Came across an interesting take on viewing divvies.
Taking CSL as an example - lousy divvy great growth. Shareholders can always pay themselves a "divvy" by selling a small portion every year. This "divvy" is essentially taken out of SP appreciation. Stock goes up $1.00 and you sell 5c worth for a 5pc "yield".
That then becomes your cashflow based return, as a shareholder looking for some cashflow. Just a different take on viewing divvies.
$3 club?, page-18
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Last
2.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.241M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 374184 | 2.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.6¢ | 42000 | 2 |
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| Last trade - 16.12pm 19/11/2024 (20 minute delay) ? |
| ZNO (ASX) Chart |
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