Following my previous post here, let's attempt to go further down the road and see the impact of the 4th telco to M1.
|
FY2014 |
FY2015 |
FY2016 |
FY2017 |
FY2018 |
|
|
Actual |
Just my guess |
4th telco |
Pressure |
||
|
EPS (cents) |
18.8 |
19.9 |
21.1 |
21.9 |
22.3 |
|
Growth |
8% |
6% |
6% |
4% |
2% |
|
Scenario 1 (80% payout) |
|||||
|
Regular payout/share(cents) |
18.9 |
15.9 |
16.2 |
17.5 |
17.8 |
|
Payout ratio |
101% |
80% |
|||
|
Dividend Yield (@ $3.20) |
4.97% |
5.07% |
5.48% |
5.58% |
|
|
Scenario 2 (85% payout) |
|||||
|
Regular payout/share(cents) |
18.9 |
16.9 |
17.3 |
18.6 |
19.0 |
|
Payout ratio |
101% |
85% |
|||
|
Dividend Yield (@ $3.... |
|||||
