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Old 04-29-2009, 10:32 AM   Nav to Top  #1
Robbo
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Default BT.A (BT Group Plc)

Great long term play. Excellent 'safe' returns.

BT Group always offer annual dividends totalling 15p. at its previous price of 240 this equated to 6% however given the price drop (85-90) it now equates to 17% annual returns.

Okay so they are to reduce dividends for this year only (up to 60%) but that will still give the holder a 7% return this year and thereafter the 17% return will be attainable.

or alternatively once the dividend reaches normal limits the price will have to return to 'normality' as the pension funds will undoubtedly jump on board - so over the next year expect this price to at least double if not triple.

As some of you know i got in at avg less than 85 - but think at 90 it is still worth a look.

cheers and good luck
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