Dividend Shares
I’d buy these ASX dividend shares for passive income in October
ASX dividend shares with solid yields could be attractive in October and beyond if they can deliver passive income and capital growth.
September 28, 2023
Big money is not in the buying or selling, but in the waiting.
For my own portfolio, I like to find ASX shares that are growing their dividends. Growth is an essential part of the dividend equation for me. I want to see that the dividend increases are funded by growing earnings and/or growing underlying asset values. I also have a portion of my portfolio invested in an ETF that picks undervalued global businesses with strong competitive advantages.
For Rask Media, I have an interest in covering technology (and tech-related) businesses with a global growth story, as well as cyclical companies that are cheaply priced because they’re at a low point in the cycle, such as retailers and resource businesses which could benefit strongly in the medium-term.
ASX dividend shares with solid yields could be attractive in October and beyond if they can deliver passive income and capital growth.
October 2023 could be the right time to look at ASX shares that have long-term growth prospects, like these two.
The Pro Medicus Ltd (ASX:PME) share price is on watch after the healthcare imaging software ASX share announced a great win in Texas.
The Synlait Milk Ltd (ASX:SM1) share price is up more than 2% after releasing its FY23 result to the market.
The Qantas Airways Limited (ASX:QAN) share price is in focus after the airline gave a market update for September 2023.
The Costa Group Holdings Ltd (ASX:CGC) share price has jumped as investors learned that a takeover deal had been agreed.
The Xero Limited (ASX:XRO) share price has done exceptionally well in 2023, it’s up by 60% in 2023. Could the ASX tech share still be a buy?
The Transurban Group (ASX:TCL) share price is down 2% after the ACCC blocked the toll road business from acquiring Eastlink.
The iShares S&P 500 ETF (ASX:IVV) could be the best way to passively invest in the stock market, in my eyes.
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