Buy Hold Sell: 5 stocks with monster dividends in 2024

Buy Hold Sell, by Livewire Markets

Global markets soared to new heights in 2023, with the MSCI World Index (AUD) lifting 23.2%. Lucky for income-hungry investors, this saw dividends grow with it, with payouts up 8.9% in Aussie dollar terms, according to Plato Investment Management.

While the majority of investors around the globe enjoyed increased dividend payouts in 2023 (compared to 2022), Australian investors were among the few who received less bang for their buck during the year, with dividend payouts falling 5.4%. Despite this, Australia was still the fifth-highest dividend-paying country in the world in the fourth quarter.

So, where can investors generate more dosh for their dollar in 2024? Particularly as the cost of living continues to bite our bottom lines?

In this episode, Livewire's Ally Selby was joined by Australia's two "Dividend Doctors" - Dr Don Hamson from Plato Investment Management and Michael O'Neill from IML.

They run the ruler over three stocks with high expected one-year forward yields in 2024. Plus, they each name one stock that they believe could announce a monster dividend in the year ahead.

Note: This episode was recorded on Wednesday 14 February 2024. You can read the edited transcript below.

https://www.livewiremarkets.com/wires/buy-hold-sell-5-stocks-with-monster-dividends-in-2024/