Business
‘Dividendkeeper’: 17 leading companies receiving jobkeeper paid investors $250m in dividends – The Guardian
New report also finds 25 firms on government subsidy paid executives $24m in bonuses
Seventeen companies in the top 300 in Australia that received government subsidies paid out dividends to investors totalling more than $250m, according to new research by proxy firm Ownership Matters.
In a report sent to clients on Wednesday afternoon, Ownership Matters, which advises superannuation funds and other investors on corporate governance issues, also said 25 companies in the ASX300 index received jobkeeper support payments and then paid their executives bonuses totalling more than $2…
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