Find the hidden gems
Sep 30, 2020
4 minutes
STORY DAVID THORNTON
Australia is a country obsessed with blue-chip companies paying out consistent dividends – fully franked, thanks! These companies are so synonymous with dividends that, in some cases, they’ve carved out a spot in our national psyche. It’s hard to picture Sydney Harbour in your mind’s eye without a kangaroo flying overhead at 1000 feet or so.
But a reality check is called for. We live in a world vastly different from the one that nurtured these companies to such revered status.
Dividends have been sidelined as the blue-chip giants grapple with several seismic events that have dulled their appeal.
First it was the banking royal commission, then the Covid-19 pandemic and the
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