Toll
Study the historical dividends for TOLL HOLDINGS LIMITED. Dividends are a portion of company profits paid out to shareholders. You are eligible to receive TOL dividends if you own the company's stock on the ex-dividend date. Investor's must have purchased the stock before the ex dividend date to be entitled to the dividend. The previous owner of the shares will receive the TOL dividend if you buy the stocks on or after the ex dividend date. The Pay Date or the Date Payable is the day when the dividend is paid to shareholders.
The Toll Holdings Limited (TOLL) current share price has a implied reduction in domestic growth from 7% to 3% with margin decline too aggressive from Australian stockmarket analysts from Citi.
Toll Holdings Ltd: Rationalising Risk
Upgrade to BUY — Sale of NZ rail and ferry assets removes an element of risk and switches focus back to domestic ops. Current share price implies a reduction in domestic growth from 7% to 3% with margin decline which looks too aggressive in our view. We have not changed our forecasts at this stage.
Toll (TOL) has had their Outperform rating retained and a share price target of $16.80 from Macquarie Research Equities (MRE). The stock analyst have noted that comments at the Toll Holdings AGM were encouraging and the outlook statement positive. MRE reports that Toll's integration of Patrick and Semblog is proceeding well and revenues and earnings in the period since June 2006 are slightly ahead of plan.
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