Stock exchange disclosures show that over the past week retailers Adairs and Nick Scali, and dental chain 1300 Smiles, increased their dividend payouts after receiving jobkeeper funding.Stock exchange disclosures show that over the past week retailers Adairs and Nick Scali, and dental chain 1300 Smiles, increased their dividend payouts after receiving jobkeeper funding.
Hang on, doesnt Jobkeeper go to employees DIRECTLY?
👏👏👏👏 shareholders! What about the public?
But had these companies maybe not paid dividends and paid their staff when their businesses had to stop due to the virus? Dividends are part of their contracts for many and part of their salary. Everyone needs to be paid for their work
... socialism for corporates and capitalism for everyone else...
.... 2008 again
What a surprise.
All goes according to ScottyFromMarketing 's plan... coronavirus is an opportunity for increased movement of $$$ up the chain...