Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.
advocating "buying weakness" Hi Team, With banks under the spotlight and prices dropping if you had no exposure and with Dividends and reporting in May. Would you buy the banks for dividends? What do you expect each bank ANZ, NAB WBC to be paying? Cheers Craig
Hi Craig,
Firstly, below are what we are looking for from the three “Big Four Banks” reporting in May:
There are some attractive dividends flowing through next month which as a sector has detracted from the ASX’s relative performance badly over recent weeks – at the time of writing this the ASX200 was trading up ~3% for April while the US S&P 500 is up more than +9%.
We are advocating buying weakness in 2026 but certainly wouldn’t be “loading up” on the banks after the recent commentary from the likes of Westpac which started the recent pullback by the local market. Our Active Growth Portfolio holds ANZ and WBC, our preferred two Big Four names, but we are underweight with only a 11% position across the two. In answer yto your question, we would be accumulating here if we had no exposure, but not being too aggressive.
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