Is AFIC a good investment?

Is AFI still a good investment?

Verdict: AFIC is a great listed investment company with a long term focus of increasing dividends to its shareholders and makes it an attractive income source for early retirement.

What dividend does AFIC pay?

AFIC will pay 14¢ per share in a fully franked dividend next month, which when combined with the February dividend brings its total for the financial year to 24¢, matching the sum paid in the prior year.

Is AFI trading at a discount?

Investors in Listed Investment Companies often talk about shares trading at a ‘discount’ or ‘premium’ to NTA, below is an explanation of what this means.

NTA per share Share price Trading
$10 $9 At a discount

What ETF does Barefoot Investor recommend?

Here’s how I’d suggest she plays: Put $25,000 in the Vanguard Australian Shares Index ETF (ASX code: VAS). Or, if she prefers a greener option, the Vanguard Ethically Conscious Australian Shares ETF (ASX code: VETH). Then put $25,000 in the Vanguard MSCI Index International Shares ETF (ASX code: VGS).

Is Scott Pape rich?

I’m Really Rich! Hi Scott, As a result of recently selling our (multi-generation) family business, my husband and I are now $34 million wealthier (after tax).

Is AFIC a managed fund?

Invest in AFIC as part of your Self Managed Super Fund. Learn more and download the AFIC Investing for SMSF brochure.

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Can you live off of dividends?

Over time, the cash flow generated by those dividend payments can supplement your Social Security and pension income. Perhaps, it can even provide all the money you need to maintain your preretirement lifestyle. It is possible to live off dividends if you do a little planning.

Does AFIC have DRP?

The Dividend Reinvestment Plan (DRP) is an easy way to accumulate more shares over time by reinvesting your dividends in additional shares. If you’re an AFIC shareholder, it’s optional to participate in the DRP. You can choose whether to reinvest all or part of your dividends in the plan.

Is AFIC ethical?

AFIC is committed to the highest standards of ethical behaviour.

Is AFI trading at premium?

As a result, when the market is under more pressure or uncertainty prevails, AFIC has traditionally traded at a premium.