ALD 0.81% $39.79 ampol limited

dividend yield play (unconcerned with daily prices, page-2

  1. 400 Posts.
    Hey Bonks, I'm not sure if you have seen the CTX announcement of the 7/6/02 but here is a line from it: "The need to conserve cash to achieve the targeted debt reductions will impact on the ability of the company to pay dividends."

    Given this, I think they may forego the next dividend, like they have the last two, which doesn't make it such a great yield play!

    Only trying to help.
 
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