Ann: GrainCorp upgrades FY22 earnings guidance, page-4

  1. 11,377 Posts.
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    With net earnings(NPAT) of $350mil or over $1.50/share then they can certainly become a lot more generous in the amount of fully franked dividends that they pay out this year. As they'll be paying $150mil in tax(NPBT $500mil less 30%tax) they'll be plenty of franking credits available.
    PE of 6 after this rises to $9.15 today.
 
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