if one was after a dividend that is more secure, consider: (a) the big 4 banks (b) telstra (c) cabcharge (but may have missed the boat on this) (d) Myer: yes thats right, myer, with burnie at the helm i have alot more confidence in myer than in DJS (e) small caps with low debt.
There is so much choice in this market for decent dividend paying stocks, why would anyone want to hold a tosser like DJS for the dividend, especially as that dividend IS going to be cut over the next few years. The historical dividend you are looking at now, is NOT going to be paid over the next few years.
DJS Price at posting:
$2.33 Sentiment: None Disclosure: Not Held
