Hey itelectrical- post the CR, dividends will be paid to circa 80 % more shares. Shareholder equity was diluted. Many shareholders are still cranky about the CR. AFR, HC et.al covered the dilution of shareholder equity after the CR. Yesterday, the coy announced a substantial fall in FUM. This also doesn't auger well for dividends. If you have alternate facts why divs will be good, I'd like to see them.
Ann: IOOF Q2 2021 Business Update, page-52
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