DRP = Dividend Reinvestment Plan. Instead of receiving cash dividend you can opt to receive dividends in the form of shares to the value of the cash dividend as stated in the announcement at the start of this thread. This could be good or bad depending on the share price performance following the calculation period for the DRP pricing. At the moment you could buy the shares on market for less than what you are getting them in the DRP but the dividend is not paid for another week. We will have to wait and see if it was a wise decision or not to opt in for the DRP.
Hope that helps.... if not, have a read of the announcement.
Ann: Update - Dividend/Distribution - ELD, page-4
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Last
$8.03 |
Change
0.030(0.38%) |
Mkt cap ! $1.263B | |||
| Open | High | Low | Value | Volume |
| $8.00 | $8.11 | $7.96 | $1.726M | 214.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1762 | $8.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.05 | 1708 | 1 |
View Market Depth
| Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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Last
$8.05 |
Change
0.030 ( 0.67 %) |
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| Open | High | Low | Volume | ||
| $8.01 | $8.11 | $7.96 | 73183 | ||
| Last updated 15.59pm 17/06/2024 ? | |||||
| ELD (ASX) Chart |
