Anyone picking up this share 12 months ago for $1.85 would be achieving a 10.3%, unfranked, yield at the moment. Last few days it was possible to buy in at $2.10 which equates to an unfranked yield of 9.1% as long as next June div is at similar payout ratios.
As a bond proxy of sorts this share beats bank interest hands down. Possible growth appreciation as well. Nice earner in the portfolio in lieu of banks which continue to disappoint. Will look to pick up some more in February after the predicted sell off after going ex div at the end of this month.
Well worth doing the homework on this one imo.
Anyone picking up this share 12 months ago for $1.85 would be...
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Last
82.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $124.8M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| ENN (ASX) Chart |
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