ABP's dividend has been cut in half already so 'should' be fairly safe, but the massive yield is a result of the incredibly low share price which is not at all reflective of the profits that they continue to make. The market has effectively priced bankruptcy into the equation for the majority or reits, so if they dont go broke they will be valued much higher post recovery and in fact will end up paying higher dividends than they are now, meaning that the current share price of 21.5c 'may' end up purchsaing you annual dividends of 13-14c as they have paid until this year.
There is still risk, so keep researching, but there is lots of upside in a lot of reits.
i luv reits, page-28
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ABG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.22 |
Change
0.010(0.83%) |
Mkt cap ! $1.090B | |||
| Open | High | Low | Value | Volume |
| $1.21 | $1.23 | $1.21 | $511.9K | 419.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2912 | $1.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.23 | 5623 | 3 |
View Market Depth
| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| ABG (ASX) Chart |