Enjoyed your post, but all things equal the average historical dividend yield of 4% more or less is the overhang for a re-rating , similar the average P/E is high for a financial company apart from the % ROE which is great.
In my opinion the dividend yield is too low for the average retail investor , it needs to be at least 5% . The company is most probably buying turnover with commissions and fees, which explains the low dividend yield while the high roe and no debt with a 67% dividend ratio. In other words a lot of fingers in the pie.
Enjoyed your post, but all things equal the average historical...
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Last
$7.59 |
Change
-0.090(1.17%) |
Mkt cap ! $238.9M | |||
| Open | High | Low | Value | Volume |
| $7.57 | $7.81 | $7.50 | $77.05K | 10.04K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 900 | $7.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
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| $7.77 | 36 | 1 |
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| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$7.74 |
Change
-0.090 ( 1.31 %) |
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| Open | High | Low | Volume | ||
| $7.54 | $7.80 | $7.54 | 11541 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| FID (ASX) Chart |