Another great result from BWP. The divs just keep slowly gaining higher and no dilution with the DRP as they buy on market.
16.37c for the this and the previous div. The current div is the interim. Generally lower than the final in June, but it is higher than the previous distribution. Current yield is about 5.3%. Better than any bank! Pretty low risk, just check out the HC chatter. No one is talking about it. Must be a pretty boring, reliable stock. Buy it now, reinvest the divs and forget about it. Come back in 5 years w a share price near $6 and a very handy yield along the way.
So glad I started buying around $1.80.
Go Team.
IMHO, DYOR blah blah blah
Ann: December 2015 Distribution estimate, page-2
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