FJ,just to throw in a little more negativity.nbn one off...

FJ,just to throw in a little more negativity.

nbn one off payments are forecast to decline from $1.5b fy20 to $.7b to $1b fy21 and then to almost nothing in fy22.

So thats the special div going down in fy21 and gone in fy22 ie the 3 cents.

But it gets better,tls paid out 99% earnings in 5 cent div but their pay out ratio is 70 to 90%.So others can do their research and come to their own conclusions.

So only solution penn grows the business.not just a little growth.

ps yes i'm annoyed and so should b others because penn is forcing me to research other co's when i was more than happy to have tls as a main div play in my portfolio.