MGR - Mirvac Group

[divs4ever]

Build to Rent is growing fast off a low base​

Build to Rent is growing fast off a low base

The Build to Rent sector is embryonic in Australia, representing less than 0.5% of housing stock across the country. Is this burgeoning asset class set to take off and deliver for both investors and tenants?

www.firstlinks.com.au

i hold MGR ( 'free-carried' )

am not a big fan of this trend , i see complexity , bad press, bad tenants , and every increasing regulations

 

[frugal.rock]

The original Mirvac thread that you posted in yesterday @divs4ever

 

[Knobby22]

If there is to be a legislative residential building boom, I was thinking Mirvac may be one company able to take advantage.

 

[finicky]

Kind of an interresting level for Mirvac to bounce off this week.

'Market Mattters' sent out a trading alert to subscribers on Wednesday saying they were adding this stock.
They said, "Mirvac (MGR) has pulled back to support around $1.80 as bond yields have risen globally. We believe the pullback in the property sector more broadly is a buying opportunity ahead of results in February. We are increasing our target weight from 4% to 5%."

I haven't made an initial buy - mostly general reluctance to reduce cash buffer but also have not had rewarding results from AREITs so far: DXS, ABG, ASK

Not Held

 

[divs4ever]

Kind of an interresting level for Mirvac to bounce off this week.

'Market Mattters' sent out a trading alert to subscribers on Wednesday saying they were adding this stock.
They said, "Mirvac (MGR) has pulled back to support around $1.80 as bond yields have risen globally. We believe the pullback in the property sector more broadly is a buying opportunity ahead of results in February. We are increasing our target weight from 4% to 5%."

I haven't made an initial buy - mostly general reluctance to reduce cash buffer but also have not had rewarding results from AREITs so far: DXS, ABG, ASK

Not Held

View attachment 191456

buying price is pivotal with these babies ( AREITs ) while the yield may be good you are foregoing franking credits ( which is IMPORTANT to some )
i hold MGR ( bought @ $1.10 in 2011 )

so the capital gains are not so impressive although i did reduce @ $2.39 in October 2017 and again @ $2.13 in April 2023

Dividend Type	Dividend Amount ($)	Franked	Ex-Div Date	Pay Date
Final	0.060	0.00%	27/06/2024	29/08/2024
Interim	0.045	0.00%	28/12/2023	29/02/2024
Final	0.053	0.00%	29/06/2023	31/08/2023
Interim	0.052	0.00%	29/12/2022	28/02/2023
Final	0.051	0.00%	29/06/2022	31/08/2022
Interim	0.051	0.00%	30/12/2021	28/02/2022
Final	0.051	0.00%	29/06/2021	31/08/2021
Interim	0.048	0.00%	30/12/2020	01/03/2021
Final	0.030	0.00%	29/06/2020	14/09/2020
Interim	0.061	0.00%	30/12/2019	28/02/2020
Final	0.063	0.00%	27/06/2019	30/08/2019