why mts price did not follow 2 bad ratings?, page-13

The dividend is unlikely to stay at 8.6% ,however it seems to be a dividend of around 20 cents which would be a dividend yield 6.5 % or 9.2% grossed up.
This level of income return is very attractive given the level or dividends of traditional dividend stocks such as the banks , Telstra etc has fallen as SP have increased .
Further the dividend allows one to buy and hold with not only zero opportunity cost relative to cash returns, but even if one borrower money they would be positively geared
The business is going through a rough patch yet it's earning are still significant . Importantly it's a recession insulated sector and its not a sector in structural decline

Great buy . I now have 60k units which will form a core part of my portfolio for years