At today's price, yield is actually 9.75% over 13-months - minimum! This does not include franking!!! Clearly a BUY at these levels for the income players.
@tomg_76 ,
I think that's a somewhat dangerous what of looking at the situation.
Because, just before the stock went ex-dividend last year, the share price was around $5.25-$5.30. Over the subsequent 13 months, 46.5cps of dividends was paid, i.e. a prospective yield of an-also seemingly attractive 9% yield.
Sure, holders got their 9% in dividends (fully franked), but they lost 25% of the value of their capital.
Which just goes to show that looking just at yield, in isolation, is not good enough. One needs to have a fundamental understanding of the determinants of the dividends that make up that yield, and the risks around those determinants.
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Last
$4.89 |
Change
-0.030(0.61%) |
Mkt cap ! $55.84B | |||
| Open | High | Low | Value | Volume |
| $4.90 | $4.91 | $4.88 | $308.8M | 65.15M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 4221629 | $4.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.90 | 170330 | 17 |
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| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| TLS (ASX) Chart |