Six fully franked dividend stocks with positive Return on Equity (ROE)

  • Oct 12, 2016 AEDT
  • Team Kalkine

Automotive Holdings Group Ltd
Boosted Capital position from acquisitions: Automotive Holdings Group Ltd (ASX: AHG) stated that it’s Share Purchase Plan has closed oversubscribed following successful completion of fully underwritten placement to raise $90 million. Automotive Holdings earlier reported a 7.2% increase in revenues to $5.25 billion in Fiscal Year 2016 and the earnings per share grew 2.4% to 28.7 cents per share, which is slower than operating profit primarily due to costs related to acquisitions and a few one-offs including impairment of assets. The statutory Net Profit After Tax grew 2.2% to $90.1 million. The stock rose over 17.62% in the last three months and still trading at a decent dividend yield.

There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.

As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report  Top Dividend Stocks to Consider in 2020

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