On the basis that WAM just announced its final dividend of 5.0c which makes it 5.0 + 5.0c = 10.0c for the year one should surmise that WAA will continue similarly & announce a second 4.0c dividend making it 8.0c for the year.
Based on the last traded price of $1.045 (up 1.5c) the yield would be 7.655% fully franked.
If the next interim dividend for the first half of 2011-12 comes in @ 5.0c then the share price should realy gain momentum.
With only about 16 million shares on issue there is a high expectation that there will be several issues, over the period, of free options on a 1 for 1 basis to enable the company to get its share capital up to its target level of $100 million.
pending dividend announcement
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Last
92.0¢ |
Change
0.015(1.66%) |
Mkt cap ! $69.86M | |||
| Open | High | Low | Value | Volume |
| 90.5¢ | 92.0¢ | 89.3¢ | $66.14K | 72.69K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1093 | 91.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 92.0¢ | 6031 | 1 |
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| Last trade - 15.58pm 09/10/2024 (20 minute delay) ? |
| WAA (ASX) Chart |