Recent Australian Financial Review (AFR) article

Australian banks are attractive for income investors despite the new levy


Despite early estimates that the profit impact for the banks will be between $300 million and $400 million after the new bank levy, income-seeking investors can still count on the banks to continue to meet their dividend commitments. In this AFR article, Elio D’Amato explains why Lincoln expects the yield on bank shares to remain well above the average.

Click here to read the full article.

Please note, this is a subscriber-based publication and therefore personal logins are required to access the full article.

Buy, hold and sell recommendations:

To the extent that any of the document constitutes advice, it is general advice that has been prepared by Lincoln Indicators Pty Ltd ABN 23 006 715 573, as Corporate Authorised Representative of Lincoln Financial Group Pty Ltd ABN 70 609 751 966, AFSL 483167 without reference to your objectives, financial situation or needs. Before acting on any advice, you should consider the appropriateness of the advice and we recommend you obtain financial, legal and taxation advice before making a decision. Please refer to our Financial Services Guise (FSG) for more information at www.lincolnindicators.com.au

Lincoln, Lincoln Financial Group Pty Ltd and directors, employees and/or associates of these entities may hold interests in ASX listed companies. This position is disclosed within the Stock Doctor program and may change at any time without notice.