I can't understand why bank shares are so popular when you can...

I can't understand why bank shares are so popular when you can get a dividend paying company like fiducian. It's still paying 5.6% fully franked, but the rising market means that a rising dividend is quite likely.

Even if they keep the dividend steady, they'll use the extra cash for something: either an acquisition or buying back shares. At the end of the day, the shares might become overvalued again (as they did pre-GFC) but unless that happens, I don't see any need to sell on the horizon.

http://ethicalequities.com.au/fiducian-portfolio-services-announces-growing-operating-cashflow-asx-fps/