HYR Discussion, page-25

Apart from the operations side, which you guys seem to have a good hold on, do you think they will increase the div to 0.16 next half? The yield is again getting pretty delish, and if world growth is to remain suppressed (which may be a reasonable bet), will the hunt for this yield be enough to sustain a relatively higher share price? With uncertainty I can't see TLS (or the banks) coming off 30% when there isn't a reasonable alternative at the moment (ie miners and growth stocks not generally rising in a long term trend). The banks may drop or hold divs and if TLS ups it again there may be upside yet in the medium term. Their free cash flow should allow all this if the status quo is maintained.

I accept I could be wrong, as I was wrong once in the eighties (channeling small fry)