1000 shares bought at , say, 2.73 ... total cost ,say, $2760. Dividend paid in April = $240. Franking credit = 103. Total gain = $343.
Worst that can happen is forced sell at $2.70 for $2700. And the gain is "only" $283.
No brainer if you have access to the funds.
1000 shares bought at , say, 2.73 ... total cost ,say, $2760. ...
Add to My Watchlist
What is My Watchlist?