Look at the last 2 years like my post said, it went from 43c/share, to 42c/share to 46c/share. That's barely7% over 2 years when TD money is now 5% and as a dividend play for SMSF's and retirees DDR has underperformed and management confidence has been dented.
I agree over the longer term DDR has been very successful, but it your are wondering why the SP is struggling the past 2 years it's because investors have not been rewarded with growing dividends and have suffered capital losses.
This is despite acquisitions which have seen strong revenue growth over that period and a push into new products/markets with Cyber security etc. Not everything DDR touches turns to gold unfortunately.
If you are a new investor to DDR you would want to see more evidence that they are back on track, the past is the past.
General News, page-245
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Last
$9.64 |
Change
0.110(1.15%) |
Mkt cap ! $1.739B | |||
| Open | High | Low | Value | Volume |
| $9.61 | $9.77 | $9.60 | $2.385M | 246.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 750 | $9.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
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| $9.64 | 2783 | 1 |
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| Last trade - 16.10pm 13/06/2024 (20 minute delay) ? |
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Last
$9.66 |
Change
0.110 ( 1.28 %) |
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| Open | High | Low | Volume | ||
| $9.65 | $9.77 | $9.62 | 118006 | ||
| Last updated 15.59pm 13/06/2024 ? | |||||
| DDR (ASX) Chart |