Fishing again in the HYP Pool

[Dod101]

Maybe so but I like, in these days of problem HYP shares, what looks like a nice steady niche player. I have no intention of becoming simply a holder of ITs.

Dod

[kempiejon]

I can see the argument there, but with a modest yield, might you not be better off ditching the single company risk and buying a generalist IT of larger yield?
One would normally prefer a higher yield to compensate for the perceived added the risk, at least on initial purchase.

Arb.

I can see that argument and raise you. Buy a FTSE100 tracker or ETF, be compensated by the higher yield, reduce the management fee as well as single company risk and get all your dividends without having any held back by that manger. I have looked at PHP and a few other speciality REITS over the years I'm sure they have been HYPable on and off over the years even if not just now as Dod101 says due to the price rising.