HNZ and PGW dividends are in my bank account very happy but I don't know where to invest the money in. NZ shares a I think is fully priced IMO. Just let it sit in the call account and wait........earning peanuts
Printable View
When all else fails just put it back into the company's it came from, both of which are excellent high divvy payers so even if you get no capital growth an average gross divvy yield of about 13% for those two is far better than 3% in a call account or you could buy say Genesis with a 11.5% gross divvy yield for some diversification
Still good opportunities in a sideways market. I still like GMT at $1.07 paying a fully taxed PIE return of 6% net which is 9% gross for anyone on a 33% tax rate. Shares don't have to go up for shareholders to get satisfactory returns :)
LOL LOL Much egg on face and one must always remember to laugh at oneself from time to time.
You can keep your $2 mate as I was wondering why my HNZ divvy didn;t come through to my account yesterday and then I got my electronic notification by e.mail and it appears I have forgotten that I did sign up for the divvy reinvestment scheme but have forgotten. LOL I suppose you're entitled to the odd forgetful matter as you get older :D Upside is I have more HNZ shares now.
HNZ seems to have heavier volume today. Percy and Roger, you two stocking up for Christmas?
The last time it had decent volume was in beg Sep after which it climbed from the 93-95 range to the $1 range. The big volume day before that was in early July when it left the 85-90 range. An early Christmas present coming for us holders?
Guilty as charged, I did buy some more this morning :)
No, I have not brought any more for awhile,although I did get more via dividend reinvestment .
Am looking forward to reading the agm presentation on 31st of this month.
Could say, I am holding myself at the ready for breaking news!!
I looked earlier today, and noted solid depth on both the buy and sell, which I think is positive.
Roger's buying may be the buy signal, the market has been waiting for, to confirm the share price upward trajectory !!!! lol.