The market has not yet caught on to the fact we get 2.7 cps in September 2020 as the 2020 total dividend and will then switch to twice yearly dividend payments for 2021 FY, so there will be an interim dividend payment in the first half of calendar 2021. We do not know for how much, but if it were 1 cps we get 3.7 cps fully franked in this financial year. That is 5.3 cps gross or a gross yield of 13% at the current share price.
ASH Price at posting:
40.5¢ Sentiment: Buy Disclosure: Held
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