what I don't get is, with the divvy now CUT IN HALF and only 2.5c for the whole year, AVJ is only yielding 4.3%, im very surprised the stock is still 54c, when it was yielding over 8% for the last few yrs the stock was around 50c-70c, you would think we would be UNDER 50c by now, I guess investors are still happy to buy AVJ even with a yield of only 4.3%??
if the stock dropped to 45c, the yield would go up, representing a better opportunity to buy in for the yield of course.
hopefully the divvy wont be cut again, and it stays at 2.5c for the whole yr for now.
News: AVJ Avjennings Enters Development Agreement With Victoria's Department Of Housing, page-6
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Last
49.3¢ |
Change
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Mkt cap ! $372.9M | |||
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| AVJ (ASX) Chart |
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