Banks, miners set for big payout boost

Original article by William McInnes
The Australian Financial Review – Page: 24 : 26-May-21

Jane Shoemake of global asset manager Janus Henderson is upbeat about the outlook for Australian dividend payouts in 2021. She notes that mining companies and the major banks dominated the list of the 10 biggest dividend payers in 2019 and 2020, and investors are set to benefit from high commodity prices and a rebound in dividend payments in the banking sector. Shoemake also expects energy stocks and defensive retailers such as Coles Group and Woolworths to increase their dividends.

CORPORATES
JANUS HENDERSON GROUP PLC – ASX JHG, COLES GROUP LIMITED – ASX COL, WOOLWORTHS GROUP LIMITED – ASX WOW

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 )

Google photo

You are commenting using your Google 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 )

Connecting to %s