yes, it's looking very strong. it has a high yield and is growing. it has been lumped in with the other big banks but is in much better shape.
with stable or slightly growing earnings, i'm expecting to see them increase the dividend again. Assuming 40c final and on a forward-looking basis:
80c / $10.78 = 7.4% yield + franking
very comfortable with this one for capital growth as well as growing dividends.
Go BOQ Go!!, page-2
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