Updated return for current share price.
7.75 x 2 = 15.5 cents (Assumes current distribution will be maintained
Yesterday close $1.705
15.5/1,705 = 9.09 %
The dividend is fully franked, 100%. If lucky enough to get the franking as well then the dividend payment becomes 9.09/0.7 = 12.98 %
This is a very good return. Either future dividend rate will come down or the share price will rise.
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- Ann: December 2022 Investment Update
Updated return for current share price.7.75 x 2 = 15.5 cents...
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