Originally Posted by
KiwiGreen
Nah I haven't included imputation credits - do you know what they are as a percentage of the dividend?
At 20c from 2021 I get NZ$1.77
I think someone asked where I got my numbers...yep purely based on EY recommendation plus an assumption from 2021 on wards....
"Chorus implements a dividend holiday in the second half of FY14, FY15 and the first half of FY16;
Between FY16 and FY20 Chorus reinstate the dividend at 50% of the FY13 dividend, or 12.75cps;"
(I didn't bother splitting the 2016 in half, but doing so takes about 5c off the valuation).