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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Elroy who wrote (71140)9/18/2022 10:32:58 AM
From: A1111  Read Replies (2) | Respond to of 78670
 
Interesting analysis.

I'm not sure how sustainable their dividend payments will be. H1 FY 22, dividend payment per share was 0.950 and diluted EPS was 0.34: a payout ratio of 2.79 or 279%. Their cash flow statement shows it was funded by diluting shareholders instead of tampering into their retained earnings, which is the main problem I see with this thesis.

What are your thoughts on future dividend payments?