More likely it's due to their history of 'dividend smoothing', meaning they always keep a float of cash to continue dividend payments at a constant rate during market downturns, whereas ETF distributions will fluctuate with the market. With so much volatility and speculation around a market crash, it makes sense for those who are perhaps coming towards retirement to shift their holdings into AFI, therefore locking in a continuous and reliable income stream.
record high?, page-13
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Last
$7.46 |
Change
0.030(0.40%) |
Mkt cap ! $9.336B | |||
| Open | High | Low | Value | Volume |
| $7.47 | $7.49 | $7.43 | $2.953M | 395.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6719 | $7.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.47 | 5130 | 2 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| AFI (ASX) Chart |