Australian Dividend Stocks – Stay Positive As The Good Times of ASX is not Going to End Soon
In Australian Stock Market, there were rumors about fake crisis situations amongst investor community but instead of focusing on such rumors of becoming market suddenly quite bearish you should focus on what is more important to you means to say investing and only investing in stocks that can give you great returns! Not only the dividend paying stocks I am talking about. World's most famous legendary investor Jeremy Grantham in his recent newsletter said that bull market never end in just one or two years in-fact far more possibilities are attached with it. In his own words below-
‘The bull market may come to an end any time, indeed as I write it may already have happened. It could be derailed by disappointing global growth, profits sagging as deficits are cut, a Russian miscalculation, or, perhaps most dangerous and likely, an extreme Chinese slowdown. ‘But I believe it probably will not end for at least a year or two and probably not before it reaches a level in excess of 2,250 on the S&P 500.’ Now if you at the market data you can get a sense how right Grantham can be in the current scenario. I am here attaching a screen shot which will make it more clearly to you guys.
As we can see all the local stock market indices are up by some % and this trend is going on and on from quite some time so it's a good thing for investors and we should keep ourselves as positive. Perhaps this is the best time to buy stocks so here I am giving some of the best dividend paying stocks from Asx Stock Market in Australia.
Coca-Cola Amatil Ltd(CCL:AU)
Stock Price: 9.1000
52 Week Range:9.0000 – 13.3729
1 Yr Return: -24.70%
Current P/E: 86.2559
Estimated P/E:16.1348
Earnings Per Share: 0.1055