Paying a big divident does not necessarily SP go up and stay lot higher for a longer period.
It will go up for a short time and it dives down
For example is a stock FMG. It paid a divident of 2.11 when the SP was around $20 one year ago. The SP went up to around $25. Currently the SP is around $19.
I recon SWM should pay a divident similar to NEC. If there is extra cash available use it for M&A or reduce the debt
Good luck
Up or Down ??, page-3829
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Last
16.5¢ |
Change
-0.005(2.94%) |
Mkt cap ! $253.9M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.0¢ | 16.5¢ | $424.7K | 2.503M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 37448 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 5943 | 1 |
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