MTS is forecast to yield 7% fully franked over the next 12 months, which combined with the stability from its business mix should be supportive with rates set to fall in the coming quarters. The stocks still trading ~10% cheap compared to recent years with a recovery from its hardware business required to deliver a revaluation and push the stock up towards $4. MTS will report its FY25 results on the 23rd of this month which should prove very interesting after they downgraded guidance for FY25 in October, with the stock not surprisingly lagging since.
- We can see MTS surprising on the upside in this coming result. It’s inexpensive and offers an attractive yield, making it an ideal holding in our Active Income Portfolios.
MM is long and bullish MTS for yield
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