DDzx,
You wrote: "So when the dividend yield is 7%, there is demand. When the dividend yield is 5%, there is supply."
I think you meant to write that statement the other way round. If you didnt, then allow me to give you a lesson in FA.
If there is over supply of a stock, the share price falls and the dividend, as a percentage of the prevailing stock prices, rises. When the stock price goes up (E.G, there is demand), the dividend, as a percentage of the prevailing stock price, falls.
DDzx,You wrote: "So when the dividend yield is 7%, there is...
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Last
10.0¢ |
Change
-0.005(4.76%) |
Mkt cap ! $326.5M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 10.0¢ | $82.88K | 825.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 108 | 12675548 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 7509058 | 43 |
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| Last trade - 11.35am 09/07/2024 (20 minute delay) ? |
| PEN (ASX) Chart |