
EP #159 | Macro numbers we follow & a few additional earnings
Dividend Talk
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The Good News About the Interim Dividend
I think he was totally caught off guard with this one. If you look at the slides, it was straight away a really nice free cash flow delta compared to last year. So that's what people were looking for. My fair value is around 26 and some change and it's trading at 31 euro. Look, you get this company for a 3.5% yield. It has a 5 year dividend growth record of 11%. Clearly, it's a chowder number. But if you're through a dividend growth investor, you can look actually a little bit easier.
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