They paid out $0.76 in H1, at a 65% payout ratio.
Unless the next 11 days hold something very strange (and in 2020 who is brave enough to say they don't) then I can't see the H2 profit being any less than the H1 profit (when the IO price was lower than H1, the dollar was also significantly lower. As the dollar has risen back up in the order of 20% - the IO price has done the same).
Unless they significantly drop the payout ratio (unlikely without acquisition) then I think the dividend floor for H2 will be $0.76 again (meaning $1.52 for the year). I'd say $0.91 would be the top-end I would estimate (which would be a 20% rise in profit from H1 and maintaining the payout ratio at 65%).
They paid out $0.76 in H1, at a 65% payout ratio.Unless the next...
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$22.10 |
Change
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Mkt cap ! $68.04B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9803 | $22.09 |
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| Price($) | Vol. | No. |
|---|---|---|
| $22.11 | 10620 | 3 |
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