franking credits – Income Factory

Soul Patts FY26: The Good, the Bad and the Ugly for Income Investors

25/09/2026 by Jay

Watercolour illustration of a diversified investment factory generating steady dividend income, with separate asset-class compartments and a valuation gauge highlighting the balance between income quality and price.

Soul Patts has delivered its 28th consecutive year of dividend growth, but the headline 502% profit surge tells only part of the story.

LIC Discounts: Bargain or Warning Sign? A 6-Point Check Before Buying Below NTA

10/09/2026 by Jay

Australian income investor comparing an LIC's market price with its net tangible assets, supported by a six-point checklist, dividends and portfolio assets.

A discount to NTA can look like free value, but it may also be a warning. Here are six checks I would make before adding a discounted LIC to an income portfolio.

Stop Chasing Yield: 7 Checks I Make Before Trusting a Dividend

03/09/2026 by Jay

Watercolour illustration of an Australian income investor checking company accounts, cash flow and dividend quality before adding income to a diversified portfolio.

A high dividend yield is only useful if the business can keep paying it. Here are seven checks I use before trusting the headline number.