The Search for Yield
The current low interest rate environment in Australia is forcing investors to go in the search for superior returns. This has continued the demand for the traditional, high yielding blue chip shares that are available on the Australian share market. For those investors with a long term focus, stocks have historically provided superior returns to cash and fixed interest and the current yields on offer are substantially greater than rates being offered in term deposits.
|
Stock |
Stock Code |
Dividend Yield |
Franking |
P/E Ratio |
Current Share Price |
| ANZ Banking Group |
ANZ |
5.28% |
Fully |
15.34 |
$30.28 |
| Commonwealth Bank |
CBA |
5.10% |
Fully |
15.20 |
$82.43 |
| National Australia Bank |
NAB |
6.49% |
Fully |
347.78 |
$30.52 |
| Westpac Banking Corp |
WBC |
5.76% |
Fully |
14.53 |
$32.64 |
| Bendigo & Adelaide Bank |
BEN |
5.32% |
Fully |
14.14 |
$12.78 |
| Bank of Queensland |
BOQ |
6.32% |
Fully |
13.39 |
$12.02 |
| Suncorp Group |
SUN |
4.99% |
Fully |
16.73 |
$13.62 |
| Insurance Australia Group |
IAG |
4.33% |
Fully |
23.26 |
$6.00 |
| Telstra Corporation |
TLS |
6.15% |
Fully |
10.63 |
$5.03 |
| Wesfarmers Limited |
WES |
4.39% |
Fully |
117.21 |
$42.40 |
| Woolworths Limited |
WOW |
3.24% |
Fully |
-24.33 |
$23.78 |
Source: IRESS
