I genuinely applaud you astute investing and no doubt in your case it is advantageous to hold and reap the dividends here.
However your initial comment, "With 60.4c per share of retained earnings, future dividends are ensured. A whole lot better than term deposit bank interest" only really applies to you and your situation. Any one that has bought in in the last three years is down on their total return and having 60.4c in retained earnings to pay dividneds doesn't really help if the SP is falling at a higher rate than the dividend payout.
I'm sure you will agree with my analysis here. Right now, it would be more astute for an investor to put their money on bank deposit than buy WMI shares.
I genuinely applaud you astute investing and no doubt in your...
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Last
$1.54 |
Change
0.015(0.98%) |
Mkt cap ! $426.3M | |||
| Open | High | Low | Value | Volume |
| $1.51 | $1.57 | $1.51 | $693.2K | 449.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 69904 | $1.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.56 | 39884 | 2 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| WMI (ASX) Chart |