Good day to you all.
I've just invested in ANC (Angus & Coote) and noticed that there has been no chat about this company on this site and would like to bring it to peoples attention.
Studied it for a while now and noticed that it has a reasonable trading range with a 12 month low of $7.95 and a 12 month high of $10.81. Has been in the high $8's for a while. Shareholder returns over the next few years look good and the dividend is also decent at 40cps+ 100% fully franked.
I have invested a small amount to plug a hole in my trading plan with dividends being paid in July and December.
For those interested, this company will pay 40cps+ in dividends over the next 6 months with the first one (22 cents) going ex dividend on the 24th of June & paid on the 6th of July. On previous years as a guide, the December dividend should also be 22 cents.
If anyone else has been watching ANC or has owned/still owns them and wishes to comment, I'll only be too happy to read your thoughts.
Many thanks and kind regards,
Snake13.
ANC
angus & coote (holdings) limited
