Agreed. I bought more today at 70c for the divvy, that is a 10% dividend yield when taking advantage of the full franking as I can. Also have a major shareholder on the register with nearly 50% I think, after an attempted takeover a while back, so good support there. Am just in it for the dividends. Well managed company. Why anyone would sell at 68.5 c a short while back beats me, maybe they reckon they can get a better dividend elsewhere..... yeah, pretty hard to find one.
PGR Price at posting:
68.5¢ Sentiment: Hold Disclosure: Held