Except the final is actually the initial so 1 x $0.105 + 3 x $0.09 = $0.375 is for full FY21, I presume the $0.09 is already factored into earnings. Hence this explains the reduction in the previous final to $0.105 and like I have mentioned before this was probably required to create a more even spread of dividends instead of having a huge and growing disparity between interim's and final. Which in my view as a shareholder is more acceptable than having 1 x $0.135 and 3 x $0.08
The next final will be for the initial Full FY22 I anticipate a $0.105 minimum if chip shortages are maintained but if not, North or equal to $0.11
Extract from Q121
"The proposed rate for the interim dividends for FY21 will be 9.0 cents per share fully franked. This would bring totalproposed dividend to be paid for the full FY21 year to 37.5 cents per share, an increase of 5.6% from FY20 of 35.5 centsper share."
GLTAH
DYOR
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