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Showing posts from November, 2019

Why I bought Rural Funds Group shares

Rural Funds Group is a Real Estate Investment Trust (REIT) who own a diversified portfolio of agricultural assets in Australia and derive income from leasing those assets to experienced agricultural operators, Rural Funds Group offer an attractive 6.13% dividend yield. As Rural Funds Group is a real estate trust their income shouldn't be too impacted by poor performance in the agricultural sector, as tenants still need to pay rent, for this reason I feel that Rural Funds Group is a fairly safe bet with a high yield dividend payout. Here are a couple more reasons I decided to buy Rural Funds Group shares. RFF shares are trading at an almost 30% discount from its year high at $2.42 Dividend yield of 6.13% RFF has recently increased its dividend Rural Funds Group is in the top 25% of dividend payers in Australia (5.6%) Stable management with the average tenure of 9.6 years Tenants still need to pay rent regardless of an underperforming sector. Som