No. This was probably one of the better ones and likely to survive. But I don't prioritize looking for dividend plays.
Most companies on the ASX like any stock market are trashy unfortunately. Almost all racked up too much debt thinking that interest rates would stay low forever. And management paid themselves fortunes for that flawed insight.
Best to trade most of them.
My data is dated and dodgy (some might pull their divs), but a good place to start looking would be among:
GMG ELD RCU SAV APZ MES CWT PRT IEF RCY OAK SKI MRE LYL
Do me a favour and let me know if you find anything compelling..
IOF Price at posting:
$1.86 Sentiment: None Disclosure: Held
