Dividend of the week - Vedanta
This week the DividendMax Optimiser and Countdown combine to provide the dividend of the week. Mining stocks are currently bombed out with commodity prices under pressure and this is the time for the contrarian investor to take a stance. A lot of people are fretting about China's growth slowing, but surely this is inevitable. The Government is now focussing on higher-end productivity and wants to move away from the 'made in China' image. They are looking to increase the overall standard of living with better healthcare, education, etc. Even so, the economy still continues to grow at very high rates. If we believe all of the news coming out of America, then that means the two largest economies in the world are growing. It might not be full steam ahead, but the US is certainly moving through the gears and China is in cruise control.
