The grossed up dividend yield on this current dividend (one of two paid during the year) is in excess of 5.1%. 15c fully franked dividend. 21.42c grossed up dividend. Closing shareprice on Friday was $4.20.
The 2019 second half profit results were good. Substantial increase on the similar 6 month period in 2018. Very few shares on issue. Approximately 11m shares means the shareprice can run hard as few shares are available.
5.1% grossed up divvy yield for 6 month period
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