Bloomberg: BHP offers a dividend return twice as high as Australia's one-year bond yield, underpinning the strongest rally in stocks in seven months - as the...

Livewire News

Livewire

Bloomberg: BHP offers a dividend return twice as high as Australia's one-year bond yield, underpinning the strongest rally in stocks in seven months - as the nation's sovereign debt slumps to the world's biggest loss. Bonds due in 10 years fell 0.3 percent, the most among 144 debt indexes. BHP, the world's largest mining company, has a 5.05 percent dividend yield, while the 2014 yield is 2.42 percent. The S&P/ASX 200 will rise almost 5 percent in the coming year as 10-year bonds fall 1.6 percent by Dec. 31, separate polls of analysts show. You will continue to see companies increasing dividends and now earnings are picking up so you get that double benefit, said Keith Poore, the head of investment strategy at AMP Capital Investors Ltd. in Wellington, which manages about $131 billion. We are still favouring equities over bonds. more here: (VIEW LINK)


Livewire News
Livewire News
Livewire

Livewire News brings you a wide range of financial insights with a focus on Global Macro, Fixed Income, Currencies and Commodities.

Expertise

No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Comments

Sign In or Join Free to comment
Elf Footer