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Hi avagadroback in 2012 WAM was paying over 10% and has done...

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182 Posts.

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08/08/22

13:20

Post #: 62985336
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Originally posted by avagadro: ↑

WAM looks like it has a bit more falling to do TBH. Could be a decent buy soon though after the next low is put in.

Finding a consistent 12% divvy play is a challenge. That's quite a high figure and while it could feasibly be achieved for maybe a few quarters as a market surprise, the market then usually corrects the share price to land the yield to around 5% to 8% fairly quickly.

That being said, the claims that WAM is bad just because it has gone down the gurgler for the last few months is a rather short term outlook based criticism to make. If you are indeed going after a play for long term dividends, you are not phased in the short term by swings in the base capital value.

But you definitely want to have confidence it will sort itself out by the time your investment timeframe comes due!

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Hi avagadro

back in 2012 WAM was paying over 10% and has done every year or there abouts, this is with franking credits
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