Its one of the only infrastructure stocks that is paying dividends entirely from the cashflow generated by its assets, rather than borrowings funded against asset revaluations. The dividend is 13% and the losses you speak of are related to non-cash items arising from the Arquiva acquistion (ie:non-operating losses).
- Forums
- ASX - By Stock
- MCG
- looks cheap
MCG
macquarie communications infrastructure group
looks cheap, page-25
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
DVP
Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place
BOE
Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan