re: latest dividend Jukes,
The 29c final dividend was the last of the dividends to be paid using a mixture of debt and cashflow. Post some June announcements they have decided to only pay dividends out of cash flow and have given guidance of a 22c full year divided (unfranked) for this current FY. It's a big reduction in dividend but a more sustainable approach IMO. The SP reflects the lower yield post the announcement - it is now a less attractive proposition to short term yield investors but more attractive to long term players like the Canadian Pension fund that has grabbed a fair chunk of the company.
re: latest dividend Jukes, The 29c final dividend was the last...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$13.73 |
Change
0.065(0.48%) |
Mkt cap ! $42.67B | |||
| Open | High | Low | Value | Volume |
| $13.73 | $13.77 | $13.68 | $5.956M | 433.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 6162 | $13.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.73 | 9363 | 14 |
View Market Depth
| Last trade - 11.04am 29/07/2025 (20 minute delay) ? |
| TCL (ASX) Chart |