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
Paying a big divident does not necessarily SP go up and stay lot...
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17.5¢ |
Change
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Mkt cap ! $269.3M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.0¢ | 17.0¢ | $601.8K | 3.437M |
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| No. | Vol. | Price($) |
|---|---|---|
| 32 | 1677603 | 17.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 98105 | 2 |
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