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.
smh article was wrong...$264 million
Add MGR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.99 |
Change
0.005(0.25%) |
Mkt cap ! $7.822B | |||
| Open | High | Low | Value | Volume |
| $2.00 | $2.01 | $1.98 | $2.247M | 1.129M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 157944 | $1.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.99 | 39408 | 17 |
View Market Depth
| Last trade - 11.00am 27/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$1.99 |
Change
0.005 ( 0.26 %) |
||||
| Open | High | Low | Volume | ||
| $1.99 | $2.01 | $1.98 | 342387 | ||
| Last updated 11.16am 27/05/2024 ? | |||||
| MGR (ASX) Chart |