Is Rural Funds a buy?Based on a share price of $2.20, it’s trading on a FY20 forward distribution yield of 4.9%. This was a solid and dependable result. However, it’s trading at a premium of more than 25% to the underlying net asset value (NAV) per unit.
I think Rural Funds is one of the best options for reliable income on the ASX, but the current premium seems to be expensive for investors wanting strong total returns. I look forward to buying more on any material share price weakness.
===================================
exactly the point I was making its NTA is like $1.75 and its trading at $2.20
Ann: Victorian cattle property acquisition, page-30
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RFF (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.86 |
Change
-0.025(1.33%) |
Mkt cap ! $768.1M | |||
| Open | High | Low | Value | Volume |
| $1.89 | $1.91 | $1.86 | $1.951M | 1.042M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 38 | 94689 | $1.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.90 | 13893 | 3 |
View Market Depth
| Last trade - 16.10pm 25/11/2024 (20 minute delay) ? |
| RFF (ASX) Chart |
