NGI 1.25% $2.02 navigator global investments limited

i'm surprised there is no movement in sp

  1. 1,015 Posts.
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    HFA's sp is still around where it was at the end of last December. Yet in the 1st 3 months of this year, AUM in USD has increased 6%. Additionally at current exchange rates, the AUD has fallen also about 6% , meaning AUM in AUD terms are up about 12% in just 3 months.

    If they can maintain their USD0.06 dividend this current year and the exchange rate averages 96 cents, then that gives a dividend yield of 7.4% at AUD0.85 sp. That's better than the big banks (if fully franked)
 
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