ORI 1.38% $17.87 orica limited

dividends

  1. 577 Posts.
    hmmm i guess no one really follows this stock, but today represents a good buying opportunity imho.

    Stable business with stable dividends, and it's going ex tomorrow. SP have dropped from 22.23 to 20.3 in less than 3 weeks. 52 week range is 17.47- 24.85.

    If you buy today in 12 months time you'll be looking at $1.35 partially franked divvy, that's almost 10% when you take into the franking credits. Not too shabby for an ASX 50 company.
 
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