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Ann: Q1 FY22 Market Update, page-21

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  1. 819 Posts.
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    As a long term shareholder and a happy one, Dividends do look confusing.

    The final payment - paid in 1st quarter of new calendar year is unknown and is the balancing item to reflect the 100% payout.

    The real beauty in this announcement is the recurring quarterly payments they have risen over the years substantially.
    2019 - 5c
    2020 -7.5c
    2021 - 9c
    2022 - 13c

    Unbelievable performance, and with this years increase it foreshadows a fully year profit upgrade as based on previous years the quarterly would have been 10.5c - to get to the 42c paid for the EPS of 2021. This time they are effectively forecasting a fullyear 52c EPS (which they usually beat anyway!!)

    That's my understanding of it anyway. Clear as mud??
 
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