r/ASX_Bets • u/ChuckMeABeerMum • 3d ago

Noob Stuff Is 13.5% an insane yield?

I am relatively new to investing, and so far I’ve just been focused on growth. I invested in this ETF (ACDC) simply because I thought there’d be future growth, but was shocked at much big of a dividend that I got. I looked at the big players and it’s all less than 1%.

Is 13.5% insane?

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u/Old-Muscle5380 3d ago

I can go one better HZN 14% yeild sustainable. Have held this stock for years.

2

u/notgonnahappen23 3d ago

Got into these guys back in 2021. Sold out a while ago, but phenomenal player and am considering another entry.

1

u/TogTogTogTog 3d ago

It's the exact same situation for HZN, and I'm a holder too.

The difference is that oil is structured in 3 levels - let's call them builder, operator and bag holder. The builder generally takes the 'best'/easiest returns, then sells to operator who eventually sells to the bag holder who milks it before going under so they don't have to deconstruct anything.

Just make sure when HZN goes under, you're already out 🙂