Australian (ASX) Stock Market Forum

High dividend/non-finance stocks for long-term investors?

hehe...Rick...I'll drop a few names but like everyone knows we are just chatting...since I own most of these puppies...and I'm not the most conservative investor around

A microcap stock, Adcorp (advertising) has a large cash surplus and is paying about 14% plus franking but is still earning more...STW Communications which is much larger and more diversified, more of a growth story is paying about 7% plus credits...

Retailers.....take your pick..VITA is a microcap and is paying around 10% plus credits...Just Group must be paying over 6% plus credits.....one I like but have never owned Noni B may be a little higher.......even something like Metcash is about 5% plus credits

Happy fishing
 
Prime Retirement and Aged Care Property Trust (PTN)

share price : 60 cents

yield around 14% dividend per year paid quarterly - 100% franking

pure gold
 
Rick, re your search for high yield companies, how about considering as an alternative choosing high growth companies and just selling a few shares now and again when you need some cash?

Consider the following comparisons:

If three years ago you had bought WOR at about $8, it has gone to over $50, and even with the debacle of the last few months is about $40.
Minimal yield.

If three years ago you had bought LEI at about $10, it has gone to $65, and even now $46.
Minimal yield.

___________

If three years ago you had bought TCL at $7, it has gone to $8.50 ish, and now $6.60.
8.5% yield, unfranked but tax deferred.

If three years ago you had bought SIP at $2.50, it has gone to $3.25, and now is under $1.20.
5.7 yield fully franked.

Which of these is going to have given you the best overall return at the end of the three years?


Julia -- this is an excellent point, but for many of us the challenge is in identifying a good growth stock at the start of its growth phase.
 
Julia -- this is an excellent point, but for many of us the challenge is in identifying a good growth stock at the start of its growth phase.
Yes, of course. We would all be a lot richer if we could do this reliably.
But it's still possible to make good money on a stock which has established an uptrend.
 
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