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ASX weakness could be met with $19bn “dividend bonanza” – The Motley Fool Australia
The drop in the market could soon be met with a circa $19 billion wall of capital as investors collect their second biggest dividend checks in history.
The drop in the market could soon be met with a circa $19 billion wall of capital as investors collect their second biggest dividend checks in history.
The S&P/ASX 200 Index (Index:^AXJO) tumbled 1% in morning trade. If it closes in the red, this will mark its third consecutive day of losses.
Naysayers believe that the latest sell-off is an ominous sign and the start of a long-awaited market correction.
ASX dividend bonanza
But not all experts are convinced. In fact, Bell Potter’s high-profile institutional…
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