I welcome the dividend as it will attract new group of shareholders who aims to hold shares with the potential of dividend payout as income, rather than just being speculative even though WDS is not.
This is a turning point after 2 years of gloomy period, the last it gave out dividend was in October 2009.
I bet this coming week will see more exciting movements for this company because there could be people like me who only have time to view news and information during the weekend. Honestly I didn't realise WDS is giving out dividend until reading post on Hotcopper website today.
WDS Price at posting:
74.0¢ Sentiment: Hold Disclosure: Held