"Our policy is to pay 70 percent to 80 percent of NPAT as fully franked dividends.
We have provided guidance that profit for this half year ended December 2007 will be slightly lower than profit in the prior corresponding period year, prior to one-off costs. We expect to pay a dividend consistent with our policy."
Any holders care to speculate on what 'slightly lower' means? Share price has dropped significantly, and even with a slight reduction in the dividend the yield is still very good IMO.
CND Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
