Hi Boro
No offence mate, but have you any idea of what I am posting?
CBA - Original Investment $5, now $74. Dividend increased just about every year since listing.
What was the price of STO when CBA listed? How much didvidend have they paid?
Funny how dividend and capital growth were not mutually exclusive there.
Different businesses? You bet. But how much Capital have the Directors at various stages used share holders capital to destroy the same capital? Because it was easy for them to be incompetent and non -accountable by not paying out dividends and having to make hard decisions with capital?
If you guys are going to argue capital growth, why are you in a company that has destroyed capital for so long?
Now its different? yeah sure!
If you are going to argue non paying of dividends then you should point to champion companies like CSL Keeps on growing year in year out at a great rate. Funny is it not how good directors keep making good decisions?
$4.99 for goodness sake! Trebled the number of shares on hand and you guys are telling me that we are going to have spectacular growth and therefore don't want dividends.
One more. I want dividends AND capital growth.
Pear
STO Dividend, page-56
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