just my speculation so as all say DYOR.
they are plenty of you on here that the current financial position much better than I do.
I think this might be a bigger payout than anticipated, the board are usually driven and rewarded on share price. Right now YAL is literally printing money and the share price is struggling to get the take off it deserves. they need to take an agreessive and different approach to push it, I think they'll pay a much higher percentage out. again just speculation.
if the statement is saw previously was correct that YAL prior dividend was 40% and term as conservative, I think they'll push 70-80% to give the share price a kick.
remember no debt and cash flying in the door, why do you need to hold onto it.
Projected Half Yearly Dividend for FY 22, page-135
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Last
$7.02 |
Change
0.190(2.78%) |
Mkt cap ! $9.269B | |||
| Open | High | Low | Value | Volume |
| $6.94 | $7.05 | $6.86 | $9.416M | 1.349M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18248 | $7.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.03 | 23250 | 2 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| YAL (ASX) Chart |