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On Commsec Research by Morningstar- Dividends seem to have a...

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    On Commsec Research by Morningstar- Dividends seem to have a forecast haircut. Not sure how accurate that is.

    {caption}Earnings and Dividends Forecast (cents per share){/caption}
    1   2016 2017 2018 2019
    2 EPS 46.5 34.5 37.0 47.3
    3 DPS 46.0 15.0 15.0 25.0

    15 cents for 2017
    15 cents for 2018

    How do they factor that?
 
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