SMH said it would come in at $240 million. Wrong. It is actually $264 million. The difference is that they are not going to payout a dividend above earnings so the divi has been reduced 8% from .339 to .31 which is incidently the predicted earnings per share. Great. I don't like companies paying out dividends more than earnings. In fact if a company is making more than bank interest I want the money reinvested in the company in the form of buy back or a wise core investment.
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- smh article was wrong...$264 million
smh article was wrong...$264 million
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Last
$1.96 |
Change
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Mkt cap ! $7.733B |
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2 | 21412 | 1.945 |
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Price($) | Vol. | No. |
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1.970 | 16262 | 1 |
1.975 | 16262 | 1 |
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1.985 | 21262 | 2 |
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Last
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Change
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Last updated 15.59pm 31/05/2024 ? |
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