Original article by Vanessa Desloires
The Australian Financial Review – Page: 15 & 20 : 31-Mar-16

Australian companies are expected to pay shareholders around $A19bn in interim dividends during March and April 2016. Fund managers estimate that almost $A9bn worth of dividends will be paid in the final week of March, including some $A3.4bn worth of dividends from the Commonwealth Bank. Meanwhile, CommSec’s Craig James warns that the current dividend payout ratio of 106.3 per cent of profits is not sustainable. Many shareholders are expected to reinvest their dividends in equities, particularly given the low returns from assets such as bonds.

CORPORATES
COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, COMMONWEALTH SECURITIES LIMITED, STANDARD AND POOR’S ASX 200 INDEX, CREDIT SUISSE (AUSTRALIA) LIMITED, PLATYPUS ASSET MANAGEMENT PTY LTD, PERPETUAL LIMITED – ASX PPT, WESTPAC BANKING CORPORATION – ASX WBC