If you look back to 2003 (when I first bought in), yes there were 3 years in which special dividends were paid out, and yes shareholders had the option of participating in a "bonus" share issue. For the years where there was no bonus share issues (no special dividend), over the entire period, the dividend yield has averaged about 3.1% (basic dividend, excluding imputation credits). If you had never participated in the bonus share issues, but rather had just taken the special dividend as cash, then the geometric average dividend yield over the entire period will have been about 4.7% (6.7% grossed up), even after the dilutionary effects of the "bonus" share issues. Now a 6.7% grossed up yield, for a high ROC business, with a phenomenal moat, doesn't quite seem so pricey.
- Forums
- ASX - By Stock
- ARB
- Ann: Half Yearly Report and Accounts
Ann: Half Yearly Report and Accounts, page-15
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ARB (ASX) to my watchlist
|
|||||
Last
$41.32 |
Change
-0.600(1.43%) |
Mkt cap ! $3.401B |
Open | High | Low | Value | Volume |
$41.92 | $41.95 | $41.06 | $4.443M | 107.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 486 | $41.15 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$41.32 | 207 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 486 | 41.150 |
1 | 608 | 41.110 |
1 | 420 | 41.040 |
2 | 291 | 41.030 |
1 | 816 | 41.020 |
Price($) | Vol. | No. |
---|---|---|
41.320 | 207 | 1 |
41.340 | 420 | 1 |
41.390 | 420 | 1 |
41.430 | 528 | 1 |
41.440 | 420 | 1 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
Featured News
ARB (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online