By not paying a $0.37 dividend the share price is down around $2.00. Investors not only lose the div but lose on share price.
As @ainsleym points out any potential CR will now need to be done cheaper. Personally I don’t buy for dividends but think they would have been better off to just pay it and avoid the damage.
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Last
$5.18 |
Change
-0.210(3.90%) |
Mkt cap ! $7.037B | |||
| Open | High | Low | Value | Volume |
| $5.39 | $5.42 | $5.18 | $13.08M | 2.485M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 17376 | $5.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.19 | 19932 | 32 |
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| Last trade - 13.18pm 11/09/2024 (20 minute delay) ? |
| YAL (ASX) Chart |