Dividend received 7.06% Yield Hard To Beat

Brad Holland

Brad has over 20 years experience in the Australian and US equities and options markets. Brad specialises in equities and options for capital growth, income generation and capital protection. He also specialises in finding opportunities in small to medium cap stocks. Brad holds RG146 - Securities & Managed Investments and Accredited Derivatives Adviser Level 2 qualifications.

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June 1, 2022

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CRN.AX | High Conviction Report

On the 30^th of May, CRN traded ex an unfranked special dividend of US$0.11932343.

CRN has not announced the AUD/USD conversion rate used to determine the exact AUD amount Australian shareholders will receive. So the final dividend amount will not be known until closer to the payment date coming up on the 21^st of June.

Based on the current AUD/USD exchange rate this morning of $0.7180, the dividend amount will be $0.166.

TRADE ACTION – No action is required the stop loss, and the target price remain unchanged

Stop Loss: $1.90

Target Price:$3.00

This is general advice only. MF & Co Asset Management has not considered your personal financial needs, objectives or current situation. This information is not an offer, solicitation, or a recommendation for any financial product unless expressly stated. You should seek professional investment advice before making any investment decision.