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Re: [sharechat] TEL Drops Dividend

From:	Brian Gale <brigale@i4free.co.nz>
Date:	Tue, 15 Aug 2000 14:08:03 +1200

Ben, Margie

Last years EPS was 49.45 with DPS of 46  = 93%

Forecast for this Yr was EPS 48.73  DPS of 46.4 = 95%

Figs taken from yearbook.  So announcement virtually halves Div pay-out - 
will know on Friday.

BG

At 12:47 15-08-00 +1200, you wrote:
>Margie - TEL previously had a policy of distributing at least 70% of net
>earnings in dividends - I don't however have the exact % figures from the
>last few years in front of me.
>
>Can anybody else help?
>
>Ben
>
>-----


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References

[sharechat] TEL Drops Dividend Ben Dutton
Re: [sharechat] TEL Drops Dividend richard hermans
Re: [sharechat] TEL Drops Dividend Ben Dutton

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