Wages are going backwards, loans are in arrears, companies are being kept alive by government support and an exemption from insolvency rules, yet still they are paying out dividends.
Westpac and the ANZ have suspended dividends payments. The National Australia Bank has slashed them. The peculiarities of our tax system explain why retirees hate this more than they should.
Shareholders appear to achieve greater returns from corporations which are less aggressive tax planners and pay a greater percentage of tax, according to a new pilot study.
More than A$72 billion has been paid in dividends in 2016-17.
AAP/Dean Lewins
Australian companies are paying more of their profits out as dividends, and if it continues it will hurt our economy.
Commonwealth Bank chief Ian Narev announces a record full-year profit of A$7.8 billion, ahead of this week’s $2.1 billion quarterly result.
Paul Miller/AAP
Like most companies, banks report their profits twice a year. Each time the majors report we see headlines about the size of the profits and implicit or explicit criticism of the amount – this time about…
Dividend washing enables some domestic investors to essentially gain a dividend “twice”.
Image sourced from www.shutterstock.com
Kevin Davis, Australian Centre for Financial Studies
There is currently considerable interest in the practice of “dividend washing”. This refers to the practice of investors being able to trade shares cum-dividend for a period after the ex-dividend date…