IFL 4.80% $3.17 insignia financial ltd

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  1. 163 Posts.
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    Bought in 6 months ago at $3.66, so I've taken a hit, but I've been rewarded with TWO x 11.5c fully franked divs since then. I'm not so hot on tech details, but these guys have a reputation for paying reliable divs, and Morningstar (FWIW) has the stock undervalued with a target SP of $4.44. IOOF is now the 2nd largest fundie in Oz behind AMP...GLTA.
 
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$3.17
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