Still a 7.2% yield being paid with the share price at 48.5c, with a week remaining until the ex-date
I was looking at the other company our new Non-Executive and Independent Director (Raymond Lim) is on the board of, Wonhe Multimedia Commerce Ltd (ASX: WMC). They are also paying a decent dividend (but lower than WQW) and have a good cash position, but must admit I prefer the business model and sector that WINHA is playing in.
It is interesting how undervalued these Chinese companies on the ASX appear to be, though do worry with fewer local (Australian) investor roadshows and marketing, will their share prices ever reach fair value? I guess if you are prepared to hold for income over the medium-long it wouldn't matter too much, but it would be nice to see an increasing share price also
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