MSG 0.00% 0.4¢ mcs services limited

11% div on a 0.029 sp !, page-13

  1. 2,355 Posts.
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    How is paying a dividend wasting cash? I invested on the basis of this being a high yield stock as in the prospectus. The DRP means you can keep the cash if you want and the company can retain some for expansion. It is generating plenty of cash so dividends are not incompatible with expansion.
 
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