Business
ASX dividends will be up 30% this year: fundie – The Motley Fool Australia
One sector is set to boost payouts by almost 70% this year, predicts Tribeca Investment Partners portfolio manager Jun Bei Liu.
Dividend shares will make a roaring comeback this year, according to one fund manager.
The Australian share market traditionally pays out higher dividends than its international counterparts because of the favourable tax laws. The high representation on the ASX from big banks and mining companies also helps.
But Tribeca Investment Partners portfolio manager Jun Bei Liu said this week that those payouts were slashed when the COVID-19 pandemic arrived.
“That’s a reason why Australian equities underperformed…
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