I got mine on Tuesday among others. Already used this huge dividend to buy several other sectors.
That’s how you build considerable wealth - reinvest in the market. Nothing wrong with DRP per se, however when times are good and the dividend is big, the share price is high, when it’s poor, the dividend is low and the reinvestment price is low, however you get very few shares due to low dividend. It’s contrary to what I do - use healthy sectors solid dividends to value buy other sectors. Energy, COL, AMC, IAG and a few other defensive are quite cheap right now. I’m buying those with my big CBA, BHP, RIO dividends etc.
Re investment plan, page-7
Add BHP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$40.07 |
Change
0.060(0.15%) |
Mkt cap ! $203.3B | |||
| Open | High | Low | Value | Volume |
| $40.05 | $40.25 | $40.02 | $285.6M | 7.104M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $40.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $40.12 | 1349 | 2 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| BHP (ASX) Chart |