Australian (ASX) Stock Market Forum

Strong Dividend plays for this month

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skc said:
But seriously, MND is not in a sector where you should imply that dividend stability (and growth) in the past 10 years will translate well for the next 10.
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Yes I agree after further researching mining/construction/engineering companies that there is still trend down. Thanks skc for the insight. It is too good to be true.
 
Wysiwyg said:
Yes I agree after further researching mining/construction/engineering companies that there is still trend down. Thanks skc for the insight. It is too good to be true.
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But looking back at a purchase of 10000 MND shares in 2005 for 20k would mean a this year dividend of $12600 bucks (63%) plus the franking credit calculations. Long term holders would be sitting on a massive free carry. Nice dreams anyway.
 
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