Australian Listed Investment Companies (LICs) have long been favoured by investors for their ability to provide relatively stable and predictable dividend income. In more recent years, the structure has been embraced by self-funded retirees and Self-Managed Superannuation Fund (SMSF) investors.
Argo’s Managing Director, Jason Beddow, answers some key questions about LICs for investors seeking income, originally posted on the ASX.