News & Insights

AFR: Time to turn on your global dividend finder

Global energy, conglomerates and legacy technology companies are among the companies that investors could consider as they begin the search to replace high-yielding domestic stocks.

With experts urging investors to use the prospect of losing their franking credit refunds under Labor to address overweight exposures to domestic equities, the time is right to delve deeper into some of the better known companies that can deliver regular and reliable dividend payments.

Plato Investment Management deputy portfolio manager Daniel Pennell said Australian investors and retirees who had large holdings of Telstra and the big four banks would do well to look further afield for sources of income.

“Investors should be wary of this concentration as there are many other good companies that offer both consistent dividend income and better potential for capital growth globally,” Mr Pennell said.

Read the full article in The Australian Financial Review.