I think it's a good step as it reduces the 'seasonal' discount we suffer with the annual distribution. Biannual (and increasing) fully franked dividends can be more attractive to investors than the yearly drop. This aligns with WAM capital who somehow trade at a premium to their NTA.
News: HM1 Hearts And Minds Investments Says HY Fully Franked Dividend 7 AU Cents/Share To Be Paid..., page-5
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Last
$2.61 |
Change
0.010(0.38%) |
Mkt cap ! $597.6M | |||
| Open | High | Low | Value | Volume |
| $2.59 | $2.61 | $2.59 | $250.5K | 96.28K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3810 | $2.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.62 | 12649 | 4 |
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| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| HM1 (ASX) Chart |