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Not a bad result. What happened to the Dividend payout ratio of...

  1. 6,072 Posts.
    Not a bad result.

    What happened to the Dividend payout ratio of 60% of NPAT as announced at AGM?

    NPAT $18.3m x 60% = $10.98m forecasted dividend payout to shareholders

    Dividend declared is 0.25.

    x 28,849,623 shares on issue = $7.2m declared dividend payout to shareholders

    $7.2m/$18.3m = 39.3%

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