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Two stocks with juicy dividends – DDR, SUL

  • May 25, 2019 08:00 AM AEST
  • Team Kalkine
Two stocks with juicy dividends – DDR, SUL

The investors might keep an eye on the following stocks offering attractive dividends:

Gold MTF non-AMP

Dicker Data Limited

Dicker Data Limited (ASX: DDR) is among the Australian ICT industry's most trusted advisors that has 40 years of experience in exclusively servicing Australian IT partner organisations. The company assists Australian partners of all shapes and sizes to design, configure and implement solutions for their customers to successfully transform their business’ through technological change.

The company recently announced quarterly dividend of AUD 0.050, notifying that 100 per cent of the dividend would be franked with 30 per cent corporate tax rate applicable for franking credit. The dividend reinvestment plan (DRP) is also applicable and the cash payment is kept as an alternate option if security holders do not want to participate in the DRP. The declared dividend will be payable on 3rd June 2019 with the ex-date and record date of 17th May 2019 and 20th May 2019 respectively.

The annual dividend yield of the company currently stands at 4.19 per cent (As per ASX as on 24th May 2019).

The company’s stock closed higher on the Australian Securities Exchange (ASX) on 24th May 2019 at AUD 5.160 with a rise of 4.03 per cent. The DDR’s market cap stood at AUD 797.66 million at the time of writing the report. The stock has performed outstandingly in the previous months delivering a YTD return of 75.27 per cent. The stock generated a return of 72.82 per cent, 50.76 per cent and 18.66 per cent in the last six months, three months and one month respectively.

Super Retail Group Limited

One of the Australasia’s top 10 retailers, Super Retail Group Limited (ASX: SUL) is engaged in the retail business of sport, outdoor leisure and auto products in New Zealand and Australia. The network of the company is spread across to more than 670 retail outlets and over 12,000 team members throughout New Zealand, China and Australia.

The company recently paid the ordinary fully paid dividend related to a period of six months. The declared dividend was payable on 28th March 2019 with the ex-date and record date of 22nd Feb 2019 and 25th Feb 2019 respectively. The total dividend amounted to AUD 0.2150 (100 per cent franked) with 30 per cent corporate tax rate applicable for franking credit. The dividend reinvestment plan was also applicable at a DRP price of AUD 7.570. The DRP price was calculated by taking the average for the daily volume weighted price of the Super Retail Group Limited Shares on the ASX, excluding trades which are not considered to reflect normal supply and demand, on each of the 10 consecutive days during the period from 28 February 2019 to 13 March 2019.

The annual dividend yield of the company currently stands at 5.32 per cent (As per ASX as on 24 May 2019).

The company’s stock closed higher on the ASX at AUD 9.23 on 24th May 2019. The stock witnessed a rise of 0.21 per cent relative to last closed price. The stock has performed well in the past few months generating a YTD return of 34.85 per cent. The stock price continued to rise after 22nd Jan 2019 coinciding with the announcement of appointment of the new Group Managing Director and Chief Executive Officer of the company.


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