CBA 1.81% $139.29 commonwealth bank of australia.

cba target price, page-17

  1. 3,086 Posts.
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    re: cba target price $30 At 2515, and div 69c, current div yield is 69 x 2 / 2515 = 5.5%, or grossed up = 7.8%. $21 ? You are off your head. Its already fallen 28%.

    Who is dumb enough to turn down an easy 7.8% (plus capital gain) to chase negative returns elsewhere?

    Go ahead, buy puts. I need some idiots to write puts to.
 
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