Great yield but why does it exist?
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i would if there an opp.
i can t speak for seeweed but he may do the same as im doing
buy heaps for div dont matter the price as long as the price to get out ( the tricky bit ) is your average entry and collect the tax paid div. beats taking the capital gains and paying tax.
Morningstar has STU div yld at 9.03% at $1.44c per share. My av price was $1.328, But I was a Johny come lately, we can't complain about the yld, still heaps better than bank. Normally I would be selling down now but not in too much of a hurry with such a good yld. Looking around town, building going on everywhere, and there could be a bit of growth still left in the old steely tube:cool:
Anyone who reads the above in Blue and then the link I'm posting will be doing themselves a great service and will make a huge difference to their net worth over time.
As you progress through the article, keep coming back and re reading the blue text above and try to imagine yourself at Dassets conference and try to imagine the people there and what they are saying and the crowd hanging off their words.
https://www.oaktreecapital.com/insig...n-of-knowledge