A bit of talk about price on this forum, not much about the distributions. I was wondering what people are thinking for the current FY what the final distributions will come to. My guess is that 8 of the top ten will drop 5-10%, that RIO and BHP will drop for this year more like 50%. So, distribution should be $3.5-4.0. But it is possible some of the earnings drops I expect are lagging and may not show up in dividends until the following year.
The grossed ups have been;
2011-2012 $3.02
2012-2013 $2.81
2013-2014 $3.76
2014-2015 $4.40
2015-2016 to date $1.97
Top ten holding are;
1. Telstra Corp. Ltd.
2. Westpac Banking Corp.
3. Wesfarmers Ltd.
4. Rio Tinto
5. Commonwealth Bank of Australia
6. BHP Billiton
7. Australia & New Zealand Banking Group Ltd.
8. National Australia Bank Ltd.
9. Orica Ltd.
10. DUET Group
VHY Price at posting:
$59.26 Sentiment: Buy Disclosure: Held