Forum Archive Index - March 2001

Please note usage of the Forum is subject to the Terms & Conditions.

Messages by Date [	Next by Date	Previous by Date ]
Messages by Thread [	Next by Thread	Previous by Thread ]
Post to the Forum [	New message	Reply to this message ]

Printable version

[sharechat] Contact - and dividends in general

From:	"Peter Maiden" <pmaiden@xtra.co.nz>
Date:	Sat, 24 Mar 2001 07:57:07 +1200

So S&P are concerned about the level of Contact's dividend, relative to profitability.

One question that has never been answered over years of debate is why do companies, not just Contact, pay attractive dividends when they themselves carry large levels of debt.

In essence Contact have borrowed the $100M odd they paid out in dividends in December.

Doesn't make sense - but a problem that financial experts and economists have grappled with for years.

Sharechatters have any thoughts?

Cheers

Peter.

In addition to

Replies

Re: [sharechat] Contact - and dividends in general Colin Ross

Messages by Date [	Next by Date:	[sharechat] Fletcher Forest shares barbara
	Previous by Date:	[sharechat] SGI update Will Bryant ]
Messages by Thread [	Next by Thread:	Re: [sharechat] Contact - and dividends in general Colin Ross
	Previous by Thread:	Re: [sharechat] Fletcher Building Jeremy Ardley ]
Post to the Forum [	New message	Reply to this message ]