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Premiums and discounts: looking closely at LICs

LIC/LIT IPO Vintage Year Analysis The listed investment company/listed investment trust (LIC/LIT) sector in the ASX has copped a lot of criticism over the last 12 months, in relation to the apparent mis-selling of new issues and conflicts of interest. We have no interest in revisiting the debate, other than to say that it is…

Rodney Lay | 3rd Nov 2020 | More
Upgrade season – Broker dividend plays for 2021

If you’re looking for some generous dividend-paying stocks before the end of the year, you’ll find that the usual suspects – the banks, Telstra, and the real estate investment trusts (REITs) – have fallen in share price due to COVID-19, but that their dividend yields have remained quite high (although the REITs don’t offer franking)….

Ishan Dan | 27th Oct 2020 | More
DNR’s Income Fund added to platforms

Australian equities investment manager, DNR Capital, today announced that the newly launched DNR Capital Australian Equities Income Fund is now available to financial advisers through three leading investment platforms – Macquarie Wrap, Netwealth and HUB24. The fund, which is managed and led by chief investment officer Jamie Nicol and portfolio manager Scott Kelly, under the…

The Inside Investor | 14th Oct 2020 | More
  • Dividend seeking – AT&T the new TLS?

    The venerable AT&T, with its beginnings traced back to Alexander Graham Bell in 1877, is the Telstra of the United States. It is the largest provider of mobile and fixed telephone services, not only in the US, but in the world, going by total revenue. AT&T also provides Pay-TV services through DirecTV. So, you could…

    Ishan Dan | 14th Oct 2020 | More
    Rio Tinto (ASX:RIO) departures – a win for ESG?

    Rio Tinto Ltd (ASX:RIO) today announced that CEO Jean-Sebastian Jacques, Head of Iron Ore, Chris Salisbury and Head of Corporate Affairs Simone Niven, will be stepping down from their roles following the Juukan Gorge incident. Whilst someone losing their job should never been seen as a positive, is this the first high profile ‘win’ for…

    Drew Meredith | 11th Sep 2020 | More
    Australia’s ‘bond king’ has one last win for investors before he passes

    The Australian Corporate Bond Company, which introduced single-issue liquid, exchange-traded, corporate bonds for Australian retail investors from its formation in 2013, is now expecting to take off having finally received an unrestricted license from ASIC. The full license was a battle which took place concurrently with the four-year battle against cancer by the company’s founder,…

    Greg Bright | 26th Aug 2020 | More
  • Special dividend boosts packager’s appeal

    Packaging company Orora Group is benefiting from the shift in Australians’ beverage consumption habits to more at-home drinking. Orora does the majority of its business in the beverage industry. Its strong position in beer and wine packaging both here and in the United States has attracted the attention of DNR Capital, which has added the…

    Drew Meredith | 15th Jun 2020 | More
    Are CBA shares worth $49?

    Dividends from Commonwealth Bank of Australia (ASX: CBA) shares and the ‘Big Four’ have been put under the microscope. So far, CBA has held up the best of the majors. Below, I take you through how an analyst would look at the shares and ways to put a valuation on it. Obviously, I’ll keep things…

    Owen Raszkiewicz | 13th May 2020 | More
  • No quick turnaround on bank dividends

    Investors hoping that the big banks will restore their dividends sooner rather than later are likely to be disappointed, as the earnings pressure on the banking sector will continue into the 2020/21 financial year. The banks’ March-half earnings (December-half in Commonwealth Bank’s case) fell by an average of 33 per cent, driven by big increases…

    Annabelle Dickson | 6th May 2020 | More
    Dividends stress-tested, but pockets of resilience survive

    All over the share market, investors are stress-testing their dividends – although, until they see what their portfolio companies actually do with regard to dividends, this largely involves prudent recalibration of expectations. Take National Australia Bank, for example, which slashed its interim dividend from 83 cents to 30 cents, a drop of 64%. Westpac, ANZ…

    Drew Meredith | 4th May 2020 | More