I think that management will be aware of market psychology and the additional benefit granted by getting the dividend above $1.
They can afford to do it whilst keeping plenty in reserve, it will lower cash balance which should effectively ease buy back prices and it looks excellent from a sentiment point of view and will be sure to generate plenty of positve news articles - i.e. "WHC pays larger 6 monthly dividend than the shareprice as of 3 years ago".
HY23 Dividend Predictions for 16th Feb?, page-9
Add WHC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$8.68 |
Change
-0.035(0.40%) |
Mkt cap ! $7.278B | |||
| Open | High | Low | Value | Volume |
| $8.75 | $8.77 | $8.67 | $9.424M | 1.081M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 16255 | $8.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.68 | 19274 | 17 |
View Market Depth
| Last trade - 12.07pm 11/07/2024 (20 minute delay) ? |
| WHC (ASX) Chart |