CBA 0.60% $142.85 commonwealth bank of australia.

Rough and dirty: CBA lowest payout ratio in last ten years was...

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    Rough and dirty: CBA lowest payout ratio in last ten years was 65% of EPS. Usually around 77% and sometimes as high as 90%+. Last year EPS was 344 cents.

    EPS this year given need to presumably increase provisions and payout ratio given need to presumably bolster capital??

    My worst case 65% of 310 cents = 7.2%; but could easily be much higher: say 70% of 320 cents = 8%.

    All fully franked of course.

    So given cash will probably be 3% next year...I bought yesterday.


 
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