YAL 0.91% $6.51 yancoal australia limited

I have been in YAL for some time, so any purchase I make is not...

  1. 6,333 Posts.
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    I have been in YAL for some time, so any purchase I make is not my first purchase. Bailed at $5.86 on the zero divvy debacle, will possibly re-enter when sub $5 but will hold off to see if a CR materializes ( likely for a full Anglo bid) which at the current share price is going to be under $5. You asked what divvy should I have expected with a $6+ share price, my answer is 50-60 cents per annum plus the franking credits. I would not necessarily apply a similar 10-12% divvy yield to other stocks, but when you have NPAT cash cow machine like YAL, with 1.5billion in the bank, no debt, plus huge quartery profits that they are pulling in even at current coal prices then, yeh, I would expect a 10-12% divvy yield, fully franked.
 
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Last
$6.51
Change
-0.060(0.91%)
Mkt cap ! $8.596B
Open High Low Value Volume
$6.55 $6.62 $6.50 $9.103M 1.392M

Buyers (Bids)

No. Vol. Price($)
2 13436 $6.50
 

Sellers (Offers)

Price($) Vol. No.
$6.51 42059 3
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Last trade - 16.10pm 05/11/2024 (20 minute delay) ?
YAL (ASX) Chart
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