Thanks for the interesting table , it would seem that in most...

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Laverda

76 Posts.

26/01/24

12:41

Post #: 72079242

Originally posted by hudathunkit: ↑
Fair observation @FarmX. I posted the table below late last year, now updated with the Sep '23 divvie, to explore whether the DRP without discount (discounts seem to be absolutely a thing of the past) is actually good value.

People can use their own comparative date for SP in the second last column, but if you decide to buy on market around the time of the DRP allocation date, then it does appear that you will be advantaged. Of course, for many small investors, the parcel will not be viable.

Just a bit of fun, for info, DYOR & not intended as adz. Comments welcome.

Half year ended
Dividend per share (AUD) Payment date DRP price (AUD) SP Low during Dividend Payment Week Difference

30/06/2023 $2.40 28/09/2023 $101.10 $97.60 $3.50

31/12/2022 $2.10 30/03/2023 $97.37 $94.85 $2.52

30/06/2022 $2.10 29/09/2022 $96.44 $90.26 $6.18

31/12/2021 $1.75 30/03/2022 $97.95 $104.52 -$6.57

30/06/2021 $2.00 29/09/2021 $101.00 $99.62 $1.38

31/12/2020 $1.50 30/03/2021 $85.25 $85.13 $0.12

30/06/2020 $0.98 30/09/2020 $68.53 $63.56 $4.97

31/12/2019 $2.00 31/03/2020 $73.37 $57.85 $15.52

30/06/2019 $2.31 26/09/2019 $78.61 $80.88 -$2.27

31/12/2018 $2.00 28/03/2019 $73.21 $70.20 $3.01

30/06/2018 $2.31 28/09/2018 $72.05 $71.68 $0.37

31/12/2017 $2.00 28/03/2018 $75.38 $71.71 $3.67

30/06/2017 $2.30 29/09/2017 $75.73 $74.40 $1.33

31/12/2016 $1.99 4/04/2017 $83.21 $84.09 -$0.88

30/06/2016 $2.22 29/09/2016 $72.95 $72.20 $0.75

31/12/2015 $1.98 31/03/2016 $72.68 $72.60 $0.09

30/06/2015 $2.22 1/10/2015 $74.75 $70.15 $4.60

31/12/2014 $1.98 2/04/2015 $91.26 $92.09 -$0.83

30/06/2014 $2.18 2/10/2014 $80.39 $73.71 $6.68

31/12/2013 $1.83 3/04/2014 $75.26 $76.18 -$0.92

30/06/2013 $2.00 3/10/2013 $73.42 $70.77 $2.65
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Thanks for the interesting table , it would seem that in most cases you can buy shares cheaper than the DRP price, but would be difficult to buy at the lowest price in your table. I use the DRP for all of my shares as it’s easy, but think I would be better keeping the cash in an interest account and buying more on market dips.