ASX announced 1H18 core earnings of A$230m, which is ahead of market expectations.
Revenue grew by 6% and we have the stock now trading on a forward dividend yield into FY19 of 4.1%.
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Underlying EPS growth has been upgraded to 5 -6% and full year dividend is $2.15, fully franked.
ASX is in the ASX Top 50 model portfolio.
ASX:ASX
