If WAM drops the dividend payment, me thinks a good chuck of his loyal shareholder base will all of a sudden be like "WTF just happened" as they will be used to a fixed $X amount arriving every 6 months.
And any excuse being "the 10%+ yield isn't sustainable bla bla bla especially vs what the market delivers".
Yeah that 10%+ is based on the current collapse of share price ~$1.55 vs when it was north of $2.40.
If WAM drops the dividend payment, me thinks a good chuck of his...
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Last
$1.50 |
Change
-0.010(0.66%) |
Mkt cap ! $1.664B | |||
| Open | High | Low | Value | Volume |
| $1.52 | $1.52 | $1.50 | $1.120M | 743.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2243 | $1.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.51 | 9176 | 1 |
View Market Depth
| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| WAM (ASX) Chart |