Added more prime

 Added 1000 shares of prime at 0.755 lowering g cost to 0.78. Now at 0.755 based on last year dpu of 0.068 it is trading at 9%. Based on 0.068, my yield on cost will be 8.7%.

Just checked the latest reports, the latest acquisition should contribute in 2021H2 so the dpu should be higher. Prime also has 70-80 percent of debt fixed and the term for the debt is 4-5 years and the borrowing cost is at 2.7%. 

Comments

Popular posts from this blog

50k net worth achieved

Added another 600 shares of MINT