AVJ 0.00% 30.5¢ avjennings limited

at 53c and paying a 5c divvy its trading on a yield of 9.4% if...

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  1. 6,881 Posts.
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    at 53c and paying a 5c divvy its trading on a yield of 9.4%
    if it cut the divvy to 4c it would be on a yield of 7.5%
    on a divvy of 3c it would be on a yield of 5.66%
    on a divvy of 2.5c it would be on a yield of 4.7%
    on a divvy of 2c it would be on a yield of 3.77%

    as you can see a 5c divvy is better than it being cut in half but even if it did happen its still better than bank interest, and its still trading on a NTA of $1 more than 40% below book value and its a company with a long history, and during the 2008 crash it managed to pay a divvy.
 
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