Investors in Australia Look Set for a Dividend Bonanza
- BHP Billiton, Rio Tinto account for about 25% of total payouts
- Aurizon seen posting biggest payout rise, Telstra largest cut
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The world’s third-highest dividend yielding developed market is expected to boost payouts to the most in at least four years as investors reap the benefits of a resources-based economy.
Five times as many companies are likely to boost dividends from a year earlier than cut among the top 100 stocks reporting in August, according to data compiled by Bloomberg. More than a quarter of the expected payments are coming from two of the world’s largest miners, the data show.