In Five crucial facts the mainstream has ignored (23 April), I demonstrated that “Australian equities have entered an earnings depression – and the market has mispriced it … egregiously.” Earnings finance dividends; so what, in the midst of Australia's bogus boom (19 May), are this depression’s implications for payouts? In this article I substantiate five more crucial facts. … [Read more...] about Australia’s dividend recession
Chris Leithner