Income-seekers hurting capex
Jan 06, 2013 (The Australian Financial Review - ABIX via COMTEX) --
High-yielding stocks are expected to remain popular among investors in 2013. Strong demand for such equities may have negative consequences. Growth will be compromised if companies do not resist pressure from investors to increase dividend payouts. Robert Buckland, head of global equity strategy at Citi, says a healthy balance must exist between dividend payout ratios and capital expenditure.
Publication Date: 5 January 2013
CITI AUSTRALIA PTY LTD
RESERVE BANK OF AUSTRALIA
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