My feeling is shareholders are still in WAX & WMI mainly for sustainable dividends. They both seem to hold good companies and with WMI currently paying 10c in annual dividend with profit reserve of 39c and WAX paying 9.9c with profit reserve of 38c. Dividends should be able to be held for a few years to come going forward regardless of market conditions. Could be other reasons, but I think this is the main one. Cheers Riv
WMI Price at posting:
$1.98 Sentiment: Hold Disclosure: Held
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