Is AFI still a good investment?
Performance of The Australian Foundation Investment Company
This is what AFIC publish as their portfolio and share price performance – ending 31 December 2022. You can see that AFIC has performed well, with the net asset share price growth plus dividends performing well over the long term.
That return includes the value of AFIC's dividends. So AFIC has paid out two dividends per year for decades now. Unlike many ASX dividend shares, AFIC didn't skip any shareholder payments during the worst years of the global financial crisis, or the pandemic. And its latest interim dividend is coming investors' way.
Perhaps the AFIC share price has been falling today partly because investors can find income from other sources? The longer-term decline can be explained by the reduction of the asset value of the portfolio in 2022.
AFIC is the largest LIC in Australia. We've been investing in Australian and New Zealand equities since 1928.
Australian Foundation Investment Company will pay dividend of 11c per share on 24 Feb 2023. The ex-dividend date for this dividend is 02 Feb 2023. The dividend amount will be paid at franking rate of 100%. Australian Foundation Investment Company is paying dividends since or before Sep 2010.
Continuing with the Australian theme, the next ETF the Barefoot Investor recommends for this Index Fund Portfolio is VAP, another Vanguard ETF which tracks the S&P/ASX 300 A-REIT Index.
|Symbol||ETF name||Annual dividend yield|
|SCHD||Schwab US Dividend Equity ETF||2.83%|
|VYM||Vanguard High Dividend Yield Index ETF||2.69%|
|VXUS||Vanguard Total International Stock ETF||2.46%|
|VEA||Vanguard FTSE Developed Markets ETF||2.41%|
Once you have set-up your broker account and have funds available in your broker account, you are ready to buy shares in AFIC (ASX code: AFI). There is no set limit on the number of AFI shares you may purchase, however your broker may apply a minimum amount (typically $500).
With hundreds of dividend stocks, VYMI is the most diversified Vanguard dividend fund on our list. And it has the highest dividend yield.
Aflac Incorporated - Buy
Zacks' proprietary data indicates that Aflac Incorporated is currently rated as a Zacks Rank 2 and we are expecting an above average return from the AFL shares relative to the market in the next few months.
Is American Water stock a buy?
American Water Works has received a consensus rating of Hold. The company's average rating score is 2.29, and is based on 2 buy ratings, 5 hold ratings, and no sell ratings.
AFIC's investment portfolio includes the following companies: BHP Billiton, Commonwealth Bank of Australia, Westpac Banking Corporation, Rio Tinto, Telstra, Wesfarmers, Woolworths, and AGL Energy.
There are typically 2 dividends per year (excluding specials). Our premium tools have predicted Australian Foundation Invest.
Current dividend yield vs market & industry
Notable Dividend: AFI's dividend (3.33%) is higher than the bottom 25% of dividend payers in the Australian market (2.55%). High Dividend: AFI's dividend (3.33%) is low compared to the top 25% of dividend payers in the Australian market (6.84%).
|2019 Rank||Firm||Five-year fundraising total (m)|
|1||The Blackstone Group||$82,851|
|2||The Carlyle Group||$63,802|
|3||KKR & Co.||$47,977|
|4||CVC Capital Partners||$47,413|
That means that AFIC shares are decisively trading at a premium to their underlying NTA value right now. Specifically, that premium is worth around 11.84%. So no discount today. In fact, the last time AFIC shares were trading below their NTA value was back in 2019.
You must hold the shares or interest for 45 days (90 days for certain preference shares) excluding the day of disposal. For each of these days you must have 30% or more of the ordinary financial risks of loss and opportunities for gain from owning the shares or interest.
- Vanguard Dividend Appreciation ETF (VIG)
- Fidelity International High Dividend ETF (FIDI)
- iShare Core High Dividend ETF (HDV)
- SPDR S&P Global Dividend ETF (WDIV)
- Schwab U.S. Equity Dividend ETF (SCHD)
Through his holding company Berkshire Hathaway, Warren Buffett invests in only two ETFs: the Vanguard S&P 500 ETF (VOO -0.04%) and the SPDR S&P 500 ETF Trust (SPY -0.05%). An S&P 500 ETF is an investment that aims to track the S&P 500 index itself, which means it includes all the same stocks as the index.
|Vanguard 500 Index Fund||(NYSEMKT:VOO)||$744.8 billion|
|Invesco QQQ Trust||(NASDAQ:QQQ)||$145.9 billion|
|Vanguard Growth Fund||(NYSEMKT:VUG)||$132.3 billion|
|Avantis Small-Cap U.S. Value ETF||(NYSEMKT:AVUV)||$4.72 billion|
What is the best performing ETF of all time?
- 10-year return: 24.00%
- Assets under management: $1.11B.
- Expense ratio: 0.35%
- As of date: November 29, 2022.
- Dow Inc. ...
- International Business Machines (IBM) ...
- Verizon Communications (VZ) ...
- AT&T (T) ...
- Intel (INTC) ...
- Philip Morris International (PM) ...
- Walgreens Boots Alliance (WBA) ...
