Given the historical payout ratio for SKE has been 88% (2003-2008) I see dividends per share at something more like:
2013: 21.5 2014: 23.1 2015: 24.9
A nice little earner on shares that are changing hands for $2.56, add in some franking credits gives a grossed up yield of about 13% over the next few years.
quoting camden55: "In terms of the revenue opportunity, what was noteworthy to me was McMahon’s emphasising on several occasions that, in the resources sector, Skilled Group is principally exposed to mining volumes (i.e., in the provision of operating and maintenance staff), and to a far lesser extent is exposed to project-related work.
...., the stock will be yielding over 10%, fully franked (there are (also) currently $64m, or 26cps, in surplus franking credits, so special dividends are also on the cards in the foreseeable future)."
