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.
- Forums
- ASX - By Stock
- DJS
- final dividend
final dividend
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DJS (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online