even at the current shareprice WPL is trading on a forward yield of about 9-10% based on the recent dividend (A$1.40 x 2).
With the next dividend likely to be higher still.
Also the above yield doesn't even take into account the 100% franking credits......
Woke fund managers are going to have some explaining to do when their funds underperform the market and unwoke fund managers by quite a lot given WPL and STO's outperformance
WPL@$30, page-5434
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$25.14 |
Change
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Mkt cap ! $47.82B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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