EML 0.00% 97.5¢ eml payments limited

all are fair arguments but I disagree.paying a small but growing...

  1. 249 Posts.
    lightbulb Created with Sketch. 154
    all are fair arguments but I disagree.

    paying a small but growing dividend is very important.

    it shows to the market that the business is stable.

    it opens up the register to a wider variety of investors who look for a dividend as part of their investment criteria.

    it also benefits Tom and other large insiders who hold stock with a regular income stream which in turn disincentivises them from selling down their shares.

    all these are significant positives for any company and all are factors that should drive the shares higher. this in turn provides the company with a more accretive script to use when they identify the next acquisition.

    it makes a lot of sense to me and if you look at other successful growth companies on ASX, they all continued to perform well after announcing dividends.

    anyhow, we will all be the wiser on Wednesday morning.

 
watchlist Created with Sketch. Add EML (ASX) to my watchlist
(20min delay)
Last
97.5¢
Change
0.000(0.00%)
Mkt cap ! $365.7M
Open High Low Value Volume
98.0¢ 98.0¢ 94.5¢ $4.157M 4.298M

Buyers (Bids)

No. Vol. Price($)
1 14677 95.5¢
 

Sellers (Offers)

Price($) Vol. No.
97.5¢ 159788 3
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
EML (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.