re: latest dividend Jukes,
The 29c final dividend was the last of the dividends to be paid using a mixture of debt and cashflow. Post some June announcements they have decided to only pay dividends out of cash flow and have given guidance of a 22c full year divided (unfranked) for this current FY. It's a big reduction in dividend but a more sustainable approach IMO. The SP reflects the lower yield post the announcement - it is now a less attractive proposition to short term yield investors but more attractive to long term players like the Canadian Pension fund that has grabbed a fair chunk of the company.
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Last
$13.73 |
Change
0.065(0.48%) |
Mkt cap ! $42.67B | |||
| Open | High | Low | Value | Volume |
| $13.73 | $13.77 | $13.68 | $6.022M | 438.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 5354 | $13.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.73 | 9304 | 18 |
View Market Depth
| Last trade - 11.09am 29/07/2025 (20 minute delay) ? |
| TCL (ASX) Chart |