Australian Utilities: Over-the-Top Yields From Down Under

In the search for good yields with inflation protection, many investors have neglected to look overseas, and particularly at the lower half of the globe.Australia has a number of utilities that sport tasty yields, well supported by cash flow and mostly adjusted for inflation. Tops in this sector is the Duet Group (DUETF.PK), with a whopping 12.7% payout. As Paul Hogan might say: “Now that’s a yield.” Company Symbols Market Cap. EV/EBITDA Yield Price/Book Main Business APA Group APA.AX APAJF.PK 2.2 Billion 10.3 8.4% 1.6 Gas transmission and distribution Duet Group DUE.AX DUETF.PK 1.4 Billion 8.1 12.7% 0.9 Gas transmission and distribution; electric distribution Envestra ENV.AX EVSRF.PK 800 Million 8.8 8.9% 1.6 Gas distribution Spark Infrastructure SKI.AX SFDPF.PK 1.5 Billion 6.0 8.2% 2.8 Electric Distribution SP Ausnet SPN.AX SAUNF.PK 2.4 Billion 8.3 9.3% 1.1 Electric Distribution; Gas Distribution What the Market Doesn’t Understand (Besides Vegemite) Australian companies don't feel... Read more