MFT should stay focused on investing to grow profits.
Apart from the shifting sands of the share price based yield, that is impressive dividend growth over the years. Back when I bought them in 2009, the annual dividend was 27c/share. Last year it was $1.39
If MFT can keep ROE above 20% maybe even lower the div?
I don't really think they need advise on how to set the dividend. One of the best boards, chairs and CEO around in any NZ company I know ... and I never had the impression that they do anything to massage the share price. They only look at the long term interest of the company (and with that their staff and shareholders) and their clients.
I trust they will keep it that way.
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"Prediction is very difficult, especially about the future" (Niels Bohr)
Jarden has $ 90 and Forbar has $ 84 ...U ok with these or need Craigs also mate ?
My guess is as considered as theirs I reckon .... those who think analysts spreadsheets are based on logic and rigorous analytical thinking are dreaming ... that's why there's a science about emotional investing.
So I'll go with $102.50
Cool eh
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
My guess is as considered as theirs I reckon .... those who think analysts spreadsheets are based on logic and rigorous analytical thinking are dreaming ... that's why there's a science about emotional investing.
So I'll go with $102.50
Cool eh
I am happier with your scientific emotional target ...$ 102.50 ...maybe this time it will cross $ 100 barrier
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