- 3M Company (MMM)
|FTEC||Fidelity MSCI Information Technology Index ETF||125.08%|
|FTXL||First Trust Nasdaq Semiconductor ETF||118.52%|
|IYW||iShares U.S. Technology ETF||118.33%|
|TQQQ||ProShares UltraPro QQQ||111.71%|
Fastest growing Vanguard funds worldwide in January 2023, by one year return. The fastest growing exchange traded fund (ETF) managed by U.S. asset management company Vanguard is the Vanguard Energy Index Fund. Over the year to January 16, 2023, the ETF generated an annual return of 44.19 percent.
With interest rates UP, now is one of the best times to start earning passive income from a portfolio. Imagine earning 4%, 5% -- or more -- in dividend passive income from the best shares, LICs, or ETFs... it's like free money credited to your bank account.
AFIC commenced operations in 1928 and for 90 years has been an investor in shares and other securities of Australian companies. It currently has over 120,000 shareholders. The vast majority of these shareholders are Australian resident retail investors either directly or through self-managed superannuation funds.
Three main factors to consider when investing $75k are risk, timing, and financial goals for investing. Some of the 7 ways to invest $75k include buying traditional stocks and bonds, doing peer-to-peer lending, and investing in real estate.
Vanguard Wellington Fund Investor Shares (VWELX)
Conservative investors who believe that a low-fee, actively managed fund can beat the market have an excellent choice in Vanguard's Wellington, one of our picks for the best retirement income funds.
Fidelity and Vanguard both do a good job keeping costs fairly low, but Fidelity has a slight edge overall. Both brokers charge zero commission for stock and ETF trades, but Fidelity charges $0.65 per contract on options trades, while Vanguard charges $1 per contract for customers with less than $1 million in assets.
The largest Vanguard ETF is the Vanguard Total Stock Market ETF VTI with $282.15B in assets. In the last trailing year, the best-performing Vanguard ETF was VDE at 37.99%. The most recent ETF launched in the Vanguard space was the Vanguard Ultra-Short Bond ETF VUSB on 04/05/21.
Does AFL pay a dividend?
AFL pays a dividend of $1.60 per share. AFL's annual dividend yield is 2.19%. Aflac's dividend is lower than the US industry average of 2.31%, and it is lower than the US market average of 3.79%.
For the fiscal year ending Dec 2023 , the consensus EPS* forecast has increased over the past week from 5.55 to 5.6(0.90%) and increased over the past month from 5.41 to 5.55(2.59%).
Best safe stocks to buy
- Berkshire Hathaway. Berkshire Hathaway (NYSE:BRK. ...
- The Walt Disney Company. ...
- Vanguard High-Dividend Yield ETF. ...
- Procter & Gamble. ...
- Vanguard Real Estate Index Fund. ...
- Starbucks. ...
- Consolidated Water Co (NASDAQ:CWCO) ...
- American Water Works Company (NYSE:AWK) ...
- Middlesex Water Co (NASDAQ:MSEX) ...
- Essential Utilities (NYSE:WTRG) ...
- Aris Water Solutions (NYSE:ARIS) ...
- Artesian Resources (NASDAQ:ARTNA) ...
- Consolidated Water Co (NASDAQ:CWCO)
Water, of course, is anything but rare. But that doesn't make it a bad investment. In fact, common resources can be some of the best investments you make. Investing in water can help you diversify your portfolio with a generally stable, long-term asset.
The top shareholders of Visa are Rajat Taneja, Alfred F. Kelly, Vasant M. Prabhu, Vanguard Group Inc., BlackRock Inc., and T. Rowe Price Associates Inc.
Lev Leviev, Chairman. Born 1956, Chairman of the Board of Africa Israel Investments Ltd., and AFI Development PLC. Also owner and President of the LLD Diamonds Group Ltd.
Performance of the largest Australian share market LICs vs ETFs. Many Aussie investors would be familiar with the Australian Foundation Investment Company Limited (AFI), which is by far the largest and most popular LIC with $9.2 billion in FUM. It's also the oldest LIC in the market having listed in 1936.
AFIC is committed to the highest standards of ethical behaviour. Explore our company's system of corporate governance below.
AFIC shares usually trade at a small premium to the LIC's net tangible assets, which is the value of its entire portfolio of stocks on a per-share basis.
Are AFI shares fully franked?
The dividend history of AFIC shares.
We pay fully franked dividends as cash payments. Alternatively, AFIC shareholders can elect to reinvest these dividends through our Dividend Reinvestment Plan (DRP) or Dividend Substitution Share Plan (DSSP).
A good dividend yield is high enough to meet your current income needs. But low enough to suggest a company's dividend is not at risk. Dividend yields that meet these requirements will typically fall between 2% and 5%. Since a stock with a yield of less than 2% may not provide the investor with enough current income.
In general, dividend yields of 2% to 4% are considered strong, and anything above 4% can be a great buy—but also a risky one.
An Equity Fund is considered to be a high-risk, high return fund. Equity funds invest in stocks/shares of companies.
- Thoma Bravo. Thoma Bravo is a leading software investment firm with over $114 billion in assets under management as of March 31, 2022. ...
- TA Associates. ...
- Bain Capital. ...
- TPG Growth. ...
- Blackstone Growth. ...
- Francisco Partners. ...
- Oak Hill Capital. ...
- Vista Equity Partners.
|Family||# of Distinct Fund|
|4||Franklin Templeton Investments||122|