Just my thoughts and I might be wrong and it depends on what you estimate future dividends though when I consider a company is undervalued I go in and buy a share prior to going ex div on the belief if I hold the stock for 13 months then I will get 3 dividends and in the case of BOQ with franking credits I will get about a 13% return on my money from the dividends. I know younger generations might not consider 13% sexy though it is better than 5% in the bank which may be only 4% over the next 13 months. I consider 13% fantastic. On top of that if I am purchasing at what I believe is a good price for the share then over the next 3 years I would be hoping for about a 66% capital growth in the share. What I with Westpac I am doing with BOQ now.
BOQ Price at posting:
$6.12 Sentiment: Buy Disclosure: Held
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