ASX Bank Shares
Westpac (ASX:WBC) share price in focus as FY23 profit soars
The Westpac Banking Corp (ASX:WBC) share price is under the spotlight after the major ASX bank share released its FY23 report.
November 6, 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.
The Westpac Banking Corp (ASX:WBC) share price is under the spotlight after the major ASX bank share released its FY23 report.
The Block Inc (ASX:SQ2) share price has jumped 23%. The market loved its 2023 third-quarter announcement and profit upgrade.
The Macquarie Group Ltd (ASX:MQG) share price is under the spotlight today after releasing its FY24 half-year result.
I like seeing the ASX share market go up and down because it gives us a better chance of investing at a price that can create good outperformance.
The CSR Limited (ASX:CSR) share price is in the spotlight today after announcing its FY24 half-year result.
It looks like a great time to buy ASX dividend shares because of how many have been sold off. Yields are much higher, so here are two I’d buy.
The BHP Group Ltd (ASX:BHP) share price is under the spotlight today after the ASX mining share announced another huge investment in potash.
The Liontown Resources Ltd (ASX:LTR) share price is currently in the red after the ASX lithium share’s quarterly update.
Treasury Wine Estates Ltd (ASX:TWE) shares are currently halted as the wine business makes a very large acquisition.
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