High dividends often steal the limelight, but as holders of Telstra have recently learned, a sustainable dividend is every bit as important. This week’s Buy Hold Sell features Vince Pezzullo from Perpetual and Matthew Haupt from Wilson Asset Management.

Key points:

  • Caltex has an earnings hole to plug following the loss of contract with Woolworths
  • Our panelists have a difference of opinion on Ramsay Healthcare; is it time to join the shorters and sell, or hold on in the hopes of a squeeze?
  • Macquarie’s asset management offers more stable earnings than investment banking, but can it hold on through the cycle?
  • Our panelists each share their top ideas for sustainable yield.