NWH is a very different beast to what it was just 12 months ago....

NWH is a very different beast to what it was just 12 months ago.
The reintroduction of paying dividends is going to send a very positive message to the market in terms of what is to come, irrespective of when or how little it is.
NWH have traditionally paid a very handsome dividend and that is the juicy bone that those chasing yields are looking for before jumping on board.
I agree with your comment re the share price appreciation being far greater than the dividend.
But at some point if they don't pay a dividend, some shareholders will have to sell to get cash. (Not me, I promise)
According to Commsec, NWH hit a high of $4.36, back in March 2012, with a market cap of $1.216b.
I wonder how that will compare after the results are released next week.
Ps, I can't wait til Wednesday. The suspense is killing me.
Pss, I wish I knew the reasons behind Wellington's buying up. Maybe that will be answered shortly as well.