It may take until 2023 for most ASX-listed companies to fully restore dividends to pre-COVID-19 levels, but there is a “meaningful” rebound under way that will cheer investors over the next year, the managing director of the $6 billion Argo Investments says.

Jason Beddow says the big four banks will probably be among those increasing dividends significantly and he is generally optimistic about the outlook for the Australian economy over the next year.