BWP on the march

BWP’s share price continues to rise. What should members do now?

BWP Trust (BWP) has risen above our $3.30 Sell price in recent days and is up 11% since A-REITs expensive on almost every measure on 31 Mar 15 (Hold — $3.01).

The property trust is due to release its full-year results next week but has already announced an estimated final distribution of 8.1 cents per share (ex date already passed), giving it an unfranked yield of 4.7%.

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