Been a great stock for me, the divs just keep rolling in.
Part of the reason the divs are so high is the market expectation that MTS will be "collateral damage" in the price war between Coles and Woolies. But so far that hasn't happened and they're meeting their targets to EPS growth despite very difficult market conditions.
I see it as a slightly risky stock because if they do struggle to keep earnings growth as forecast or they start losing market share then the SP could fall.
But for the moment the div yield balances that. I'll be looking to exit if I see signs of declining market share.
Been a great stock for me, the divs just keep rolling in.Part of...
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Last
$3.56 |
Change
-0.030(0.84%) |
Mkt cap ! $3.907B | |||
| Open | High | Low | Value | Volume |
| $3.58 | $3.60 | $3.55 | $9.999M | 2.796M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 39092 | $3.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.58 | 67079 | 8 |
View Market Depth
| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| MTS (ASX) Chart |