Post by
flamingogold on Sep 02, 2021 4:25pm
Dividend under 3%
When times got rough, the yield here went through the roof as the market priced in a dividend cut... which ultimately did come about in Nov 2019.
Fast forward, here we are entering a post covid world where, as analyst Ross Healy pointed out, people are going to rush back to get their postponed elective procedures done from the last 2 years.
So, with a puny yield of less than 3%, the market is taking the opposite action it did in 2018-19 and pricing in a dividend increase.