I used to work there. They pay staff bonuses purely in share rights that vest in tranches over a few years. No cash at all. Richard White always insisted this was the best thing for employees. The last round of share rights they issued was around September/October 2019 when the share price was close to all-time highs, so hundreds of employees must be pretty pissed off right now. A tiny dividend isn't going to appease them but maybe it's a factor in management's thinking.
Ann: Update - Dividend/Distribution - WTC, page-11
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Last
$95.29 |
Change
-3.300(3.35%) |
Mkt cap ! $31.77B | |||
| Open | High | Low | Value | Volume |
| $97.80 | $97.93 | $94.77 | $32.08M | 335.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 444 | $95.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $95.29 | 650 | 2 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| WTC (ASX) Chart |