By not paying a $0.37 dividend the share price is down around $2.00. Investors not only lose the div but lose on share price.
As @ainsleym points out any potential CR will now need to be done cheaper. Personally I don’t buy for dividends but think they would have been better off to just pay it and avoid the damage.
By not paying a $0.37 dividend the share price is down around...
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Last
$6.23 |
Change
-0.010(0.16%) |
Mkt cap ! $8.226B | |||
| Open | High | Low | Value | Volume |
| $6.26 | $6.34 | $6.21 | $8.595M | 1.373M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 16409 | $6.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.23 | 153 | 1 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| YAL (ASX) Chart |