Drew Meredith

speaker

386 appearances 1 recordings 1 series first heard Jan 2023 last heard Jan 2023

Drew Meredith’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months

No recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.

Appearances

newest first · ▶ plays the moment

Australian Finance Podcast · 📈 3 dividend income stocks for 2023 | ft. financial adviser Drew Meredith · 26 Jan 2023 podcast

Profits falling there.

And then they went online.

They bought Catch the Day or Catch Group.

Have you had him as a guest before?

Is it Leibovitz?

Oh, right.

And I think the one, the bidding war for the Australian pharmaceuticals.

So that's like supplying.

So diverse range, and I think that's probably key to why I picked them as a dividend stock.

While Bunnings dominates revenue or earnings at like 80%, they've got multiple sources of income.

Exactly.

You want to reduce as much risk as you can.

And if you're relying on it for dividends and you think there might be less growth as a result, you want to make sure the companies that are backing that dividend or the operations backing it aren't going up and down every month.

They're not relying on a single commodity price or anything like that.

So the way management is using the profit or the retained profit of that company to reinvest in themselves, whether that's going and acquiring a business, adding a new source of operations, finding new streams and new customer bases within.

And they've got seven businesses.

I think six of them were growing, Kmart being the only one.

That's why I didn't leave with Kmart.

But yeah, how is that management using the money that they're creating or the profits they're creating to grow their business going forward?

And you want growing earnings to support a growing dividend at the same time.

Showing 121–140 of 386 · page 7 of 20