Quote Originally Posted by Joshuatree View Post
CTX (Caltex) and VEA (Shell ) on the ASX at 1 year lows (listing low for VEA from july) .
CTX PE 9.55 D/Y net 4.37% ( source ASB)
CTA Yield hardly impresses at all. In my opinion if ZEL can start to look like it can deliver on fully imputed annual dividends of 50 cps + it will recover to trade based on yield which should hopefully see a good share price recovery over time.