On probable $2.95 opening price total dividends due in the next two weeks on Wattyl are 46c/share or 65.71c/share when grossed up.
This equates to a grossed up yield of 22.27%.
Margin lenders will lend at up to 60% on this which equates to a possible margined grossed up yield of 55.69%
This stock has to run in the lead up to ex-divvy dates.
I'm in at $2.92
Ajax
wattyl 55 per cent margined yield
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