Search by ticker code:
Generic filters

Search by ticker code:
Generic filters

Search by ticker code:
Generic filters

ASX 200 (XJO) To Open Higher, 3 ASX Shares To Watch

The ASX 200 (INDEXASX: XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) rose by 1.21% on Monday.

Australian Dollar ($A) (AUDUSD): 67.59US cents

Dow Jones (DJI): up 0.96%

Oil (WTI): $US55.97 per barrel

Gold: $US1,496 per ounce

ASX Sharemarket News

In ASX sharemarket news, BHP Group Ltd (ASX: BHP) reported that revenue from continuing operations rose by 3% to US$44.23 billion. Discontinued operations refers to onshore US assets that were sold for US$10.8 billion.

BHP’s continuing operations underlying EBITDA (click here to learn what EBITDA means) fell by less than 1% to US$23.16 billion. Continuing operations profit rose by 1% to US$16.1 billion but underlying attributable profit declined by 2% to US$9.47 billion.

BHP’s dividend policy is to pay at least 50% of its underlying attributable profit each reporting period, equating to 53 US cents per share for this report.

The BHP Board is also going to pay an additional 25 US cents per share, bringing the final dividend to US 78 US cents per share, an increase of 13% compared to FY18.

[ls_content_block id=”15758″ para=”paragraphs”]

Kogan.Com Ltd (ASX: KGN) is another business to report its FY19 result.

Gross sales increased by 12% to $551.8 million, EBITDA rose by 15.6% to $30.1 million, net profit went up 21.9% to $17.2 million and the active customer base rose by 15.9% to 1,609,000.

Kogan.Com’s Board decided to declare a final dividend of 8.2 cents per share, bringing the total year dividend to 14.3 cents per share – an increase of 10%.

Popular Stories:

Employment business SEEK Limited (ASX: SEK) reported that revenue increased by 18% to $1.54 billion.

Reported EBITDA rose by 5.5% to to $455 million, underlying net profit rose ever so slightly to $229 million and reported net profit jumped 245% to $52.2 million.

[ls_content_block id=”14947″ para=”paragraphs”]

[ls_content_block id=”18380″ para=”paragraphs”]

$50,000 per year in passive income from shares? Yes, please!

With interest rates UP, now could be one of the best times to start earning passive income from a portfolio. Imagine earning 4%, 5% — or more — in dividend passive income from the best shares, LICs, or ETFs… it’s like magic.

So how do the best investors do it?

Chief Investment Officer Owen Rask has just released his brand new passive income report. Owen has outlined 10 of his favourite ETFs and shares to watch, his rules for passive income investing, why he would buy ETFs before LICs and more.

You can INSTANTLY access Owen’s report for FREE by CLICKING HERE NOW and creating a 100% FREE Rask Account.

(Psst. By creating a free Rask account, you’ll also get access to 15+ online courses, 1,000+ podcasts, invites to events, a weekly value investing newsletter and more!)

Unsubscribe anytime. Read our TermsFinancial Services GuidePrivacy Policy. We’ll never sell your email address. Our company is Australian owned.

Information warning: The information on this website is published by The Rask Group Pty Ltd (ABN: 36 622 810 995) is limited to factual information or (at most) general financial advice only. That means, the information and advice does not take into account your objectives, financial situation or needs. It is not specific to you, your needs, goals or objectives. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. Please read our Terms and Conditions and Financial Services Guide before using this website. The Rask Group Pty Ltd is a Corporate Authorised Representative (#1280930) of AFSL #383169.

Skip to content