IIF
ING Industrial Fund (IIF) is a specialist property trust principally focused on investing in real estate. It listed on the Australian Stock Exchange on 28th November, 1991. The fund make investments in a portfolio of industrial properties, business parks and distribution centers located in Australia, Canada, France, Spain, Germany and Belgium. During the last year, its total assets amounted to approximately $5B. The manager prefers to invest in those assets and properties that offer income and capital upside and those that provide development opportunities (around 20% of the portfolio).
A report (second annual REIT Monitor report) released by corporate advisory firm PKF Chartered Accountants and Business Advisers have said that Mergers & Acquisitions (M&A) will dominate the Real Estate Investment Trust (REIT) sector in the coming year.
Peruse the dividend history for ING INDUSTRIAL FUND. A taxable payment declared by a company's board of directors and given to its shareholders out of the company's current or retained earnings, usually quarterly. Dividends are usually given as cash (cash dividend), but they can also take the form of stock (stock dividend) or other property. Dividends provide an incentive to own stock in stable companies even if they are not experiencing much growth. Companies are not required to pay dividends.
WorleyParsons (WOR), an Australia based company that concentrates on engineering design and project related services along with maintenance and reliability support services to diversified industrial segments with a market capitalisation of $6042.6 million was the worst performer in the ASX100 list that lost 16.7 percent or $5.11 to its stock price closing the week at $25.35.
Transfield Services (TSE), a company that offers services in maintenance, operations, assets and project management sector was the best performer of the 35th week in ASX100 with a gain of 23.3 percent or 75 cents closing the week at $3.96.
ING Office Fund (IOF), a real estate investor with investments in office buildings in Australia, United States and Europe was the worst performer in the ASX100 index for the week losing 19.6 percent or 11 cents in its stock price and was closed for the week at 45 cents. IOF has a market capitalisation of $1228.1 million.
Goodman Group (GMG), a company that is engaged in the business of ownership, development and management of business and industrial places was the best performing stocks in ASX100 index for the 33rd week that saw a rise of 19.1 percent or 9 cents in its stock price closing the week at 53 cents.
Aquarius Platinum (AQP), a company that is engaged in exploration, development and acquisition of platinum group metals was the best performing stocks in ASX100 index for the 32nd week that saw a rise of 15.4 percent or 77 cents in its stock price closing the week at $5.74.
Consolidated Media Holdings (CMJ), a company that is engaged in the business of gaming, entertaining, television broadcasting, program development, magazine publishing and distributing, subscription television, investment in internet was the best performing stocks in ASX100 index for the week 28 with a gain of 17.1 percent or 38 cents in its stock price closing the week at $2.60.
Murchison Metals (MMX) - one of the leading iron ore exploration companies in Australia was the worst performing stock in ASX 200 on week 25. The company lost 23.4 percent or 51 cents on the share market. Some other worst performing stocks of this list were Gloucester Coal (GCL), Kagara Zinc (KZL), Paper Linx (PPX), ING Industrial Fund (IIF) and Paladin Energy (PDN).
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Top 150 Public Companies Listed on the Australian Stockmarket as at 29/05/2009
- BHP Billiton
- Westpac Banking Corporation (WBC)
- Commonwealth Bank of Australia (CBA)
- National Australia Bank (NAB)
- Telstra (TLS)
- ANZ
- News Corporation (NWS)
- Woolworths Limited(WOW)
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- Rio Tinto
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- Newcrest Mining Limited (NCM)
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- Santos Limited (STO)
- AMP Limited (AMP)
- Macquarie Group (MQG)
- Foster’s Group Limited (FGL)