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Valuation of $0.600
stale
Added 6 years ago
A very basic valuation. UOS has grown its distributions by about 5% per annum (on average) since 2009. I think that's a reasonable guess as how they will grow over the long term -- especially given their demonstrable skill in this area. As such, I want a 5% starting yield. With a 3c distribution, that equates to a fair value of 60c
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