SVR 1.90% $1.29 solvar limited

Ann: Market Update and FY24 trading conditions, page-2

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 5,003 Posts.
    lightbulb Created with Sketch. 542
    So as expected New Zealand impacts profitability, but the higher payout means dividend is not only maintained but increased. Can’t complain about that!

    FY24 looks poor, but hopefully as all interest rate rises are compensated for in new loans, profit growth will return. The company is still very profitable and controlling bad debts well.
 
watchlist Created with Sketch. Add SVR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.