KOV 2.11% $8.80 korvest ltd

$9.6M profit less $0.5M from from sale of asset = $9.1M trading...

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    $9.6M profit less $0.5M from from sale of asset = $9.1M trading profit before tax

    2 x $9.1M x 30% tax = $12.74M net profit after tax annualized

    11.5M shares on issue = $1.11 annualised EPS

    PE ratio at current $7.56 share price = 6.8

    last year KOV paid 66% of profit in dividends

    last Annual Reporet says Korvest has a long history of paying franked dividends. The target dividend payout ratio range is 65-90% of after tax profits

    balance sheet has zero borrowings

    looks possible 82 cent fully franked dividend (75% payout ratio) is possible for 2022

    if so, the dividend yield at $7.60 share price is 15.5% before tax
 
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Last
$8.80
Change
-0.190(2.11%)
Mkt cap ! $102.7M
Open High Low Value Volume
$8.99 $9.00 $8.75 $226.6K 25.54K

Buyers (Bids)

No. Vol. Price($)
1 40 $8.81
 

Sellers (Offers)

Price($) Vol. No.
$8.88 350 1
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Last trade - 15.54pm 14/06/2024 (20 minute delay) ?
KOV (ASX) Chart
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