SWM hasd a net profit of $163m last earnings. Of course it should pay a dividend! And it had to raise. It will be a much healthier company after this.
There may be a risk that the market will pull the share price down to make a larger dividend yield post-raising. The market has expectations of SWM being a yield share. At least they have said what the upcoming dividends will be exactly. Tat has to help investors.
what will dividend yield be?, page-4
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Last
16.5¢ |
Change
0.010(6.45%) |
Mkt cap ! $253.9M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.5¢ | 15.5¢ | $127.9K | 790.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 31250 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 102298 | 3 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| SWM (ASX) Chart |