Thanks mate - that's some great stuff there. Noting that this is the innaugaral dividend for TER and these are usually higher than steady state dividends, 10 cps unfranked (7 cps fully franked) is still a huge amount equating to a (7 x 2)/76 = 18.4% fully franked yield.
I dont have any spare funds for now, but this is definitely on my watch list.
As regards CRN, their dividend is AUD 0.1075 cps fully franked, which assuming the same amount every half year gives us (0.1075 x 2)/1.60 = 13.4% fully franked. Granted that CRN has a 5 percentage point lesser yield than TER, however, I personally think the advantage for CRN is they have a geographically spread risk when it comes to govt/federal taxation policies. You only need to take a look at the recent QLD govt's royalty hike to see how TER can be affected a lot more than CRN.
I will keep researching TER, because I do like the yield and given how close I am to retirement, passive income is the way to go.
Thanks once again. Just out of curiosity, were you able to recoup your entire investment in CRN through dividends? That's what I presume should happen and once the dividends generated are larger than the value of the investment, your shares are then free carried.
What's your story?
- Forums
- ASX - By Stock
- CRN
- Largest Dividend You Will Ever See
Largest Dividend You Will Ever See, page-65
-
-
- There are more pages in this discussion • 45 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
TG1
TechGen Metals kicks off airborne geophys survey at Sally Downs copper play – a first for the permit
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales
Add CRN (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.38 |
Change
-0.060(4.17%) |
Mkt cap ! $2.313B |
Open | High | Low | Value | Volume |
$1.39 | $1.40 | $1.37 | $2.567M | 1.853M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 34996 | $1.38 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.39 | 4802 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | 1.380 |
1 | 727 | 1.375 |
3 | 7802 | 1.370 |
2 | 5534 | 1.365 |
1 | 4802 | 1.360 |
Price($) | Vol. | No. |
---|---|---|
1.390 | 4802 | 1 |
1.395 | 4802 | 2 |
1.400 | 40903 | 2 |
1.405 | 4802 | 1 |
1.410 | 24802 | 2 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
Featured News
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
TG1
TechGen Metals kicks off airborne geophys survey at Sally Downs copper play – a first for the permit
CRN (ASX) Chart |