Income: Double digit dividend growth

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Potential dividend growth well into double-digit percentages is a major attraction of this financial services business. The forecast yield is already 4.1%. That dividend is covered nearly three times by forecast earnings and the dividend cover should be maintained when the dividend is increased.

The share price recently slipped because of forecast downgrades. Higher interest rates and wages are putting pressure on profit, but it is still growing strongly. The tax rate is higher than previous...

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