Is Woodside heading the wrong way?

Woodside may have to take a few lessons from BHP to reassure income hungry investors.

One of the hardest decisions boards of directors face is to suddenly discover they are in charge of an income-producing company rather than a growth company.

Our institutions are pressing for more dividends and capital returns, so increasingly companies are going to face difficult decisions in deciding forward strategy and where they stand in the growth/income funds allocation game.

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