In the FY19 forecast there is a section stating that IAG will be reducing the fully franked portion of the dividend... Also on same slide mention of a 2.4% share consolidation - overall IMO a good result, not sure why the SP has been thrashed...
Clearly expecting more, but SP will not drop much more on a stable 34c dividend - surely no lower than $7???
Ann: IAG FY18 Market Presentation, page-5
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Last
$7.05 |
Change
-0.070(0.98%) |
Mkt cap ! $16.71B | |||
| Open | High | Low | Value | Volume |
| $7.02 | $7.07 | $7.00 | $25.92M | 3.723M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 167448 | $7.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.06 | 16864 | 1 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| IAG (ASX) Chart |