Dividend BWP, page-5

This is my preferred property play and a great income pay.

From the last annual report west farmers still hold about 26% of the shares so IMO rising rents should concern them much as they're getting the div back anyway.

Like for like rental growth was up from 2.1% to 2.5%. And the properties that were reviewed were up 3.8%. acquired 10 properties, would expect to see increase in divs with a reduction in spending. the yield of about 6% is pretty attractive plus the drp discount adds value add value as well

. At current prices I'm not buying but if we were to get back to 2.20 would be adding to my holdings. imo, this is a set and forget.

Not like bml, looking interesting in coming weeks.