LIC’s continue to offer attractive dividend yields

In this month’s Independent Investment Research (IIR) LMI Monthly Update we discuss why the listed investment company sector was able to maintain steady dividends and, in some cases, announce modest dividend increases despite reporting lower profits during the recent reporting season. We do not expect to see many dividend reductions from the sector in the second half and may see modest increases from some LICs. We also take another look at dividend sustainability and highlight those LICs with strong dividend reserve cover. Click below for a copy of our latest report.