BCI 2.22% 22.0¢ bci minerals limited

Hi boydie63, yes the attractive fully franked divvies will...

  1. 696 Posts.
    Hi boydie63, yes the attractive fully franked divvies will appeal to SMSF'ss but also to almost anyome else who is seeking a decent income as bank deposits and other traditional forms of "safe" income have been trashed by the hopeless central bankers. Those franking credits help everyone with either a reduced tax bill or a refund, both of which are great.

    It is looking increasingly likely that BCI will pay two solid dividends in FY2014. If, say they are two 30c dividends then this represents 12.5% FF or 17.86% grossed up, based on a $4.80 SP.

    That is good investing by any measure.
 
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