Was looking through CIP dividend returns over the last few yrs and noticed that the returns are getting smaller year on year yet the company is expanding its portfolio. Seems a bit strange and I wonder why the returns are not increasing over time?
Obviously there is growth in the stock price so that is not to be disregarded and is a preferable way to make money but the question remains
I am going to call CIP tomorrow to query IR but does anyone with knowledge have an insight they would like to share as to why?
Dividends
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Last
$3.20 |
Change
0.020(0.63%) |
Mkt cap ! $2.031B | |||
| Open | High | Low | Value | Volume |
| $3.19 | $3.21 | $3.18 | $1.744M | 545.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 15479 | $3.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.20 | 3523 | 1 |
View Market Depth
| Last trade - 16.10pm 27/05/2024 (20 minute delay) ? |
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Last
$3.20 |
Change
0.020 ( 0.64 %) |
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| Open | High | Low | Volume | ||
| $3.19 | $3.21 | $3.19 | 163066 | ||
| Last updated 15.59pm 27/05/2024 ? | |||||
| CIP (ASX) Chart |