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#Q3 2021 Market Update 26/10
stale
Added 3 years ago

DDR just 'keeps on keeping on'... Today they provided their 3rd quarter update

Highlights as follow:-

 With two months contribution from Exeed Group business, total revenue YTD to September 2021 was $1,720.4m, an increase of 16.1% on the prior corresponding period (PCP)

  • Net profit before tax YTD to September 2021 was $76.6m, an increase of 26.0% on the PCP
  • Excluding the contribution from Exeed business total revenue was $1.655.2m, up 11.7% on PCP and net profit before tax at $74.7m, up 22.9% on PCP
  • A strong result despite ongoing supply constraints being experienced during the year
  • Supply constraints are predicted to continue for the foreseeable future, however, our ability to forecast and manage allocation of stock continues to strengthen each quarter
  • Despite the global chip shortages, we are experiencing increased stock allocations across a large number of categories, improving the overall health of the supply chain
  • There is still a significant backlog of orders that we expect to fulfil in the last quarter of 2021


Still one of my best income & dividend stocks

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02441323-2A1333575?access_token=83ff96335c2d45a094df02a206a39ff4


#Dividend 9/2/21
stale
Last edited 3 years ago

EDIT~New attachment

Distribution Amount  AUD 0.10500000

Ex Date Friday February 12, 2021

Record Date Monday February 15, 2021

Payment Date Monday March 1,

2021 DRP election date Tuesday February 16, 2021 17:00:00

Disc: Long time happy holder

Since I have owned these share from back at $2- DDR has, as nearly all analysts say, been way to highly priced. But they keep delivering, esp with the div which is why I fisrt bought them

 

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