CCL Share Holders ?

[Johhno]

Hi all,

We have been CCL share holders (E trade) for a few years now and having been enjoying the OBC and dividends.

Not being a regular share market person I was wondering if many share holders reinvest their dividends (drip) to purchase more CCL shares?

 

Cheers

Johhno

[Kiwi Kruzer]

Hi all,We have been CCL share holders (E trade) for a few years now and having been enjoying the OBC and dividends.Not being a regular share market person I was wondering if many share holders reinvest their dividends (drip) to purchase more CCL shares? CheersJohhno

 

There is no hard and fast answer Johhno. Everyone has different circumstances and they can change year by year, Depends on many things eg....

-Share price

-Discount being offerred

-Dividend/Share ratio

-Tax situation

-Conversion rate ..etc etc etc.

[MicCanberra]

Hi all,

We have been CCL share holders (E trade) for a few years now and having been enjoying the OBC and dividends.

Not being a regular share market person I was wondering if many share holders reinvest their dividends (drip) to purchase more CCL shares?

 

Cheers

Johhno

This is a personal choice and I do not wish to sway anyone one way or the other, but we do not reinvest for more shares. As you only need 100 shares for the benefit and while the investment is sound at this stage with reasonable dividends and good share price growth, I suspect when we cannot cruise anymore we may well sell the shares.