Dividends keep climbing despite weak corporate profits

Original article by Max Mason
The Australian Financial Review – Page: 13 & 18 : 4-Mar-15

Data from JP Morgan shows that the dividend payout ratio for companies in the S&P/ASX 200 increased by about five per cent overall during the February 2015 reporting season. Deutsche Bank in turn estimates that underlying earnings growth rose by about two per cent overall. The benchmark index gained 6.1 per cent during February. Meanwhile, JP Morgan and Citigroup have both scaled back their expectations for growth in earnings per share for the full year

CORPORATES
JP MORGAN AUSTRALIA LIMITED, STANDARD AND POOR’S ASX 200 INDEX, DEUTSCHE BANK AG, CITIGROUP PTY LTD, RIO TINTO LIMITED – ASX RIO, BHP BILLITON LIMITED – ASX BHP, UBS HOLDINGS PTY LTD, CONTANGO ASSET MANAGEMENT LIMITED, RESERVE BANK OF AUSTRALIA, FIDELITY INVESTMENTS AUSTRALIA LIMITED, S&P CAPITAL IQ

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