SWM hasd a net profit of $163m last earnings. Of course it should pay a dividend! And it had to raise. It will be a much healthier company after this.
There may be a risk that the market will pull the share price down to make a larger dividend yield post-raising. The market has expectations of SWM being a yield share. At least they have said what the upcoming dividends will be exactly. Tat has to help investors.
what will dividend yield be?, page-4
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Last
18.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $277.0M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.0¢ | 17.0¢ | $175.5K | 998.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 14695 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 616663 | 12 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| SWM (ASX) Chart |