DJS 0.00% $3.99 david jones limited

final dividend

  1. 853 Posts.
    I think the final dividend wont be shaved as much as the interim was:

    Interim 10.50 05/2012
    Final 15.00 11/2011
    Interim 13.00 05/2011

    I think gov stimulus will flow through DJS books and see that final div at 14c fully franked. (annual of 24.5c)

    Thats a yield of 9.6% on $2.54 per share. Recent strength in the share price seems to reflect this.

    It carries some risk, but that yield is beginning to look attractive compared to some of the over priced yield stocks. (Esp. the ones with bleak growth outlooks.)

    Bricks n clicks.
 
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