The $2.7 billion Milton Corporation is loading up its portfolio with dividend-paying stocks this year, using the market volatility as a chance to snap up quality companies.
The 58-year-old listed investment company spent $40 million on beefing up its stakes in large cap companies during the six months to December, and has another $100 million of cash to deploy this new year.
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Ruth Liew writes on business specialising in Insurance, wealth management and financial services. Ruth is based in our Sydney newsroom. Connect with Ruth on Twitter.
