Hi Guys,
based on the 9.13cent special divident, which goes Ex-Div tomorrow, I worked out the following scenarios for yield
SP Div Yield
$1.70 $0.09 5.370588235
$1.72 $0.09 5.308139535
$1.74 $0.09 5.247126437
$1.76 $0.09 5.1875
$1.78 $0.09 5.129213483
$1.80 $0.09 5.072222222
Quetion,
What is an acceptable level of yield? I am pretty sure 5% + the additional franking component is pretty good, just wanted to get an opinion?
Cheers
Mayo
Add to My Watchlist
What is My Watchlist?