Livewire Buy Hold Sell: 5 small caps with rock solid dividends
14 August 2020
The financial fallout from COVID-19 is now in plain sight as the first wave of results which fully capture the damage from forced lockdowns are released to the market. For income investors, the profit drops and subsequent dividend reductions (or lack of increases) from traditional payers such as CBA, Telstra and Transurban are sobering.
But while blue-chip yield companies are suffering, opportunities are brewing in the world of small caps, where select businesses are thriving and boosting payouts. Victor Gomes makes his debut on this episode of Buy Hold Sell, discussing five stocks within the small-cap universe offering solid and sustainable dividends with the potential for capital growth.
The stocks discussed range from a retailer tapping into the online shopping boom and churning out a 5%+ fully franked dividend to a defensive technology company with pricing power and a solid 4.4% yield.