Previous close | 15.02 |
Open | 15.04 |
Bid | 14.70 x 54400 |
Ask | 15.43 x 52300 |
Day's range | 15.02 - 15.40 |
52-week range | 8.10 - 16.03 |
Volume | |
Avg. volume | 358,114 |
Market cap | 1.301B |
Beta (5Y monthly) | 1.36 |
PE ratio (TTM) | 14.95 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 0.70 (4.55%) |
Ex-dividend date | 04 Mar 2024 |
1y target est | N/A |
Amidst a cautiously optimistic backdrop in the Australian market, with the ASX200 poised for growth following positive global cues and key economic data on the horizon, investors are keenly watching how different sectors respond. In this environment, understanding what constitutes a strong dividend stock becomes crucial, especially considering current fluctuations in commodity prices and broader economic indicators.
Amidst a challenging day for the ASX200, which saw a decline of 1.1 percent across all sectors, and rising living costs impacting households, investors might find solace in dividend stocks that can offer potential income stability. In this context, exploring strong performers like Nick Scali among others becomes particularly relevant as they may provide a cushion against market volatility and economic pressures.
The Australian stock market recently showed a positive trend, with the ASX closing up nearly 0.9% as every sector turned green, highlighted by a standout performance in real estate. Amidst these broader market movements, understanding the characteristics of strong dividend stocks becomes crucial, especially in an environment where sectors like nickel face challenges and telecommunications show robust deals and expansions.