Did you listen to the call?
Dividend payout ratio is a temporary change while the business requires higher capex to invest for future growth.
Selling now would be selling at the lowest point in the cycle. Capital growth & yield growth very much on the agenda from here. Where as bank interest rates are only going one way from here, down.
Did you listen to the call?Dividend payout ratio is a temporary...
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 (20min delay)
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Last
$1.40 |
Change
-0.065(4.44%) |
Mkt cap ! $379.0M | |||
| Open | High | Low | Value | Volume |
| $1.47 | $1.47 | $1.40 | $491.2K | 344.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 47983 | $1.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.42 | 1850 | 1 |
View Market Depth
| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
$1.41 |
Change
-0.065 ( 3.82 %) |
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| Open | High | Low | Volume | ||
| $1.46 | $1.46 | $1.41 | 3804182 | ||
| Last updated 15.59pm 17/05/2024 ? | |||||
| AFG (ASX) Chart |