Harvey Norman FY16 Earnings Result

Harvey Norman (HVN.ASX) FY16 NPAT $350m and final dividend of $0.17

FY17 outlook for 5 – 7% EPS growth on $1.8b in revenue and EBIT of $530m.  Assuming total FY17 DPS of $0.27 the stock is trading on a forward yield of 5%.

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