AIZ air new zealand limited

Ok if they use the special dividend to pay for the latest...

  1. 7,515 Posts.
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    Ok if they use the special dividend to pay for the latest aircraft and just pay a normal dividend then we don't get as much in earnings but should see the sp head back up to - ? 2.40? 2.50? 2.80? either way we come out ahead with that extra cash that was getting eaten away at Virgin - AIZ get's the modern planes and the savings on upkeep & punters like new shiny things to boot and I'd imagine the latest would also be better on fuel... hard to see the down side on this if we don't get the special dividend on top of the normal dividend in lieu of a higher sp based on projected earnings from aircraft upgrades..
    Last edited by Pbnewby: 17/07/16
 
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