Banks - new pecking order?, page-3

  1. Ocker
    10,373 Posts.
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    07/11/02
    12:21
    Post #: 79295
    Fergy

    Prob with CBA is that by their own admission they have minimal growth prospects for next year - fund managers need to hold growth stocks.

    About the only thing I see holding CBA price up is their higher than average yield - presently around 5.35%. But even that is only being achieved through having a payout ratio of around 73%.
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    lightbulb Created with Sketch.  Great analysis
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