RE: RE: RE: plenty of fruit and veg Billy8 Mar 2020 09:07
George, PZC have had a beating over the last 3 years and this latest hammering of the markets hasn’t really done any more damage to them.
I did read up bout them a while back and seems their business in Africa has dented the share price, but these are the sort of stock people should be looking at for LTH they’ve paid a divi since 2000 that’s 20 years and on most occasions increased their payout, at today’s price the yield is 4.56% which is a very sustainable amount.
As you well know when divi payouts get up to the 8% yield mark this is a danger zone for a divi cut.
I like PZC if they come back on track in Africa and things improve I think they’re worth a dable.