Current dividends (which we know will increase) support a share price around $17/share to retirees and low income earners
(Fully franked Divi of $0.13+0.075+0.075+0.075+franking 0.1521=0.5071 @ 3% return(which you cant get at any bank = $16.90)
This is why we are seeing a re-rate and happy to just watch it clime gradually
Quarterly dividends
Great management & team
100% profit pay out
Thank you very much!
GLTAH
All IMO DYOA
Ann: Q320 Business Update Presentation, page-26
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Last
$8.75 |
Change
0.160(1.86%) |
Mkt cap ! $1.579B | |||
| Open | High | Low | Value | Volume |
| $8.68 | $8.85 | $8.63 | $940.4K | 107.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2954 | $8.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.82 | 1142 | 2 |
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| Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
| DDR (ASX) Chart |