investing for dividends in this current climate is financial suicide.
This is not why we invest in an up and coming producer like SYA!
The average return for dividends is 5%, current rate of inflation is 7.4% and cash rate is 3.35%.
As an investor I need an annual return of at least 11% just to break even.
Ann: Trading Halt, page-185
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Last
3.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $339.6M | |||
| Open | High | Low | Value | Volume |
| 3.4¢ | 3.4¢ | 3.2¢ | $1.146M | 34.72M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 192 | 43663104 | 3.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.3¢ | 3291593 | 14 |
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| Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
| SYA (ASX) Chart |