There aren't too many stocks with 10%+ growing profits and dividends.
DDR has been undervalued for too long - it's still only at a 5% yield.
Investors pay for certainty of cashflows and the reliability of the quarterly dividend is a real feature driving the price up.
Self funded retirees in particular will be attracted to DDR with these fundamentals, more so given that yields on fixed interest and cash are poised to decline throughout the year.
There is every chance this gets to $5 in that environment.
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 (20min delay)
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Last
$7.82 |
Change
-0.030(0.38%) |
Mkt cap ! $1.413B | |||
| Open | High | Low | Value | Volume |
| $7.85 | $7.93 | $7.81 | $11.42M | 1.459M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 19701 | $7.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.83 | 48823 | 2 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| DDR (ASX) Chart |