CBA 0.41% $136.19 commonwealth bank of australia.

CBA TA update, page-1057

  1. 2,027 Posts.
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    Let's face it, if you do not sell now, you will kick yourself for being too greedy when the price reverses.

    I have drawn two trendlines on my chart, one from 16 May 2024 which has been broken & the other from 6 June 2024 & that touches today's top.

    The dividend yield based on today's top of $137.53 is 3.38% after allowing for a 10-cent rise in the final dividend & grossed up the yield would be 4.83%.

    It is not worth the risk as the share price could easily slide back to $120 or lower.

    I have been selling, investing proceeds @ 5.15% at call, interest paid monthly which calculates to 5.57%, with the intention of buying back in at a much lower level.

    If you do not sell now, when will you sell?
 
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