For the Dec dividend TER paid $40 in tax to ensure the dividend was fully franked, plus $80 million for the $0.10 dividend. Keep in mind by the the time match rolls around the cash balance will be higher. Also I will add management has once again confirmed FY23 guidance will be achieved. This is great news as QLD, specifically around Emerald has been getting absolutely smashed with very heavy rainfall of late. So management have done a great job navigating through tough weather conditions to still confirm FY23 guidance will be achieved !!
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- Ann: Quarterly Report - October to December 2022
Ann: Quarterly Report - October to December 2022, page-11
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