Smartgroup Corporation Ltd

The dividend has not been reduced for 2 consecutive years.The forecast annual dividend is $0.63 per share or unit, with a forecast yield of 7.27%.Dividend on equity (DOE) is 33.16%.

Dividend on equity (DOE) is the annual dividend as a percentage of shareholders’ equity. Because it is less affected by temporary earnings swings, it helps assess the continuity of a company’s shareholder return policy.