what companies pay the best dividends on the asx

Discussion in 'Stocks & Derivatives' started by SilverTounge15, May 14, 2015.

  1. SilverTounge15

    SilverTounge15 Well-Known Member Silver Stacker

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    I know.... I did alright for my first day but im not celebrating feel good about it but im just here to learn.... want to buy another few thousand mts then start looking at my second stock....
     
  2. SilverTounge15

    SilverTounge15 Well-Known Member Silver Stacker

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    Thanks all you guys are helping me more than you all know... Even the guys who think im a complete idiot.... Lol
     
  3. SilverTounge15

    SilverTounge15 Well-Known Member Silver Stacker

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    Two things...
    What makes you think im not researching? Im asking questions to help direct my research, yes i do know answers to that question but im looking for what i am missing what i need to go research as its much easier to learn when u know what your looking to learn....
    Second im not exactly going to lose everything buying metcash ive just got the balls to drop money in order to force myself to learn something new... Ive got no choice now im in so its share market we are learning about and ive got lucky i bought at the low of 128.5 and mts went up 12% the very next day so i feel good and positive about my decision but who knows might drop 15% next week but i will just buy more because MTS isnt exactly going to drop to zero anytime soon.....
    Anyway back to studying the market and trying to pick my second stock
    Wish me luck
     
  4. trew

    trew Active Member Silver Stacker

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    Metcash taking a $640 million impairment on intangibles and will not be paying dividends for the next year or so.

    share price getting hammered
     
  5. mschif

    mschif Member

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    Ugly today and going forward for the holders of Metcash

    Referring to the thread header maybe the best dividends on the ASX are diversified investment companies i.e.. Argo and the like...In the case of Argo it has paid a dividend every year since 1946....safe steady reliable income and capital growth.
     
  6. whinfell

    whinfell Well-Known Member Silver Stacker

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    Metcash down 17.7%. SilverTongue15 down 17.7% in a day. :(

    Welcome to the stock market, SilverTongue15 :/
     
  7. silver kook

    silver kook Active Member

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    And no more dividends! WTF!
     
  8. phrenzy

    phrenzy In Memoriam - July 2017 Silver Stacker

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    No dividends, but my PEN shares are up over 40% from when I bought more last month. You can keep your dividends :)
     

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