VituVingiSana wrote:MaichBlack wrote:ayushnehra wrote:that is very attractive dividend yield..!! better than a lot of companies on the NSE..!!
DPS - 1.35/=
EPS - 1.35/=
You should be very worried!!!
BAT also pays out 100% of the EPS. Though to be fair, TPSEA is in a very different business vs BAT.
BAT have NOTHING to do with money. It is a fully mature company with no immediate capital expenditures.
TPS NEEDS money. This decision was made for a singular reason. Shore up the share price!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.