"A high-yielding share that might be of interest (MLB.ax): Melbourne IT is involved in domain name registration and providing internet solutions mainly in Australia. It yields approximately 8%, and as far as I can remember has not dropped its dividend payments in the last 6-7 years that I have owned it. More importantly, it has now broken its long downtrend and all the MA's have turned upwards. Turnover volume is a bit low though."

David Fuller's view Thanks you so much for this interesting contribution provided in the spirit of Empowerment Through Knowledge. Collectively, our ongoing search for global equity yield, backed by promising chart patterns, will produce better results than most individual efforts.

Technically, Melbourne IT (p&f & weekly) had been what I call a sleeper until its clear outperformance relative to the AS51 (note potential key forming) since February. Just beginning to emerge from its base, MLB looks like a promising recovery candidate to me. Bloomberg lists MLB's current yield at a whopping 9.65%, coverage 1.42, and the p/e is just under 10.50 on both a historic and estimated basis. Presumably there is a reason why MLB had underperformed until recently and subscribers are advised to do their own due diligence where possible.