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Home / Author: Peter Rae

Peter Rae

LIC reporting season wrap for 2017

LICs have generally retained their dividends despite some softness in income received from underlying investments, and three prominent, longstanding LICs are worth a look at current prices.

Peter Rae
21 September 2017

Summary of LIC performance over a solid year

A review of the Listed Investment Company landscape, including where value lies in LICs trading at a discount, but also the healthy premiums where caution is needed in case the popularity of the manager wanes.

Peter Rae
9 August 2017

Do LIC options provide investors with value?

It’s common practice for LICs to issue ‘free’ options with their initial public offerings to offset the effect of listing costs on NTA. So, why are LIC options rarely exercised?

Peter Rae
27 April 2017
2

Why LICs differ in dividend sustainability

With the majority of Listed Investment Companies reporting lower earnings in the six months to 31 Dec 2016, it's the LICs with adequate profit reserves that can offer dividend sustainability for investors.

Peter Rae
9 March 2017
6

Focus on LIC dividend sustainability

There are many LICs with current dividend yields above the average of 4.4%, often fully franked, and there are ways to know whether the dividend is likely to be sustainable. Not all LICs are managed the same way.

Peter Rae
7 October 2016
2

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