I have quite a few. Pays regular dividends of around 18% but unfranked - best suited to a super fund. Seems to be conservatively run regards debt and divs. Main danger is weather ( needs rain or irrigation). No direct exposure to wine making - just leases out land. Has been some problems in past with lessees (Evans&Tate) going bust but seems to be over that now.
Divs are very stable, have been around 9 c for years and there is no SP appreciation likely.
CWT Price at posting:
45.5¢ Sentiment: Hold Disclosure: Held
