Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.
Hi guys Your thoughts on fid Pays a good fully franked div the has been increasing year on year Thanks Tony
Hi Tony,
We are not very familiar with the $238mn financial planning business, it’s too illiquid for us having only traded 21k shares on Friday. However, its dividend has been steadily rising over the last 5-years and the stock looks good around $7.50 – its forecast to yield over 5% fully franked in 2024.
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