Tabcorp (TAH.ASX) reported FY16 earnings with earnings in line with market expectations. Full year dividend of $0.24
FY17 we look for underlying EPS growth of around 8 – 10% on $2.2b in revenue and EBIT of $370m. Forecast dividend of around $0.26 which will place the stock on a 5.2% yield.
You're not a member! Trial today
There’s a potential buy on a pullback to $4.60 and we’ll be taking close notice of any algorithm signal we generate at or near this level.
