Looking @ PTB Dividend payment over the years.last year was 7c,...

Looking @ PTB Dividend payment over the years.

last year was 7c, prior 5 years was 5c a share.
This year, first-time half-year div was 2.5c with a Final Div soon to come

This company has management with large share ownership i. hands-on approach and are from the industry ( pilots and engineers.)

last year 7c DIV pay is grossed up @ 10c per Share, for a pensioner investing LT at 62c Per Share this is a great ROI of 16%
on a 5c Div grossed-up @ 7.14c this is 11.5% ROI.

Ex Dividend Date	Record Date	Payable Date	Amount	Franking Rate	Franking Credit	Gross Dividend	Further Information
07-02-2020	10-02-2020	02-03-2020	$ 0.0250	100.00%	$ 0.0107	$ 0.0357	AUD 0.025 FRANKED
06-05-2019	07-05-2019	31-05-2019	$ 0.0700	100.00%	$ 0.0300	$ 0.1000
07-06-2018	08-06-2018	29-06-2018	$ 0.0500	100.00%	$ 0.0214	$ 0.0714	5C FRANKED@30%; DRP
29-05-2017	30-05-2017	26-06-2017	$ 0.0500	100.00%	$ 0.0214	$ 0.0714	5C FR@30%; SUBJ DRP PARTICIPATION LEVEL
30-05-2016	31-05-2016	24-06-2016	$ 0.0500	100.00%	$ 0.0214	$ 0.0714	5C FR @ 30% SUBJ DRP PARTICIPATION LEVEL
20-05-2015	22-05-2015	16-06-2015	$ 0.0500	100.00%	$ 0.0214	$ 0.0714	5C FR@ 30%;COND ON D RP PART LVL; D.R.P.
07-06-2013	14-06-2013	28-06-2013	$ 0.0510	100.00%	$ 0.0219	$ 0.0729	5.1C FRANKED @ 30% D.R.P.
20-04-2007	27-04-2007	30-05-2007	$ 0.0300	100.00%	$ 0.0129	$ 0.0429

In the majority of My SMSF investment portfolio, I look at locking 20% ROI through combining growth and Div .

I believe PTB can deliver those results if investing @ these current prices for the next few years.

With a minimum of 5c a share Div per year, growing profits year on year, operation diversification, Directors with skin in the company, plus close to 16m cash to deploy for further expansion.

at these lower prices, I can not resist but keep on buying.