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Greetings from Downunder
#1
Hello All,

Very happy to join the DGF community...there aren't too many places like this online. Coming from Australia where we have a dividend imputation system (whereby tax credits are attached to dividends for tax paid by the company - so no double taxation occurs in the hands of the shareholder) a very strong dividend culture exists with pretty high pay out ratios. Now, obviously there are pro's and cons to this. Regardless, I am very much a dividend growth investor with a focus on strong balance sheet, a history of paying rising dividends, management's capital allocation and taking a very long term view to investing.

I invest for our family trust and family superannuation funds and hold a reasonably diverse portfolio of Australian stocks and some US compounder stocks (BRKB,MKL,Y) and have recently established a position in JNJ. I will be continuing to accumulate US and International stocks in these accounts and have a pretty good watchlist for that purpose! (I missed PM recently and close to opening a position in CVX)

I look forward to participating Big Grin
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#2
Excellent Falcon, welcome aboard. I'm looking forward to your unique perspective on ideas.

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#3
Welcome Falcon. Good to have someone from Australia here. I look forward to your input.

Ive been looking into some Aussie stocks recently considering theres a tax treaty between our counties (Canadian here) - couple that stand out as dividend growers are Westpac and BHP ...havent completed my research yet, but they are looking good as nice high yielders.
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#4
Falcon, welcome to the forum! Nice to have some perspective from another part of the world.
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“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan


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#5
(05-05-2015, 09:19 AM)Dividend Watcher Wrote: Falcon, welcome to the forum! Nice to have some perspective from another part of the world.

Thanks for the warm welcome guys. I'll post some detailed comments later Big Grin
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#6
(05-05-2015, 08:29 AM)Roadmap2Retire Wrote: Welcome Falcon. Good to have someone from Australia here. I look forward to your input.

Ive been looking into some Aussie stocks recently considering theres a tax treaty between our counties (Canadian here) - couple that stand out as dividend growers are Westpac and BHP ...havent completed my research yet, but they are looking good as nice high yielders.

To keep things simple from a tax perspective, companies that issue fully franked dividends will not apply any foreign investor withholding tax. So BHP.AX and WBC.AX are fine in that regard. I might also point you to the large Listed Investment Companies (close ended funds), the largest (and cheapest MER - all 20bps or lower) are AFI.AX , ARG.AX and MLT.AX. They have all been listed a very long time (1928, 1946 and 1958 respectively) and focus on conservative management and a rising dividend stream. All dividends are fully franked. None of them cut dividends from a cps standpoint throughout the GFC. Stable dividend growth is their focus and their management style would be familiar and comforting to North American to DG investors.

Links ;

http://www.afi.com.au/
http://www.argoinvestments.com.au/
http://www.milton.com.au/

The key like with all close ended funds is trying to pick up below NAV.......these 3 LICs are very well supported and their share price will move between +/-5% of NAV over long periods. These are not dogs that historically trade at big discounts.

Also, if anyone wants research on ASX listed stocks I have access to quite a bit and happy to try to assist Cool
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#7
Welcome Falcon!
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#8
(05-05-2015, 07:11 PM)The Falcon Wrote:
(05-05-2015, 08:29 AM)Roadmap2Retire Wrote: Welcome Falcon. Good to have someone from Australia here. I look forward to your input.

Ive been looking into some Aussie stocks recently considering theres a tax treaty between our counties (Canadian here) - couple that stand out as dividend growers are Westpac and BHP ...havent completed my research yet, but they are looking good as nice high yielders.

To keep things simple from a tax perspective, companies that issue fully franked dividends will not apply any foreign investor withholding tax. So BHP.AX and WBC.AX are fine in that regard. I might also point you to the large Listed Investment Companies (close ended funds), the largest (and cheapest MER - all 20bps or lower) are AFI.AX , ARG.AX and MLT.AX. They have all been listed a very long time (1928, 1946 and 1958 respectively) and focus on conservative management and a rising dividend stream. All dividends are fully franked. None of them cut dividends from a cps standpoint throughout the GFC. Stable dividend growth is their focus and their management style would be familiar and comforting to North American to DG investors.

Links ;

http://www.afi.com.au/
http://www.argoinvestments.com.au/
http://www.milton.com.au/

The key like with all close ended funds is trying to pick up below NAV.......these 3 LICs are very well supported and their share price will move between +/-5% of NAV over long periods. These are not dogs that historically trade at big discounts.

Also, if anyone wants research on ASX listed stocks I have access to quite a bit and happy to try to assist Cool

Thanks for the feedback, Falcon. Gives me plenty to read up and research.
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