similar dividend as last year with a higher payout
You may very well be correct, but I have some doubts.
The statutory NPAT for 2023 was around $87m and reflected EPS of $0.16 from which they paid a dividend of $0.18.
I estimate the statutory NPAT for 2024 to be around $60m which represents EPS of about $0.10.
Given that they've paid out $0.085 in dividends after the half year result, the scope to pay out a similar dividend to last year seems limited even though the underlying result is quite solid under the circumstances and in line with their skill levels.
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Last
$1.36 |
Change
0.025(1.87%) |
Mkt cap ! $817.6M | |||
| Open | High | Low | Value | Volume |
| $1.35 | $1.37 | $1.34 | $2.372M | 1.752M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 13690 | $1.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.36 | 16075 | 2 |
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| Last trade - 16.19pm 25/06/2025 (20 minute delay) ? |
| AX1 (ASX) Chart |