AFG 2.04% $1.44 australian finance group ltd

what's going on?, page-39

  1. 824 Posts.
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    Agree, I purchased more shares yesterday at a slightly lower price than at the close of the day,
    A portion of my portfolio is dedicated to defensive earnings counting on franking credits, adding up the two dividends for the year
    6.6c +4.1c =10.7c, If we add the frankings the sum is around the 15c PS, with an Average purchase under $1.80 my yield
    is somehow okay at 8%.

    As you pointed out there is hope that SP will go up as conditions improve over time.
    SP is near its bottom and I prefer to add shares to my portfolio at these low levels.

    Even defensive can be a Risky business
 
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