Based on last years dividend declared in May this year of 5 cents, this stock is trading with current sp on a dividend yield of 11% with a p/e of just over 5.
And if you take consensus broker forecasts of an increased dividend (avg) of 9 cents for 2013 (thanks comsec) it is trading at forecast dividend yield for 3013 of 20%.
A stock to hold just for the dividends.....and capital upaide...as with its production profile and outlook for copper can't see much downside at current sp levels...but plenty of upside.
dividend yield of 11%
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Last
$1.14 |
Change
-0.090(7.35%) |
Mkt cap ! $106.6M | |||
| Open | High | Low | Value | Volume |
| $1.24 | $1.25 | $1.14 | $79.54K | 65.51K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $1.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.14 | 109 | 1 |
View Market Depth
| Last trade - 15.31pm 29/08/2024 (20 minute delay) ? |
| ABY (ASX) Chart |