Excellent work, I will be stocked if a half year dividend of $1.60 is declared. Based on AF's track record of wanting large dividend payouts, you could be spot on the money.
In any event a full year dividend of say $2.50 to $3.00 would be great, and they could use some cash to strengthen the balance sheet while the IO price is high by repaying some debt as a precaution should hard times hit again.
What ever the case is with the dividend now No. 6 by market cap with the best dividend yield of the top ASX 50 companies if not the market
Go back 10 years and check the financials against the financial position now.
I had plenty of margin calls to meet, impending divorce but am I glad I picked the right company to take a risk with.
Sold 50% of holdings far too soon, but I could not have imagined that the share price would be close to $24 and IO hitting $170mt so soon.
Greed killed me before, not again I am happy with the holding I have and no longer care about the sp so much, the dividend is what interests me. Even at $1.00 dividend each year I will be more than happy, there is no other investment that I could make that would give a hassle-free return, with potential for capital gains and tax effective use of franking credits
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$16.66 |
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0.360(2.21%) |
Mkt cap ! $51.29B |
Open | High | Low | Value | Volume |
$16.50 | $16.74 | $16.31 | $150.0M | 9.072M |
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No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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$16.67 | 40000 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 600 | 16.650 |
3 | 3854 | 16.620 |
6 | 123818 | 16.600 |
1 | 17431 | 16.590 |
1 | 15712 | 16.580 |
Price($) | Vol. | No. |
---|---|---|
16.670 | 40000 | 1 |
16.690 | 7146 | 2 |
16.700 | 4559 | 4 |
16.730 | 1000 | 1 |
16.740 | 12642 | 2 |
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