Yip, that's right, 7% after tax, so roughly 10% before tax. Quite incredible really.
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Yip, that's right, 7% after tax, so roughly 10% before tax. Quite incredible really.
That what u said too on FRE...but sp been up since your last post 80c....
maybe peat has a different time horizon than you have? I can see where he is coming from.
HLG has made this dog quite fat with its XXXXXL dividend feeds over the years. Very interested in adding even more after today's remarkable revelation about how resilient they have been in extraordinarily difficult circumstances. Sales up ~ 11% year to date (with the benefit of a much better exchange rate than last year)...considering lockdown's on both sides of the Tasman...I struggle to get my head around how good that is in the circumstances.
Yes, just on 10% gross yield at today's close of $5.55 and 24 cents of that back in just on 2 1/2 months just in time for Christmas shopping :)
Disc: Topped up twice today and probably haven't finished yet. Where else can you get an extremely resilient 10% yield !
As i have said before MR B has made off with the money.... lucky we got a few at 4.01 but its still gnawing us to the bone to see how good this company really is.... (not nearly enough as usual)... sometimes a balance portfolio just cant compete...
Excluding HLG I had a pretty successful day on the NZX.
Including HLG, well, I have decided to treat myself to a bottle of wine this weekend.
12 month compound buy and hold return 2.89% :mellow:
6 month compound buy and hold return 117% ;)
Same here. My portfolio being overweight in HLG and OCA is really starting to pay off. OCA has plenty of scope for medium term capital growth still i reckon, while this one i suspect will back off somewhere just north of 6 bucks in the short term, so I'll just have to be content with those juicy dividends going forward and wait for people to get tired of sub 1% returns on their TD's for more SP appreciation...I'm in no hurry, not selling either stock as the tax bill will be horrendous.