GRR 3.64% 26.5¢ grange resources limited.

Issues with GRR, page-15

  1. 12,265 Posts.
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    I have to disagree, GRR is a good long term dividend play, especially if you bought in years ago and averaged down when it was 8c to 9c in 2014. More than this amount has been paid out in dividends over the years. The capital gain is rather good too over a long period if you had the cash to average down when it was super cheap.
    Grange dividends for me is now double the aged pension even at 1c, so I'm happy. I'd prefer GRR to be more like OMH which went from 8c to 9c to $1.30+ and now paying 5c divi annually. However you don't make these sort of returns by jumping in and out like most traders do, as they always miss the big increases. Good increases for GRR are yet to come, I'm very patient.

    Obviously its good to take profits and you can't go wrong taking profits, although I've learnt that sitting on companies like GRR and OMH give good overall returns, and the dividends are the cream on the cake.
 
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