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3 ASX LICs offering big dividend yields over 7% – Motley Fool Australia
Here are 3 listed investment companies (LICs) that offer big dividend yields over 7%. One is WAM Leaders (ASX:WLE) which targets large caps.
Listed investment companies (LICs) are a great option to invest in for big dividend yields in my opinion.
What’s a LIC?
A LIC is a company just like any other. LICs provide half-year and annual reports, they have boards of directors and so on.
Normal operating companies might be a retailer, a bank, a tech company or something like that. The main difference is that LICs invest in other businesses on behalf of shareholders.
LICs make profit from investment returns. That’s a combination of capi…
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