The Lemon Fool

Just a heads up for those who favour prefs. GACB goes ex div at the end of this month.
When I checked the price on II it indicates a spread of 116/119 but when I actioned a purchase the price I paid was 116.2.
Whether the price is good value is for each to decide but for me the tiny spread and the pending divi made the decision easy.

Dicky99 wrote:Just a heads up for those who favour prefs. GACB goes ex div at the end of this month.
When I checked the price on II it indicates a spread of 116/119 but when I actioned a purchase the price I paid was 116.2.
Whether the price is good value is for each to decide but for me the tiny spread and the pending divi made the decision easy.

I hold some B, but for some reason, if indeed any reason, GACA consistently yields a little more.
Pays 1.1. and 1.7, but even though it is not as pregnant with accrued as B, it yields nearly 7% today vs 6.7% for B.
I hold a lot of A.

V8