Bernd Struben / The Motley Fool
This expert sees a long run of earnings growth ahead for this top ASX 200 share.
The CSL share price is up 0.6% in afternoon trade today, currently at $310.26 a share. While that’s down a touch since the stock hit a new record closing high of $312.15 on 23 July, it still sees CSL shares up 18.1% over the past 12 months. Or more than twice the 7.5% gains posted by the ASX 200.
Atop the potential for share price gains, CSL also pays two annual dividends. Over the past 12 months the company has paid out a total of $3.81 in dividends. At current prices, that sees CSL shares trading on a partly franked trailing dividend yield of 1.2%.
And according to Tim Sullivan, director at Integro Private Wealth, this ASX 200 share should be able to keep on outperforming “long into the future”.
