With a fully imputed gross dividend yield of 10.4% and a 12 months TD rate of 3.7% it's surprising more people aren't buying the bank instead of depositing funds with it.
"Don't be afraid to take a big step if one is indicated. You can't cross a chasm in two small jumps." David Lloyd George
With a fully imputed gross dividend yield of 10.4% and a 12 months TD rate of 3.7% it's surprising more people aren't buying the bank instead of depositing funds with it.
Compared to a TD of 3.7% (pre tax) getting 6% pretax or say 4% after tax would be terrific
HNZ divie at least 8 cents plus imp credits this coming year - heck could pay $2 for HNZ and get that 4% return eh
What's share price today?
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
Nice bounce these last two days, people have clearly been taking advantage of the heartland being part of one of "Briscoes famous 50% off sales"... About time this bounce happened.
I think it will progress into the high $1.20's and then after a great announcement at the AGM, onwards and upwards into the $1.40's (note: this is pure speculation)
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