RE: More to the point9 Nov 2022 21:16
nc
''IF they had raised the dividend instead to a greater level, then the share price would have risen as investors scrambled for a better yield''
I have already said, they have a progressive dividend policy.
Based on your always had theory, they need not pay as much as a 1.6p final as you have always said that the dividend paid is based on the share price and that it would never be more than a 5% yield
, the excess of shares in issue would not then matter, as, as with anyt