Factually incorrect.
Page 15 of the presentation (and previous guidance) that this is an introduction to continued dividend policy.
"Dividend policy to pay out 30%to 40%, moving to a pay-outratio in excess of 50% in themedium term".
EPD is net cash with consistent cash generation. They wouldn't hoard the cash, either they buy new EPS accretive business, distribute dividends or share buyback (which I think they will introduce if the price stays at this ridiculous level).
- Forums
- ASX - By Stock
- Significantly undervalued?
Factually incorrect.Page 15 of the presentation (and previous...
-
- 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)