pinto writes: TWO - about 2.4% plus franking IMD - about 0.85% plus franking
am I missing something?
MM. Well.... yes and no. This is my forecast.
TWO. Didn't pay a div in past 12 months. I anticipate a 8c final div in august based on exc interim release in Feb. If TWO then continue with divs eg. 4c interim that makes 12c+ffr credits over next 12 months=10% with SP @ $1.60.
IMD. No way will IMD pay as high a div as others in list. But anticipate a big jump in divs starting in august. Hence, agree that strictly speaking it misses the 10% criteria. However, (despite not holding) am very bullish re IMD. It needs to fall below 1.84 before I'll buy, and concede that's unlikely.
