Decided to have some fun and did some research to come up with the highest dividend paying stock on ASX.
I have excluded the below for obvious reasons:
- one off special div
- one off high div in the past but nothing declared in 2017
Ah, also disregarded franking percentage.
The winner is: REF - REVERSE CORP (Returning 10-12% yield for the last three years and looks like it is going to continue for the next 2 years at least)
CUP is a close second.
The list of stocks that I have also considered but excluded are: MRC, AIB, CDC, CAF, USF, TTC, AYJ, IPE, CAB, LTN
Disclaimer: I am a holder of REF
SMN Price at posting:
$1.54 Sentiment: Buy Disclosure: Held
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