7.5c making the total for 2020 35.5c. For them to maintain this goal, after their initial div of 10c, they would need to up tgeir next 3 divs to ~9.6c ea or thereabouts.
That is dooable but does leave little room for error for the first div of 2022.
It seems they have made it quite a challenge after bumping their interims up from 5.5c to 7.5c during a year off a big start.
I wouldnt be surprised if they raise the idea of changing their calendar year model to help fix this conundrum in the future.
They may be falling victims of their own success here.
I'll personally be happy to see interim divs in that range. Cant argue with that!
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