SMH said it would come in at $240 million. Wrong. It is actually $264 million. The difference is that they are not going to payout a dividend above earnings so the divi has been reduced 8% from .339 to .31 which is incidently the predicted earnings per share. Great. I don't like companies paying out dividends more than earnings. In fact if a company is making more than bank interest I want the money reinvested in the company in the form of buy back or a wise core investment.
smh article was wrong...$264 million
Add MGR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.06 |
Change
-0.010(0.48%) |
Mkt cap ! $8.069B | |||
| Open | High | Low | Value | Volume |
| $2.06 | $2.07 | $2.03 | $9.871M | 4.824M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 54 | 393840 | $2.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.06 | 221105 | 33 |
View Market Depth
| Last trade - 13.50pm 21/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$2.06 |
Change
-0.010 ( 0.80 %) |
||||
| Open | High | Low | Volume | ||
| $2.07 | $2.07 | $2.04 | 5835965 | ||
| Last updated 14.08pm 21/05/2024 ? | |||||
| MGR (ASX) Chart |