Sorry I am late to the game here but I think the divi will potentially be lower for a couple of reasons. The expanded share base of ~685m shares @7cps = ~48m - the company has stated a divi poliy of 40% of underlying NPAT, so this infers a NPAT of $120m which is above guidance of ~$98m. The other reason is that last years 7cps divi was 3.5c interim +1.5c Final +2c Special divi - so really the base divi is 5c P.A. They may have had a cracking half and may keep the interim at 3.5c but don't forget they also have a substantial debt in USD (meaning as the AUD declines the amount payable increases - of course this is partly offset by USD earnings).
Anyway it's going to be an interesting result - anyone know when they report ? I assume this week but not 100%. Has anyone got an idea of consensus earnings or a research note from a broker ?
Cheers GLTAH and DYOR.
Is Dividend Sustainable?, page-19
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PRN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.05 |
Change
0.018(1.69%) |
Mkt cap ! $987.1M | |||
| Open | High | Low | Value | Volume |
| $1.04 | $1.06 | $1.04 | $780.2K | 744.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 10266 | $1.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.06 | 36665 | 13 |
View Market Depth
| Last trade - 10.51am 26/07/2024 (20 minute delay) ? |
| PRN (ASX) Chart |