my calculated duess is that it would pay 5c a share to keep the long termers happy, but it wont be until min 70c a share, so if you want it now I dont think so but if your prepared to wait a year then possible, once we are in the asx300 then they will have to a pay a div to keep the fundies and retirees happy to buy in, so my advice would be to buy early rather than later as you will increase your cap value which then you will be getting a 15% on your div based on your entry price not to mention the cap ret, so all the best on your adventure to wealth building.
will swm become a dividend paying stock again ?, page-2
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Last
18.5¢ |
Change
0.005(2.78%) |
Mkt cap ! $284.7M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.5¢ | 18.0¢ | $289.5K | 1.590M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 55000 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 138521 | 5 |
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| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| SWM (ASX) Chart |