isn't the decision whether to return money to shareholders as a divi or use the money to grow the company based on Return On Equity?
Like if it is less than what you would get in a bank say 5% then the company should return all profits as divi
If however it is greater than 5% then profits should be reinvested to back in the company to grow the business
well PLS book = $1.13
EPS = 15c (could be a lot less)
ROE =13%
So at a 13% return maybe earnings should be reinvested back in the business... maybe just. 13% is not that impressive.
any figure of 6 cents or less ie 5% and all earnings should go back to shareholders
isn't the decision whether to return money to shareholders as a...
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.99 |
Change
0.010(0.34%) |
Mkt cap ! $9.000B | |||
| Open | High | Low | Value | Volume |
| $2.93 | $3.01 | $2.89 | $104.7M | 35.12M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11874 | $2.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.99 | 65336 | 3 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |