Tech Investors Miss Out on Record Payouts by Aussie Firms – SMH

Investors who piled into tech stocks during Covid-19 will have missed out on the record $36 billion in dividends that Australian companies declared during the February reporting season.

Much of the record payout was driven by the bumper profits and dividends of the large miners, which benefited from strong iron ore prices and were largely unaffected by lockdowns and restrictions.

Read the full report: The Sydney Morning Herald

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Jim Pollard

Jim Pollard is an Australian journalist based in Thailand since 1999. He worked for News Ltd papers in Sydney, Perth, London and Melbourne before travelling through SE Asia in the late 90s. He was a senior editor at The Nation for 17+ years and has a family in Bangkok.

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