MSG 0.00% 0.4¢ mcs services limited

How is paying a dividend wasting cash? I invested on the basis...

  1. 2,372 Posts.
    lightbulb Created with Sketch. 716
    How is paying a dividend wasting cash? I invested on the basis of this being a high yield stock as in the prospectus. The DRP means you can keep the cash if you want and the company can retain some for expansion. It is generating plenty of cash so dividends are not incompatible with expansion.
 
watchlist Created with Sketch. Add MSG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.