i have owned FWD for 4 years, and received about $1 a year if grossed up dividends in that time. i originally paid $6 and then bought some more at $3.6 last year. i love the company but have recently chipped down at $8.25 just to pay down the margin loan.
the report was encouraging in terms of the caravan business turning around, so hopefully it will be able to sustain its dividend, but a lot depends on the renegotiation with woodside. if they were to sign on for a few more years it would support the dividend and i could see $10 being reached again.
in summary i believe FWD is a quite achiever and one of my faves at the right price.
good luck.
Ann: Half Year Report and Accounts , page-5
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Last
$1.66 |
Change
-0.010(0.60%) |
Mkt cap ! $156.7M | |||
| Open | High | Low | Value | Volume |
| $1.66 | $1.66 | $1.66 | $8.803K | 5.319K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 273 | $1.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.80 | 9151 | 1 |
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| Last trade - 10.09am 05/09/2024 (20 minute delay) ? |
| FWD (ASX) Chart |