Given NHC has gone ex-dividend, I bought more today as it has good growth prospects and had fallen more than the dividend plus franking credits allowance. I retain a far larger holding in YAL. While many of us may not like mainland Chinese communist majority ownership, my suggestion is that these Chinese companies need dividends so the current generous distribution policy should continue for the foreseeable medium term.
I share your sentiments.
YAL has been 50 per cent higher yielding than NHC, so that may account for some of the performance differential.
Ann: Company presentation, page-428
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Last
$6.23 |
Change
0.030(0.48%) |
Mkt cap ! $8.226B | |||
| Open | High | Low | Value | Volume |
| $6.25 | $6.30 | $6.21 | $6.459M | 1.034M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7401 | $6.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.24 | 5076 | 3 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$6.23 |
Change
0.030 ( 0.44 %) |
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| Open | High | Low | Volume | ||
| $6.27 | $6.30 | $6.21 | 120318 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| YAL (ASX) Chart |