7 Upcoming Dividends – MLT, GMA, RMD, RIO, IFL, JHG and GUD

  • August 08, 2018 08:41 AM AEST
  • Team Kalkine
7 Upcoming Dividends – MLT, GMA, RMD, RIO, IFL, JHG and GUD

Milton Corporation Limited (ASX:MLT) is predominantly funded by the dividends received from its equity investment portfolio. Milton has a long track record of paying fully franked dividends. The interim dividend for FY 18 is 8.8 cps and the final dividend is 10.2 cps for which dividend ex-date is August 9, 2018, and dividend pay date as September 4, 2018. The full-year dividend is 19.0 cps. The annual dividend yield for the stock is 3.96% which is fully franked. The stock was trading at a market price of $4.80 at a daily price change of -$0.010 or -0.208% and is at its 52-week high.

Genworth Mortgage Insurance Australia Limited (ASX:GMA) has declared fully franked special dividend of 4cps and fully franked interim ordinary dividend of 8cps. The dividend payout ratio is 50% to 80% as per FY 18 guidance. The final dividend to be paid is 12 cents for which dividend ex-date is August 15, 2018, and dividend pay date as August 30, 2018. The annual dividend yield for the stock is 6.85% which is fully franked. The stock was trading at a market price of $2.850 at a daily price change of -2.39% and has seen a performance change of 6.57% over the past 6 months.

ResMed Inc’s (ASX: RMD) board of directors recently announced the US $0.37 per share of the quarterly cash dividend. The most recent dividend of 3.507c has a record date of August 16, 2018, and payable date on September 20, 2018. The annual dividend yield of the stock is 0.92% which is not franked. The stock was trading at a market price of $14.54 with a daily change of $0.21 or a percentage change of 1.465%. The stock has seen a performance change of 50.84% over the past 12 months.

Rio Tinto Limited (ASX: RIO) has interim returns of $3.2 billion which includes dividend of $2.2 billion, 127 US cents per share. The most recent dividend declared was of 170.84 cents with dividend ex-date as August 09, 2018 and dividend pay date as September 20, 2018. The annual dividend yield for the stock is 5.19% which is fully franked. The stock was trading at a market price of $77.190 and has seen a performance change of 15.15% over the past 12 months.

IOOF Holdings Limited (ASX: IFL) declared the final dividend for 2H 18 of 27 cps which is fully franked with dividend ex-date as August 20, 2018, and the company is committed to delivering value to the shareholders. Dividend commitment resulted in 98% payout ratio in 2H 2018 with record date as August 21, 2018, and payment date as September 4, 2018. The annual dividend yield of the stock is 6.11% which is fully franked. The stock was trading at a market price of $8.84 and has seen a performance change of 5.36% over the past 5 years.

Janus Henderson Group Plc (ASX: JHG) declared US$0.36 per share dividend and the board authorized on-market share buyback up to US$100m. Board of directors declared a dividend of US$0.36 per share to be paid on 24 August to shareholders on record at the close of business on 13 August. The Janus group was trading at a market price of $39.120 with a daily price change of -$0.420 and a percentage change of -1.062% which is near its 52-week low, and the stock has seen a performance change of -8.98% over the past 12 months. The annual dividend yield for the stock is 4.56% which is not fully franked.

G.U.D Holdings Limited (ASX: GUD) is a consumer discretionary stock and has a final fully franked dividend up from 25 cents in prior corresponding period to 28 cents per share. Full-year fully franked dividends were up from 46 cents in pcp to 52 cents per share. The final dividend of 28 cents per share fully franked is payable on 31 August 2018. The underlying continuing operations basic EPS has a payout ratio of 80%. The stock was trading at a market price of $15.130 and has seen a performance change of 21.98% over the past 12 months.

Dividend Stocks To Buy

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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