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.
Yes that's correct. The dividend does represent just 15% of the...
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$33.55 |
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| No. | Vol. | Price($) |
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| 1 | 908 | $33.54 |
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| Price($) | Vol. | No. |
|---|---|---|
| $33.57 | 969 | 3 |
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