If you estimate the final dividend to be $2.50 (a 10-cent increase after the interim increased 5 cents) then the annual dividend would be $4.65.
On today's high of $130.94 the yield would be 3.55% & grossed up, 5.07%.
An incentive saver account at St George Bank, as previously mentioned, offers 5.15% at call with no risk of capital loss.
I believe all good things eventually come to an end. The share price has risen $21.00 or 19.1% in 3 months since the April 19 low of $109.94.
The yield is now below the available cash rate which means that it will have to be a further increase in the next interim dividend before it would seem worthwhile holding.
There is a gap in the chart above $128.54 that would be expected to be filled.
Is this the TOP??, page-3
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Last
$143.04 |
Change
0.050(0.03%) |
Mkt cap ! $239.3B | |||
| Open | High | Low | Value | Volume |
| $144.00 | $144.00 | $143.03 | $222.9M | 1.556M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2172 | $143.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $143.05 | 2160 | 1 |
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| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| CBA (ASX) Chart |