Business Spectator has now joined the chorus about Elliot flagging a possible dividend cut. Anyone flagging a dividend cut should not be toying with such an idea but should do.it or shut up about it if he does not want to send jitters through every bank holder and beyond.
Why scare the market that the banks are needing to conserve funds especially when they not paying all their real cash profits in dividends I find rather puzzling.
Im not surprised it's ANZ Bank.if you look at my previous posts I've always said Sell and reasons are all covered in my posts.
The big 4 Banks & dividend trouble ahead, page-7
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