G.U.D. Holdings (GUD) will go ex dividend on 14/2/2012. The current dividend payment is 30 cents and it is 100% franked. The record date is 20/2/2012 and the dividend will be paid on 6/3/2012. Based on the full year payment the dividend yield is 8.3%.
*Current Yield: 3.8% Franking: 100% DRP Discount: Not Available
*Yield has been calculated on the closing price on the 3/2/2011. Current yield is based on the current dividend payment only.
G.U.D. Holdings (GUD) will go ex dividend on 24/8/2011. The current dividend payment is 35 cents and it is 100% franked. The record date is 30/8/2011 and the dividend will be paid on 14/9/2011. Based on the full year payment the dividend yield is 8.2%.
*Current Yield: 4.5% Franking: 100% DRP Discount: Not Available
*Yield has been calculated on the closing price on the 15/8/2011. Current yield is based on the current dividend payment only.
G.U.D. Holdings (GUD) will go ex dividend on 17/2/2011. The current dividend payment is 29 cents and it is 100% franked. The record date is 23/2/2011 and the dividend will be paid on 9/3/2011. Based on the full year payment the dividend yield is 6.4%.
*Current Yield: 2.9% Franking: 100% DRP Discount: Not Available
*Yield has been calculated on the closing price on the 3/2/2011. Current yield is based on the current dividend payment only.
G.U.D. Holdings (GUD) will go ex dividend on 10/9/2010. The current dividend payment is 34 cents and it is 100% franked. The record date is 16/9/2010 and the dividend will be paid on 30/9/2010. Based on the full year payment the dividend yield is 6.6%.
*Current Yield: 3.6% Franking: 100% DRP Discount: Not Available
*Yield has been calculated on the closing price on the 26/8/2010. Current yield is based on the current dividend payment only.
GUD Holdings announced on the 21/6/2010 that they would be conducting a Share Purchase Plan to raise additional capital. The record date was the 18/6/2010 on which shareholders must own the share to participate in the SPP. The closing date is 21/7/2010. Shares will be issued on 30/7/2010 and begin trading on 3/8/2010. A maximum of $15,000 can be purchased by each shareholder at $8.30 or a 2.5% discount to volume weighted average price, VWAP.
Discount : 4.0% Liquidity : Good Profitability : Good Stability : Good
* Note: Discount is based on the closing price on the 21 June 2010.
GUD Holdings Limited (GUD) confirmed that it has signed a Takeover Bid Implementation Agreement (“Agreement”) with Dexion Limited (“Dexion”) under which, subject to the satisfactory completion of confirmatory due diligence, it would make an off-market takeover bid (“Offer”) to acquire all the issued shares of Dexion, a leading provider of solutions for the industrial and commercial storage markets in Australia, New Zealand, Asia and the Middle East. Pursuant to the Agreement, the Dexion Board has agreed to recommend the Offer, in the absence of a superior proposal.
As stated above, the proposed Offer is conditional upon the satisfactory completion of confirmatory due diligence on Dexion. Dexion has agreed to allow GUD four weeks to complete its due diligence and has granted GUD exclusivity for this period. At or before the end of the due diligence period, GUD will announce whether or not it will proceed with the formal Offer. Until that time, there is no certainty that a formal offer will proceed.
The proposed Offer is at a price of A$0.80 cash per Dexion share, reflecting a 100% premium to the Dexion share price of A$0.40 at close of trade on 20 May 2010. This equates to an equity valuation and enterprise valuation (“EV”) for Dexion of A$84 million and A$109 million respectively, and represents an EV / EBITA multiple of 9.5x based on the midpoint of Dexion’s earnings guidance for the year ending 31 December 2010 as announced by Dexion at its AGM on 22 April 2010.
GUD expects the acquisition, if it proceeds, will be earnings per share accretive in GUD’s first full year of ownership. GUD has the capacity to fund the proposed Offer using existing cash and committed bank facilities; however, it is currently in the process of determining its preferred acquisition funding mix.
Commenting on the Agreement, GUD Chairman Mr Clive Hall said, “The rationale for the proposed Offer is clear and compelling, and provides benefits for both sets of shareholders.” “For Dexion shareholders, the Offer represents an excellent price for their shares at what can only be regarded as an extremely attractive premium that provides certainty of value today.”
G.U.D. Holdings (GUD) will go ex dividend on 10/3/2010. The current dividend payment is 28 cents and it is 100% franked. The record date is 16/3/2010 and the dividend will be paid on 30/3/2010. Based on the full year payment the dividend yield is 6.8%.
*Current Yield: 3.1% Franking: 100% DRP Discount: Not Available
*Yield has been calculated on the closing price on the 12/2/2010. Current yield is based on the current dividend payment only.
G.U.D. Holdings Limited (GUD) today announced its intention to make an off-market takeover offer (the Offer) for all the shares it does not already own in Breville Group Limited (BRG).
Under the Offer, GUD is offering all Brevilie shareholders one GUD Share for every 4 Breville Shares. The Offer values Breville at $322 million, or $2.20 per share, and implies a substantial premium of 206% to the Breville closing price of $0.72 on 28 May 2009, being the day prior to the announcement of GUD’s acquisition of a 19.4% shareholding in Breville Group; 51% to the Breville 1 month WVAP up to and including 8 October 2009 of $1.46; and 47% to the Breville closing price on 8 October 2009 of $1 30.
GUD Chairman, Clive Hall, said, “The GUD Board believes this Offer represents an extremely attractive opportunity for Breville shareholders to realise a substantial premium for their shares, while retaining an investment in a larger company with a stronger shareholder return and dividend track record, and participate in the potential operational and financial benefits of combining the businesses.”
GUD Managing Director, Ian Campbell said, “If we are successful in combining the highly complementary businesses of Sunbeam and Breville, the Merged Group will be a leading small domestic appliance business in Australasia, and will provide a strong platform for expansion in international markets, particularly North America.” “I believe there will be significant benefits from leveraging the product development, innovation, sourcing, distribution and marketing expertise in both companies, and believe the combination of the two businesses will unlock significant value for both GUD and Breville shareholders.”
G.U.D. Holdings (GUD) will go ex dividend on 10/9/2009. The current dividend payment is 33.0 cents and it is 100% franked. The record date is 16/9/2009 and the dividend will be paid on 30/9/2009. Based on the full year payment the dividend yield is 7.1%.
Current Yield: 3.8% Franking: 100% DRP Discount: DRP Not Available
*Yield has been calculated on the closing price on the 11/8/2009. Current Yield is based on the current dividend payment only.
GUD Holdings (GUD) announced on the 24/4/2009 that they would be conducting a Share Purchase Plan to raise additional capital. The record date was 24/4/2009 on which shareholders must own the share to participate in the SPP and the closing date is 19/5/2009. A maximum of $15,000 can be purchased by each shareholder at $6.50 or a discount of 5% to the Volume Weighted Average Price (VWAP) prior to the issue date.
