Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.
Hi team. My question is that in terms of yield, could you rank your preference of the following high paying dividend stocks to hold on a long term basis with an overlay of possible growth or whether these are just too out of favour . The stocks are PTM, RMC,PPT, &MFG. Regards Ian
Hi Ian,
Magellan (MFG), Resimac (RMC), Perpetual (PPT) then Platinum (PTM), with our clear preference for MFG. Perpetual needs to provide more insight into the current transaction, it’s all a bit complicated right now, and PTM does not have the balance sheet that MFG does.
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