I would agree as I think that SUN's future looks good!
The dividend increases each reporting season looks to be in line with the big 4 banks!
Plus with a $0.70 a share dividend (even through we are including a special dividend) is an excellent yield and should demand a much higher price?
I think ANZ only yields $0.83 a half year and you need to pay around $32 for this yield.
However I notice the short sold report would suggests it is heavily short sold as some large investors are suggesting a huge price decline for some reason. (Not sure how accurate this report is)
The above is my opinions only and not a recommendation.
However I would like to hear any other opinions out there?
News: Suncorp hikes dividends as FY profit soars, page-11
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Last
$19.67 |
Change
0.250(1.29%) |
Mkt cap ! $23.46B | |||
| Open | High | Low | Value | Volume |
| $19.51 | $19.80 | $19.47 | $38.39M | 1.950M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 206 | $19.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.68 | 110 | 1 |
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| Last trade - 16.10pm 28/11/2024 (20 minute delay) ? |
| SUN (ASX) Chart |
