You are on drugs I’m afraid-buy the banks. At a dividend rate of a measley 2.5% I think that works out to an implied SP of $16- ain’t gonna happen. Not to mention having to absorb all prior year tax losses before paying any tax & then to generate enough taxable profit to pay tax to allow franked dividends to be paid. Be also mindful that paying of dividends is a sign that the growth phase has ended.
You are on drugs I’m afraid-buy the banks. At a dividend rate of...
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Last
2.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $288.2M | |||
| Open | High | Low | Value | Volume |
| 2.7¢ | 2.8¢ | 2.7¢ | $89.81K | 3.291M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 7303838 | 2.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.8¢ | 4844120 | 31 |
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| Last trade - 12.14pm 21/08/2024 (20 minute delay) ? |
| SYA (ASX) Chart |