It's just a week or so, but good to see that the share price has recovered post ex-date.
At ~6% yield (fully franked) and the business indicating growth from 1H results, you would think CLH is due a rerate from the market at some stage. Been a somewhat volatile ride since joining the register in 2015, but looks like a good decision to tough it out, and the dividends provided a margin of safety.
Incidentally, the agent forgot to send some ATO notices to my wife & she ended up getting a collection notice from CLH which was payable immediately. I should have called to see what options are available, but wife keen not to taint her credit record so did not talk to CLH collections......wonder how much ATO is adding to the bottom line, but seems like a good option as it does not add anything to the balance sheet.
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It's just a week or so, but good to see that the share price has...
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