Income investors are banking on the strong start for the iron ore price in 2025 to bolster returns from the ASX’s mining giants amid an otherwise lacklustre outlook for shareholder payouts this year.
While Aaron Binsted, portfolio manager of Lazard’s Australian equity income fund, is expecting “modest” dividend growth across the ASX, he is hoping for “better mining dividends” should the early rally in iron ore continue to extend the price above the key $US100 a tonne level.
Source: https://www.afr.com/markets/equity-markets/investors-bank-on-iron-ore-saving-dividends-in-2025-20241217-p5kz1i