Originally Posted by
Balance
$6.55 ATH.
So let's do some sums and see what one gets when investing in HLG at $6.55 :
1. 14c fully imputed dividend so effective price is actually $6.31
2. Based upon F18 & F19 dividends of 44 cps (being 'normalized' years) = 7% pa at $6.31
3. Assuming sales increase of 10% for F21, expect dividend of at least 50c = 8% pa at $6.31
I would say that there will be financial advisors out there building income portfolios for clients who would be happy for 5% yield - implied sp = $10.00
Dreaming or are we on the way there?