Count posts record net profit
Count Financial (Count) has posted a preliminary record net profit after tax (NPAT) of $52 million in the company's latest earning guidance and dividend announcement.
Count's NPAT is up 118 per cent on last year's annual results, while operating profit (EBIT) is expected to be around $25.5 million - down by 3 per cent compared to the same time last year.
Reported earnings per share (EPS) growth is around 115 per cent, while normalised EPS growth will be around 6 per cent, according to the release.
The financial planning group has also announced a fully franked 'risk/reward' dividend of 4 cents per share, bringing the annual dividend to 10 cents per share.
According to the announcement, this increase is equal to Count's previous record annual dividend, and represents a yield of 11 per cent fully franked.
AUTHOR
Andrew Tsanadis
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