Quintessentials: The continuing “search for yield”
The Australian share market is currently offering a 4.5% yield (80% franked), which is slightly below the long-term average of 4.6%. However, grossed up for franking credits, the dividend yield is 6.0%, which is well above 90 bank bills (1.8%), the 10-year bond yield (2.8%), and 12-month term deposits at the major banks (~2.4%). In this market, we believe the updated Quintessential yield stocks offer relatively high and believable dividend yields. The stocks must satisfy these criteria: 1) Market capitalisation of at least $1 billion, 2) Forecast FY17 dividend yield of at least 4.5% fully franked, 3) Earnings and/or dividend growth in FY17 & FY18, 4) A dividend cover ratio of at least 1.2 times, 5) A strong balance sheet, 6) A 'buy' or 'neutral' rating from the analyst. Find out which 12 ASX stocks meet these criteria in the video below.
Welcome to Livewire, Australia’s most trusted source of investment insights and analysis.
To continue reading this wire and get unlimited access to Livewire, join for free now and become a more informed and confident investor.

12 stocks mentioned
Please sign in to comment on this wire.