GDI 1.72% 57.0¢ gdi property group

Ann: Chairman's and Managing Director's AGM addresses, page-3

  1. 7,302 Posts.
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    GDI will pay a 2.5c dividend in 7 odd weeks (ex dividend, not payment date), and a 5c dividend for FY24 (but not paid out of profits, they are subsidising the dividend which I don't like), its a 9% yield, the market seems stronger in Perth.
    I could be wrong, and I would like to see their Dec half year earnings report due out in Feb next year. (At least financials don't lie!)

    But at 54c, and a 1st position, my capital at risk is not too great, and can assess further.
 
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