The Rise of Special Dividends

Benson Tylstra: Dividends are an important part of an investment decision for many older Australians. The resources stocks, which until recent years weren't the biggest dividend payers, are now leading the way. BHP paid a special dividend when iron ore prices went through the roof and left it with lots of cash. Fortescue metals was next at 9%, just above BHP. Harvey Norman was pretty good at 8.7%. Then South 32 perpetual and tab core holdings. A&Z was the best of the bank, so yielding 6.6%. Still a very strong yield, right? Getting 6.6% return is pretty good, but nothing like the resource stocks