WDS 0.35% $28.94 woodside energy group ltd

Dividend, page-59

  1. 414 Posts.
    lightbulb Created with Sketch. 61
    My guess :
    1) Div 70c AUD, together with a ...
    2) Off-mkt buyback post-BHPP completion, and
    3) Greater certainty on Div Payout ratio going forward post-BHPP.

    Rationale :
    1) Don't want to have an "adjustment" payment to BHP equivalent to the WPL dividend. Would rather the dividends go directly to the BHP shareholders not via BHP corporate (Assumes BHP will stream the equivalent WPL div to their own BHP shareholders).
    2) Equity will be way out of whack post-BHPP. Supports buyback.
    3) ITC's are wayyy too high and need to be realised for shareholders. Hench off-mkt buyback.
 
watchlist Created with Sketch. Add WDS (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.