AJD is a high, safe dividend play in one of the zooming tech categories: The Cloud.
It plays it as a landlord, so it's REIT-like, taking risk out by limiting upside.
I used to sit on a bid of $1.29 to $1.305 for days/weeks, and they were filled.
Volumes are always low except when one insto trades with another, seemingly their own little money-maker.
Recently I doubled my position, not for anticipated capital growth (I'm surprised it's there!); partly for the high dividend -- no franking, and; but mostly because during the January pukefest AJD was beautifully stable.
In a search for yield AJD seems to be getting a bid, add The Cloud, et voila capital growth!
OV
AJD Price at posting:
$1.35 Sentiment: Buy Disclosure: Held
