Increased franking of the div is a good indication for the future.
With interest rates now very low, good div paying shares are looking even better.
CTN divs paying approx 8% is twice term deposit rate, and franking is extra bonus.
High yielding blue chips have been bid up, and more to follow.
Smaller companies lag blue chip SP growth by a few months typically, and market generally requires some stability in ASX100 reaching new plateau before bidding up SPs of second and third tier industrials. But it is coming IMO.
CTN could have some major growth this year.
I am a happy holder - just the usual problem that I wish I had more!
DYOR
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Last
42.0¢ |
Change
-0.005(1.18%) |
Mkt cap ! $62.71M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 43.0¢ | 42.0¢ | $112.5K | 266.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | 41.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.0¢ | 95019 | 1 |
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| Last trade - 16.10pm 27/11/2024 (20 minute delay) ? |
| NSC (ASX) Chart |
