Business
ASX dividends to hit $73b as it rains upgrades – The Australian Financial Review
Corporate Australia will pay out $73 billion in dividends in 2020-21, after the biggest upgrade to payouts in 20 years. JPMorgan calls it the start of a dividend…

Payouts plunged nearly 30 per cent in 2019-20 when companies put capital management on ice to survive COVID-19.
For those sailing close to the covenant wind, the first step was to raise capital. For others, which encompassed most of the market, dividends were cut deeply, JPMorgans Australian equity strategist, Jason Steed, said.
We were optimistic that this results season would herald a turnaround in earnings and dividend expectations. The reality, thus far, has exceeded our elevated expectations.”
…
-
Noosa News15 hours ago
Increase in extreme weather events poses ‘substantial risk’ to blood supplies, researchers warn
-
General20 hours ago
German palliative care doctor with alleged ‘lust for murder’ accused of killing 15 patients
-
Noosa News16 hours ago
‘Low morale, decreasing trust in leadership’: Top cop’s stark warning
-
General20 hours ago
Pacific island nation of Tuvalu unveils its first ever ATMs and point-of-sale systems