chc,
Remember this is NZ share, price determined from a NZ holder perspective. The grossed up div yield on your 1.50 base is 4.8 %. Imho a 4.8% gross div is quite respectable wrt bank interest, or alternatives on the NZX, eg my FPA won't be paying a divi this year.
In a capital hungry industry if you have growth ambitions you can't afford to be too generous with the divi.
EL
dividend bets, page-10
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Last
38.0¢ |
Change
0.020(5.56%) |
Mkt cap ! $85.10M | |||
| Open | High | Low | Value | Volume |
| 37.5¢ | 38.5¢ | 37.0¢ | $4.86K | 13.05K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17109 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 5806 | 1 |
View Market Depth
| Last trade - 14.41pm 10/09/2024 (20 minute delay) ? |
| ECH (ASX) Chart |