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clock Created with Sketch. 24/04/20
23:06
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Originally posted by hankreardon:
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So given underlying FY earnings growth of ~30%, when the first half was essentially flat, we are looking at growth rates in the order of 45-50% when annualised (H2FY20 v H2FY19). With a consistent payout ratio of 80% gives this a prospective dividend yield of 8.5% versus a risk free rate of 0.25%. More importantly, early indications are that there are sustained changes in demand.
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Thanks for the analysis. Rare that a growth stock comes with dividend protection. Should be able to move back to that 60-80 cent range if they can increase the yield to your 8.5%. I'll add around these levels. Cheers.
