Someone in here said that the first dividend is due in September 2015, I am assuming they will pay a dividend every 6 months. September (Dividend no 1), March 2016 (Dividend no 2), September 2016 (Dividend no 3). This will only change if MPL only pays 1 dividend per year instead of 2.
If I feel the price is at a better entry point and I buy shares prior to exdiv then that's the strategy I will follow. Of course if I think the price of MPL is still too high then I happy to leave it alone and invest elsewhere.
And of course please remember I am not a financial adviser so please don't take this as advice. Its just what Im looking to do if MPL falls to a better entry point level price wise.
Drop in the SP, page-92
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Last
$3.81 |
Change
-0.020(0.52%) |
Mkt cap ! $10.49B | |||
| Open | High | Low | Value | Volume |
| $3.86 | $3.87 | $3.79 | $19.79M | 5.178M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | $3.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.81 | 17087 | 2 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| MPL (ASX) Chart |