Especially at future dividend pay out relative to price paid.
Lol this looks like being a 20-30% return, given both dividends and future increase to intrinsic value of the underlying business.
Not bad in the current environment.
And even with the share price at $2.30, given future dividend expectations, this will be an 8% plus dividend with most of the tax deferred (great for those on higher tax rates) and that dividend to increase 3-7% p.a in the future.
I am a happy chappy
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Especially at future dividend pay out relative to price paid.Lol...
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