Issued at 4.4%. Yield now 3.15%
Although I have a reasonable assortment of bonds (for reliable income), I didn't take up any of these. Many I have are at higher yields than this - some much higher, although of course they are slowly maturing.
IPL shares as at Friday paying 4.93% gross (on a falling share price of $1.79). NTA $2.20.
I may have moved too soon, but bought a few shares this week at $1.78. I don't see why these won't be a consistent okay dividend payer with the great tenants they have, and hopefully once markets settle down the gap to NTA should reduce (hopefully with an increased share price-not a falling NTA.....).