Club Mulgoa

Tuesday, August 14, 2012

CBA

You often wonder how the big analysts estimate the profit of the big companies.  And usually, they are about right.  Hence CBA's result, announced this AM, is not that surprising.  Still it rose because of the nice dividend... I suspect.  The dividend yield is higher than interest from fixed term deposits.  Even my father knew where to park his money, especially when the dividend is consistent, increasing and based on profit.  The 4-pillar banking policy is not going to change overnight.

0 Comments:

Post a Comment

<< Home