2023年7月16日

这里有三件事来避免投资者寻求收益。特里斯坦哈里森已经2016年10月以来傻瓜式的贡献。他有一个高级文凭的会计技术人员协会(英国),目前正在研究特许管理会计师协会。特里斯坦的目标是帮助澳大利亚人了解大企业在澳交所上市,这将有助于增加他们的投资组合,财富和对长期投资的信心。他是一个敏锐的网球爱好者,不能等待下一个澳网周而复始。最新文章特里斯坦哈里森(见)图片来源:盖蒂图片社你阅读免费的意见可能不同于条傻瓜式的高端投资服务。成为一个傻瓜式成员今天得到即时访问我们的高级分析师建议,深入研究,投资资源,等等。了解更多要点提高派息比率可以降低长期收益美元由资本增长一样被动收入美元拥有ASX股息股票可以是非常有益的,但也有一些缺陷,投资者应避免如果他们目标被动收入。当我们思考一些最知名的股息支付澳交所股票,我们可能认为的名字像澳洲联邦银行(ASX: CBA)和必和必拓集团有限公司(ASX:必和必拓)。但是这样家喻户晓的名字可能不是最好的,自己的长期。 Here are three things that passive income investors often get wrong in their choice of ASX dividend shares. Mistake 1: Bigger yields are better Bigger dividends yields aren’t necessarily better, in my view. It might be easy to say that BHP’s projected grossed-up dividend yield of 7.4% for FY24 (according to Commsec) makes it a better passive income choice than Bunnings owner Wesfarmers Ltd ( ASX: WES ) which could pay a grossed-up dividend yield of 5.6% in FY24. For starters, a business with a bigger dividend yield may have a higher risk of the payment being cut to shareholders. As well, miner dividends typically move up and down as commodity prices go through cycles. At the same time, Wesfarmers is expected to grow its annual dividend per share each year to FY25, as well as grow its earnings. I don’t think there’s much point in getting a 10% dividend yield if there’s a significant chance of a share price decline of 20%. Mistake 2: High dividend payout ratios don’t matter I think they do matter. The dividend payout ratio describes how much of the company’s profit it pays out as a dividend each year. The higher the payout ratio, the bigger the cash payments that shareholders are getting. However, it also means that companies can have less cash on their balance sheets and less money to re-invest for future growth. That can affect investing back into the core business, starting a new division, or making an acquisition . Ultimately, the more passive income that businesses are paying out to shareholders, the more it can hinder a company’s ability to deliver good capital growth over time. Mistake 3: Passive dividend income is more important than capital growth A dollar is a dollar, whether it comes from dividends or capital growth. I think they’re equally important. It’s great that dividends from Australian companies can come with franking credits attached, but $1 of capital growth is worth just as much as $1 of (grossed-up) passive income. Currently, investors can get a 50% capital gains discount when they sell a share at a profit if that investment has been held for at least 12 months. That’s a helpful factor in offsetting some of the financial gains of capital growth for a lower tax burden. When I think about which ASX shares have delivered the strongest total returns over the last year — or the last decade — it’s capital growth that has delivered the biggest returns. This has been true for names like Pro Medicus Ltd ( ASX: PME ) and Altium Limited ( ASX: ALU ), though that’s not to say whether those names remain incredible value today. Motley Fool contributor Tristan Harrison has positions in Altium. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Altium and Pro Medicus. The Motley Fool Australia has positions in and has recommended Wesfarmers. The Motley Fool Australia has recommended Pro Medicus. The Motley Fool has a disclosure policy . This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. More on Dividend Investing