AVJ avjennings limited

Dividend pay out set in stone at 40-50% of NPAT FY15 dividends...

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    Dividend pay out set in stone at 40-50% of NPAT

    FY15 dividends were .01 and .03 (4c FF)

    FY16 dividends were .015 and expected .035-.04 (5-5.5c FF)
    On a current share price that is 10% FF dividend.

    And NTA is slowly increasing, and sits at 89c.

    As i keep saying, we have both value and yield.
    Value will realised in time, and until then, i'll enjoy my yield
 
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