SIP earned 1.5c last half, so it may not be paying a 4c full year dividend if that keeps up- no point paying out more than earned. However, SIP reckon they will have a much better second half. I also note that SIP is now buying back 5% of shares, not 10%.
newB, I think we were both around at the time of the special dividend- I sold out too early, of course. But I recall at the time, both API and SIP were really bearish, with API at about half the share price of SIP- now they're close to even. SIP back in looking interesting.
