You are viewing:-
you're reading...
1.Market Observations, 8.Was Sticky

13 Mar 2017 (TheAge) – $22.3 billion in 10 weeks: Australia can look forward to bumper dividends

(13 March 2017, The Age, BusinessDay, p22, Myriam Robin)

‘With wage growth at an 18-year low, corporate profits could prove one of the few growing sources of income for Australians. In the next 10 weeks $22.3 billion in dividends – about 1.3 per cent of GDP – will be paid out by Australian companies to local and overseas shareholders. ‘ <snipped…>

‘The dividends are up on last year, when $19 billion was paid out. “It’s a fairly substantial increase,” said Craig James, chief economist at stockbroking firm CommSec. Over the financial year as a whole $72.3 billion will be paid out by Australian companies – a record. ‘

Read more at TheAge.com.au

Advertisements

About robertbrain

Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: