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67.5¢ mayfield childcare limited

Maiden Dividend, page-2

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118

29/01/18

20:43

Post #: 30643405
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Originally posted by Ivanovich ↑

The letter recieved today introducing the DRP stated " .......as well as confirming its maiden dividend as outlined in the company's Prospectus. We know the dividend payout ratio is 65% but the Prospectus also states " Implied forecast dividend yield for CY17 at the Offer Price* 7.65%" . The offer price was $1 so for each dollar invested you would recieve 7.65 cents. Are they saying they will pay the dividend at a 65% pay out ratio and implied yield of 7.65% or are they saying they will just pay out the dividend at 65% of the nett profit. If it is the former then they have met guidance.

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Bit of interest last few days. Looking forward to report Jan 31.

MFD Price at posting: $1.05 Sentiment: Hold Disclosure: Held
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(20min delay)
Last 67.5¢		Change 0.000(0.00%)		Mkt cap ! $44.08M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	4800	67.0¢

Sellers (Offers)

Price($)	Vol.	No.
67.5¢	4176	1

View Market Depth

No.	Vol.	Price($)
1	4800	0.670
1	13548	0.655
2	10800	0.650
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.675	4176	1
0.690	11500	2
0.730	10000	1
0.740	86865	1
0.755	2540	1

Last trade - 10.04am 18/06/2024 (20 minute delay)

MFD (ASX) Chart

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