Yes but its your reasoning of a 100% increase in dividends triggers a corresponding 100% increase in the share prices that I disagree with.
If earnings, cashflow and equity per share stay the same then doubling the dividend will have a significantly less impressive influence on the SP. Especially when you are decreasing retained earnings that can be invested at high rates of ROE.
stop buy back and increase dividend payout , page-8
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Last
$40.29 |
Change
-0.480(1.18%) |
Mkt cap ! $206.2B | |||
| Open | High | Low | Value | Volume |
| $40.72 | $40.76 | $40.28 | $74.23M | 1.832M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 6489 | $40.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $40.29 | 1667 | 11 |
View Market Depth
| Last trade - 13.00pm 02/09/2024 (20 minute delay) ? |
| BHP (ASX) Chart |