Insurance Australia Group (IAG) - Dividend Yield (6.86%)
income stocks
We
know that IAG offers great market power as part of an Australian
insurance duopoly inside an underinsured market. It is leveraged with an
eventual east coast recovery having a positive Gross Written Premium
(GWP) outlook and near double digit earning per Share growth in the
medium term. The present business structure is really attractive by
which they may have de risked by de - emphasizing UK in favor of high
growth Asia.
dividends
Spark Infrastructure Group (SKI) - Dividend Yield (6.47%)
Spark
Infrastructure Group is an Australia-based company is involved in the
investment in electricity distribution businesses in South and Victoria
Australia. Spark is a solid company with investments in Australian
electricity distribution networks generating highly secure income within
transparent regulatory regime. Capital expenditure on upgrading and
expanding networks adds to the regulated asset base (RAB) and definately
will drive revenue higher eventually.
Southern Cross Media (SXL) - Dividend Yield (7.06%)
We
highlight the appeal of the 7% dividend yield. We love SXL because of
the resilient nature from the radio in conjunction with our view that
SXL has been oversold depending on the perceived risks at today FM.
Within the regional areas there is strong result with 6% Earnings before
Income Depreciation, Amortization and Tax (EBITDA) growth to $65m on 2%
revenue growth to $195m.
Seven West Media (SWM) - Dividend Yield (6.12%)
Seven’s
television network has delivered its fourteenth consecutive 50 % of
ratings leadership, attracting 40% of viewers. We expect this
performance to go on into the second half. The organization expects low
to mid-single digit growth for your remainder in the fiscal year. We
view this softness in expenditure indicating industry weakness as
advertisers put more resources to the online sources. In spite of this
pessimistic outlook we expect the margins to stay stable since the
company shifts from more costly U.S content to a greater portion of
higher margin content produced in house which can be currently 50% in
the total content pool. We know seven West Media can extract higher
margins from the local content while retaining a highly engaged and
consolidated audience.
STW Communications (SGN) - Dividend Yield (6.28%)
STW
Communications Group is Australia’s largest local marketing
communications group. SGN also has operations based in Nz and a small
but emerging footprint in Southeast Asia. SGN features a strong momentum
heading into 2014. NZ and the offshore investing arenas are delivering
solid growth. Management described the brand new business pipeline as
encouraging. Management expect FY14 NPAT to cultivate mid-single digits.
This really is before any new acquisitions.
Decmil Group (DCG) - Dividend Yield (5.92%)
Decmil
Group provides engineering and construction services for the Australian
energy and Resources sectors. The organization focuses on accommodation
facilities and villages along with civil works. The organization is
increasingly diversified without any longer depends on winning very
large contracts. The 2 Manus Island contracts using the Department of
Border and Immigration Protection adds material diversification.
Note - These dividend yields are current in the date of publishing this post (06/04/2014)
Disclaimer
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provides general advice on securities. Kalkine does not provide advice
that takes into account your, or anybody else’s investment objectives,
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the date of publication and may change without notice. Employees and/or
associates of Kalkine Pty Ltd may hold one or more of the stocks
reviewed on this website. On the date of publishing this report
(mentioned on the website), employees and/or associates of Kalkine Pty
Ltd currently hold positions in: BHP, BKY, KCN, PDN, and RIO. These
stocks can change any time and readers of the reports should not
consider these stocks as advice or recommendations.
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