An 11c dividend is reasonable. To put it into perspective the only other listed health insurer NHF (disc: not held) paid a dividend of 14.75c so I wouldn't consider MPL dividend peanuts.
The previous year Medibank flagged that it was losing policyholders and I am not surprised that this is continuing. New CEO looks like he wants to address this and get on top of it, by linking employee bonuses with customer satisfaction.
Medibank has lost customers, but you make it sound like it is about to collapse. Medibank is debt free, provides a reasonable dividend and gets guaranteed premium increases every year.
Medibank wasn't the only health related stock to get hit. For example NHF, EHE (disc: not held) and JHC (disc: not held) all got hit hard by the market.
Your shorter mind games won't work here.
Worse than Consensus, downtrend growth, page-10
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