My opinion, management need to seriously look at announcing the payout ratio for the half will be wound back to 70%. Note that with the recent price rises this will be equal to or larger than the expected dividend @ 80% that most have forecast for the last few months.
With the 'withheld' 10%, do 1 of 3 things (in order of preference): build a war chest for acquisition, use for buy-back (the mechanism is in place), pay off debt (I know it has long expiry dates - but maybe time to get rid of it).
The dividend and yield clearly isn't going to cause any further SP appreciation - so use the once-in-a-lifetime bounty to further grow earnings per share for the future!
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Last
$18.18 |
Change
-0.090(0.49%) |
Mkt cap ! $55.97B |
Open | High | Low | Value | Volume |
$18.26 | $18.41 | $18.18 | $200.9M | 11.00M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 6678 | $18.17 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$18.19 | 70000 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 6678 | 18.170 |
8 | 25966 | 18.160 |
18 | 13878 | 18.150 |
2 | 66254 | 18.140 |
4 | 45603 | 18.130 |
Price($) | Vol. | No. |
---|---|---|
18.190 | 70000 | 3 |
18.200 | 20000 | 1 |
18.260 | 1788 | 1 |
18.280 | 5000 | 1 |
18.300 | 7500 | 4 |
Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
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