Weekly trading idea: Buy Bendigo Preference Shares (BENPB)
Weekly trading idea: Buy Bendigo Preference Shares (BENPB). In a market where it is becoming increasingly difficult to find value, BENPB rank near the top of our most attractively priced securities. For a security with just over 12 months to its step-up date (15 June 2015), an entry price of $97.60 provides an attractive gross yield to maturity of 6.51%. This comprises a 2.37% capital return ($100 / $97.60 annualised for 378 days) and a gross running yield of 4.14% (2.68% BBSW + 1.50% margin = $4.18 gross, annualised for 378 days).
Never miss an update
Enjoy this wire? Hit the ‘like’ button to let us know.
Stay up to date with my current content by
following me below and you’ll be notified every time I post a wire
Welcome to Livewire, Australia’s most trusted source of investment insights and analysis.
To continue reading this wire and get unlimited access to Livewire, join for free now and become a more informed and confident investor.
Already have an account? Sign in here
Bell Potter Securities is a leading Australian stockbroking, investment and financial advisory firm that provides a comprehensive offering of financial services to a diversified client base that includes individuals, institutions and corporations.

Never miss an update
Get the latest insights from me in your inbox when they’re published.
4 topics
Please sign in to comment on this wire.