A	B	C	D
Cash	1.61b	15.25b	12.81b	6.93b
Gross Profit	3.37b	49.51b	31.34b	15.49b
Net revenue	5.58b	57.26b	63.49b	22.28b
Gross profit margin	60.40%	86.47%	49.36%	69.52%
Profit margin	11.07%	24.85%	29.39%	42.65%
EBIT	773M	32.94b	29.43b	15.09b
Operating profit margin	13.85%	57.53%	46.35%	67.73%
Net Income	-195M	11.3b	21.09b	10.29b
Net profit margin	-3.49%	19.73	33.22%	46.18%
ROE	10.63%	33.16%	32.83%	58.39%
Growth rate	8.20%	1.83%	8.52%	4.85%
EPS	0.31	2.02	7.50	1.25
Dividends Paid	-115m	-7.9b	-10.95b

1. How do the historical dividend and buyback policy of company A compare to its peer companies B, C, D?

Extent of franking credits of dividend

EPS

Gross profit margin

Operating Profit margin

Profit margin

Net profit margin

which appear to have driven share buybacks (e.g. distribution of asset sale proceeds)

2. What major insights does the above comparable analysis provide in relation to the future payout policy of the company?

3.Based on the above analysis, what is your brief recommendation in relation to the future payout policy of the company?

\begin{tabular}{|l|l|l|l|l|} \hline & A & B & C & D \\ \hline Dividend Payout Ratio & 22.05% & 96.49% & 74.05% & 91.7% \\ \hline Dividend amount & $0.2 & $1.56 & $6.77 & $2.17 \\ \hline Dividend Yield & 0.59% & 4.16% & 7.32% & 12.33% \\ \hline Franking Credit & 100% & 100% & 100% & 100% \\ \hline Dividend Payment Frequency & 2 times in a year & 2 times in a year & 2 times in a year & 2 times in a year \\ \hline Average Dividend Yield in last 5 years & 3.17%. & 5.61%. & 5.91% & 9.29% \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|l|} \hline & A & B & C & D \\ \hline Dividend Payout Ratio & 22.05% & 96.49% & 74.05% & 91.7% \\ \hline Dividend amount & $0.2 & $1.56 & $6.77 & $2.17 \\ \hline Dividend Yield & 0.59% & 4.16% & 7.32% & 12.33% \\ \hline Franking Credit & 100% & 100% & 100% & 100% \\ \hline Dividend Payment Frequency & 2 times in a year & 2 times in a year & 2 times in a year & 2 times in a year \\ \hline Average Dividend Yield in last 5 years & 3.17%. & 5.61%. & 5.91% & 9.29% \\ \hline \end{tabular}