YAL 3.44% $6.62 yancoal australia limited

Ann: Dividend/Distribution - YAL, page-5

  1. 7,279 Posts.
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    I sold 70% of the position into the open.
    FY24 profit should be ok, but FY25 is showing a decline in profits.
    And the share price has run nicely, I think it will fall heavily post dividend, so I prefer to capture and lock in some profits now.
    Since I have held the 70% for more than 12 months I can receive CGT discount.

    The remaining 30% has been held for less than 12 months, so I will squat on the 30% position, collect the dividend, and depending on future prices potentially add to the position if the share price declines enough.
 
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1 1512 $6.61
 

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