ABY 0.53% 93.0¢ adore beauty group limited

dividend yield of 11%

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    Based on last years dividend declared in May this year of 5 cents, this stock is trading with current sp on a dividend yield of 11% with a p/e of just over 5.

    And if you take consensus broker forecasts of an increased dividend (avg) of 9 cents for 2013 (thanks comsec) it is trading at forecast dividend yield for 3013 of 20%.

    A stock to hold just for the dividends.....and capital upaide...as with its production profile and outlook for copper can't see much downside at current sp levels...but plenty of upside.

 
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