Business
3 little-known ASX dividend shares offering big income
There are some ASX dividend shares that are small but offer big income yields.
Let’s get to the details of those businesses:
Pengana Capital Group Ltd (ASX: PCG)
According to the ASX, Pengana has a market capitalisation of $168 million.
Pengana is a fund manager that focuses on retail investors. At the end of October 2020 it had funds under management (FUM) of $3.3 billion.
It runs a variety of investment strategies – Australian multi-caps, Australian small caps, global multi-caps, global small caps and global private equity.
Pengana says that it has a sticky and loyal client base of financial advisors, retail and high net worth individuals with more than 20% of FUM in listed vehicles, which provides a stable pool of FUM.
The…
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