UNV 0.00% 16.0¢ universal coal plc

News: UNV Universal Coal Group Says Group EBITDA Expected For Fy2018 Is A$70 Mln, page-5

  1. 6,204 Posts.
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    Agree with you steven 1459. I took a position in this stock for my SMSF some months back given the dividend yield, which in all likelihood is set to increase as tonnage ramps up. Following Shortens mooted plans to scrap refund of franking credits if looney Labor win, I have rebalanced my SMSF income portfolio to increase exposure to unfranked dividends away from franked dividends where I could identify stocks returning good unfranked divvy yields equivalent to some of the better fully franked divvy stocks I held inclusive of the franking credits. UNV seemed a no brainer in this respect. Looks like a good decision. More comfortable now with my mix of unfranked and franked dividends just in case looney Labor win ( God forbid)
 
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