Divvy cut actually great news as far as I am concerned. As Wazz says, there are no bank accounts paying 15% but FXL can invest retained earnings at this rate. I would prefer share price goes up with lower divvy than share price stays flat with larger dividend. I can always sell some of my holding at the higher level if I need income. This addiction to divvies seems be a strange and uniquely Australian condition.
Ann: Results Presentation 31 December 2016, page-19
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Last
82.8¢ |
Change
0.008(0.91%) |
Mkt cap ! $408.1M | |||
| Open | High | Low | Value | Volume |
| 80.5¢ | 83.5¢ | 80.5¢ | $47.57K | 57.77K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 12195 | 82.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 83.0¢ | 8585 | 7 |
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