SHIELD | Good Yield Hunting - the saga continues | Equities will continue to benefit from major global economies maintaining low rates of interest for longer...

SHIELD | Good Yield Hunting - the saga continues | Equities will continue to benefit from major global economies maintaining low rates of interest for longer as countries struggle with growth and unemployment. Despite the low growth outlook, we expect increasing demand for Australian dividend yield in a global environment of older demographic looking for sustainable income streams. The domestic baby boomers will be forced to invest in equities to maintain their income requirements due to the low interest rates and rising cost environment. Micro cap stock HFA and small cap MRM are the only low growth cheap yield pick from the SHIELD screen that has average earnings and cash flow per share growth of below 10%, an average of price-earnings and price-cash flow below 10, a dividend yield above 5% and a BUY rating. SHIELD Top 20 picks are: large cap - CBA, WBC, BHP, ANZ and NAB; mid cap - PPT; small cap - IMF, NST, MRM, PTM, WEB, HIL, SKE, TRG, MOC and BKN; and micro cap - FRI, HFA, NCK and DDR. (VIEW LINK)