Investors are hoping for generous dividend payouts as some of Australia's b...
SYDNEY - Investors are hoping for generous dividend payouts as some of Australia’s biggest companies look set to report profit declines this month, and will punish underperformance in a market trading at record highs, fund managers and analysts said.
The prospect of across-the-board earnings disappointment in a frothy sharemarket puts the spotlight on capital return as investors look to justify paying prices that are being pumped up by the lowest interest rates in Australian history. “Given the lack of investment options many companies have ... it should be a good period for dividends.”
A federal election in May, U.S.-China trade tensions and political turmoil in Britain have deepened the sense of trepidation that has stalled business spending. This has prompted the Reserve Bank of Australia to cut interest rates twice, flattening bond yields and making it cheaper to borrow to buy shares.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sterling slides toward $1.21 on rising 'no-deal' Brexit fearsThe pound plunged further toward $1.21 on Tuesday morning as rhetoric from Britain's new Prime Minister Boris Johnson heightened concerns that the U.K. could leave the European Union without a deal on October 31.
Read more »
Stakes rising for 2020 Dems ahead of 2nd presidential debateDETROIT (AP) — Democrats gathering in Detroit for a pivotal presidential debate will have to decide, once again, how to respond to President Donald Trump while presenting their own vision for the...
Read more »
Hit by sanctions and rising tensions, Iran's oil exports slide in JulyIranian oil exports have dropped in July to as low as 100,000 barrels per day (b...
Read more »
Beijing bans solo travel to Taiwan amid rising cross-strait tensionsThe Chinese government announced Wednesday that it will suspend a program allowing solo tourists from 47 cities to visit Taiwan, amid rising cross-strait tensions.
Read more »
China to halt individual tourism permits for Taiwan amid rising tensionChina will stop issuing individual travel permits for Taiwan to people in 47 mai...
Read more »
Mixcloud Introduces Premium Subscription and Restricts Free PlaybackBritish audio streaming platform Mixcloud is introducing a Premium subscription and restrictions on free listening, all to help cover the rising costs of royalty fees.
Read more »