Navigating the dividend disruption

Navigating the dividend disruption

Ord Minnett Podcast

06/08/2020 11:22PM

Episode Synopsis "Navigating the dividend disruption"

Dividends from the Australian sharemarket are being impacted by companies needing to preserve capital in the uncertain COVID environment. The major banks, in particular, are deferring and reducing dividends under guidance from the regulator, APRA. In this podcast we speak with financials analyst Nick Caley to get the latest on the outlook for the Australian banks and their ability to pay dividends to shareholders. We also speak with analyst Supun Wijerathna on the listed investment company (LIC) sector, which potentially offers an alternative for investors seeking income. LICs have the ability to smooth dividends to shareholders in volatile periods given their structure. We encourage clients to keep in touch with their EL&C Baillieu adviser for the latest updates. Disclosure: E.L. & C. Baillieu Limited analyst Nicolas Burgess owns shares in WAM Leaders (WLE).

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