Second-Half Earnings to Rise Strongly. We Foresee Strong Demand in Melbourne for Ryman Villages.
Ryman Healthcare, or Ryman, reported first-half fiscal 2017 underlying profit of NZD 76.5 million or NZD 15.3 cents per share, up 9% on the previous corresponding period. The interim dividend increased from NZD 7.3 to NZD 8.5 cents per share, consistent with the firm's targeted 50% payout ratio. Ryman also provided initial profit guidance for fiscal 2017 of NZD 175 to 185 million, implying second-half earnings of NZD 98.5 to 108.5 million or growth of 29% to 42% on the first half. We don’t read ...Ryman Healthcare develops, owns and operates integrated retirement villages, resthomes and hospitals for the elderly within New Zealand and Australia.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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