Westpac Banking Corp (ASX: WBC) - Considering the continuous dividend paid over the past few years and given the substantial yield and shortcomings of the sector seemingly over now, the stock has started looking interesting. Westpac vanilla installment equity warrants over securities in Commonwealth Bank of Australia were notified as distributing final dividend of $2.3100 per security which is fully franked. Ex-distribution date was August 15, 2018 and pay date is on or about September 18, 2018. The stock was trading at $30.00 as at August 16, 2018, market open, and has a current annual dividend yield of 6.25% which is fully franked. The dividend ex-date was May 17, 2018 for the most recent dividend paid and the dividend pay date was July 04, 2018. The company has reported a decent 1H FY18 performance with a profit of $4,198 million (an increase of 7 per cent as compared to 1HFY17). Meanwhile, group’s chief information officer is now set to retire.
Dicker Data Ltd (ASX: DDR) - The annual dividend yield for the stock is 5.61%, which is fully franked, and the most recent dividend paid was of 4.400c with dividend ex-date as May 17, 2018 and the dividend pay date was June 01, 2018. As at August 14, 2018, the new announcement says the distribution amount of AUD 0.0440 with ex-date as August 17, 2018 and pay date as September 03, 2018. The total dividend paid during the year FY17 was $26.3m or 16.4cps, an increase of 5.5% on FY16. Whilst existing vendors also had a strong quarter, growth in sales was attributed from new vendors which were introduced during 2017. The stock was trading at a market price of $3.14, and what resulted in further increase in improvements in the company’s balance sheet leverage is that the company continued to reduce working capital and debt requirements.
National Storage REIT (ASX: NSR) - The company was trading at a market price of $1.747 and is near its 52-week high. It has an annual dividend yield of 5.53% and is not franked. The most recent dividend paid was 4.9 cents for which the dividend ex-date was June 28, 2018 while the dividend pay date is August 29, 2018. The company operates and manages self-storage centers, and has lately completed acquisition of eight quality self-storage assets in both Australia and New Zealand and has successfully negotiated terms for its debt facilities towards the refinancing.
WAM Capital Ltd (ASX: WAM) which has an objective to provide shareholders a rising stream of dividends, was lately seen to be trading at a market price of $2.480. The stock has seen a performance change of 4.64% over the past three months. The annual dividend yield for the stock is 6.15% which is fully-franked, and the most recent dividend remained 7.75 cents for which the dividend pay date was in April 2018. Performance of portfolio that gives exposure to undervalued growth companies since inception has been 17.5% against comparable index performance of 8.5%. As the markets get inevitably closer to the end of its long bull run, WAM Capital remains a bit cautious. The annualized fully frank interim dividend for FY 2018 is 15.5 cents and the shares on issue are 668,363,006.
The Income available from dividends remains attractive for many investors.
We take a look at the best yields on the market and assess what they say about a company’s prospect.
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