Average analyst expectations for dividends are
FY19 38.7 FY20 51.0
FY21 56.3
Craigs expectation of 40 cps for FY19 is slightly above the average analyst (and suggests a final divvy of 27.5 cps fully imputed) and its great to hear they are expecting an operational update from ZEL in the next couple of weeks.
Very happy with the operational update today and confirms my belief that no matter how various fund managers classify ZEL it is indeed a consumer staple that the vast majority of customers must buy on a very regular and repetitive basis.
Mid point of dividend forecast (42.5 cps) is well above previous analyst consensus forecast of 38.7 cps.
I would speculate that after the market's disappointment with the companies interim dividend the board will want to try and pay towards the top end of the new range of (38-47 cps).
Happy holder.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Certainly is a good little upgrade this morning Beagle. Great to see both EBIDTAF and dividend guidance increased and also like the words "more stable crude outlook" that should help bed in better margins. Happy I've been accumulating over the last week and got my last lot this morning. Now happily holding.
Last edited by iceman; 23-01-2019 at 10:45 AM.
Reason: spelling
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
this will have big implications for z if subsidies passed to encourage business to uptake ev ... z has a big commercial business so loss here would be big something to kepp an eye out for in parliamant
Hold these for the Dividend...so good news for Mrs Mcdongle...But with Auckland signed up to ban petrol and diesel vehicles by 2030.. And buses by 2025 will be interested in how they are going to fill this void...
Hold these for the Dividend...so good news for Mrs Mcdongle...But with Auckland signed up to ban petrol and diesel vehicles by 2030.. And buses by 2025 will be interested in how they are going to fill this void...
I'll bet my last dollar those targets get shifted by at the very least a decade and is in fact nothing more than the fictional fantasy of some academic greenies.
Auckland Councilors are living in some sort of alternative reality...
Last edited by Beagle; 23-01-2019 at 11:07 AM.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Certainly is a good little upgrade this morning Beagle. Great to see both EBIDTAF and dividend guidance increased and also like the words "more stable crude outlook" that should help bed in better margins. Happy I've been accumulating over the last week and got my last lot this morning. Now happily holding.
Welcome aboard mate. Based on mid point of divvy forecast of 42.5 cps and the interim one paid of 12.5 cps the next divvy looks like a whopper at 30 cps !
Dividends effectively providing free fuel for the Iceman clan going forward I presume
Last edited by Beagle; 23-01-2019 at 11:39 AM.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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Originally Posted by Beagle
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