Yes that's correct. The dividend does represent just 15% of the statutory profit this year after the statutory profit included an accounting gain of about $700m as a result of the finalization of the merger between TPG and Vodafone. In most years about 50% - 55% of EPS is what is usually distributed as dividend. So the dividend is quite conservative each year but, therefore, very reliable.
Ann: WHSP FY20 Presentation, page-15
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$41.89 |
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Mkt cap ! $15.38B | |||
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