HI denny, I have held 10,000 of this stock for 3 years in my SMSF for the dividend yield. I have applied for 20K of new stock but don't expect to receive my application. More so I feel I will not get much of a additional supply.
CDD is one of those companies whose REO has grown each year. Yes there has been aquisitions, one of which aided the Gulf of Mexico oil spill. Being a environmental engineering firm in this world I feel there could be a great growth story ahead.
Whatever I will be a long term holder for our SMSF.
Regards a13
PS Today bought 11000 IPL. I believe in the fertiliser for crops and explosives for mining are a given.IPL is like the MND of the iron ore industry.Picks and Shovels mate.
Dividend not that great however with franking credits and the possibility of further interest rate cuts, the return may be acceptable.
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6 | 80662 | 0.300 |
1 | 115 | 0.295 |
1 | 3570 | 0.280 |
Price($) | Vol. | No. |
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0.330 | 20000 | 1 |
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