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| Company Name | % of Total Stock Portfolio | |
| 1 | Commonwealth Bank | 6.7% |
| 2 | Macquarie Group | 6.2% |
| 3 | Transurban Group | 4.6% |
| 4 | Woolworths Limited | 4.6% |
| 5 | BHP Billiton | 4.5% |
| 6 | National Australia Bank | 4.5% |
| 7 | APA Group | 4.4% |
| 8 | Wesfarmers Limited | 3.8% |
| 9 | Sydney Airport | 3.4% |
| 10 | Ramsay Healthcare | 3.0% |
| 11 | Woodside Petroleum | 3.0% |
| 12 | Telstra Corporation | 2.9% |
| 13 | TPG Telecom | 2.7% |
| 14 | ASX Limited | 2.6% |
| 15 | New Hope Corporation | 2.6% |
| 16 | Westpac Banking Corporation | 2.6% |
| 17 | AGL Energy Limited | 2.4% |
| 18 | Sonic Healthcare | 2.3% |
| 19 | IAG Limited | 2.2% |
| 20 | Invocare Limited | 1.7% |
| 21 | Magellan Financial Group | 1.6% |
| 22 | ANZ Banking Group | 1.6% |
| 23 | Coles Group | 1.5% |
| 24 | ARB Corporation | 1.4% |
| 25 | Harvey Norman | 1.3% |
| Cash and cash equivalents | 7.5% | |
| Total of Top 25 plus cash and cash equivalents |
85.6% |
Business Overview
BKI is a research driven, Listed Investment Company, investing for the long term in profitable, high yielding, well managed companies. Listed on the Australian Stock Exchange (BKI.ASX) with the equity portfolio managed by Contact Asset Management, an investment in BKI gives shareholders access to a diversified Australian equity portfolio.
Growing Fully Franked Dividends
BKI’s Board & Portfolio Managers are shareholders in BKI. We invest for the long term and focus on creating wealth for all shareholders by keeping costs low and increasing fully franked dividends and capital growth.
As at 30 November 2019, BKI’s fully franked dividend yield was 5.1% (based on the immediate past 12 month rolling dividend** and share price of $1.64), while the grossed-up yield was 6.4% # (tax rate of 30%).
BKI has paid out over $640m or $1.02 per share in Dividends and Franking Credits to Shareholders since listing.
Pre-Tax Net Tangible Assets: $1.70
Post-Tax Net Tangible Assets: $1.58
Board of Directors
Robert Millner (Chairman), Alex Payne, David Hall, Ian Huntley, Jaime Pinto (Company Secretary).
Investment Management
Contact Asset Management provides investment management services in accordance with the directions of the BKI Board and BKI Investment Committee.
Tom Millner (Director – Portfolio Manager)
Will Culbert (Director – Portfolio Manager)
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**Includes FY2019 Final Ordinary Dividend of 3.70cps and FY2019 Interim Dividend of 3.625cps and Special Dividend of 2.50cps,
# Based on share price as at 30 November 2019. Grossed up yield includes franking credits and is based on a tax rate of 30%.