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JobKeeper becomes DividendKeeperJohn Kehoe, Sue Mitchell,...

  1. SilverTrade
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    11/08/20
    07:08
    Post #: 46440281

    JobKeeper becomes DividendKeeper

    John Kehoe, Sue Mitchell, Matthew Cranston and James Thomson
    Aug 11, 2020 – 12.00am

    Retailers receiving millions of dollars in federal government wage subsidies from the emergency $102 billion JobKeeper program are earning higher profits and paying significantly increased dividends to shareholders.

    Government stimulus payments to individuals and $30 billion in superannuation withdrawals are also propping up consumer spending – boosting retailer profits and shareholder returns..........

    Can we please expect some good results here too.
    MYR Price at posting: 20.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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