BOQ 0.96% $6.17 bank of queensland limited.

$1 BILLION Dollars wiped of mkt cap, page-37

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    At $8.12 as I type represents a grossed up dividend yield of 9.93% (on my calculations) as long as the dividend paid is $0.62c p.a. This is attractive in anyone's book but is the stock still a dividend trap? Thoughts on future dividend amounts and or franking credit cuts as per a major?

    The share price should be capped for sometime as ppl sell off their share allocation, if in profit. Is it too early to call today's low of $7.85 the bottom. Questions questions.
 
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