Original article by Glenda Korporaal
The Australian – Page: 13 & 16 : 11-Sep-24

Australian-listed companies paid out more than $80bn worth of dividends in 2023-24, which is five per cent higher than the previous financial year. However, Ryan Felsman from CommSec warns that shareholders should expect lower dividend payouts in 2023-24. He says that energy, consumer discretionary and real estate stocks in particular are likely to deliver lower dividends in the current fiscal year. A report from CommSec has concluded that despite some headwinds, returns on Australian shares are still attractive compared with alternatives such as bank deposits, bonds and international equities.

CORPORATES
COMMONWEALTH SECURITIES LIMITED