Dividend Shares
Accent (ASX:AX1) share price sinks on FY24 trading update
The Accent Group Ltd (ASX:AX1) share price is down over 10% after the shoe retailer revealed a FY24 trading update.
November 17, 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 Accent Group Ltd (ASX:AX1) share price is down over 10% after the shoe retailer revealed a FY24 trading update.
The Fortescue Metals Group Ltd (ASX:FMG) share price is in focus after announcing a new asset initiative for its green energy segment.
The A2 Milk Company Ltd (ASX:A2M) share price has climbed 4% after the infant formula business gave a FY24 update.
The Sonic Healthcare Ltd (ASX: SHL) share price is down after the company gave a trading update and announced an acquisition.
The ASX 200 (ASX: XJO) share market is having a strong day, it’s up by 1.4% to more than 7,100 points. What’s going on?
The Aristocrat Leisure Limited (ASX:ALL) share price is under the spotlight after announcing its FY23 report.
The Telstra Group Ltd (ASX:TLS) share price is under the spotlight after revealing a major plan to invest in intercity fibre routes.
The Commonwealth Bank of Australia (ASX:CBA) share price is under the spotlight after it reported its FY24 first quarter update.
The Boral Limited (ASX:BLD) share price is up around 5% after the business updated its guidance for FY24.
Want to level-up your analytical skills and investing insights but don’t know where to start? Join 50,000 Australian investors on our mailing list and we’ll send you our favourite podcasts, courses, resources and investment articles every Sunday morning. Grab a coffee and let Owen and the team bring you the best insights.
By downloading, you agree to receive emails from us. You can unsubscribe anytime.
Here you go: A $50,000 per year passive income special report
Join more 50,000 Australian investors who read our weekly investing newsletter and we’ll send you our passive income investing report right now.
Simply enter your email address and we’ll send it to you. No tricks. Unsubscribe anytime.
Read our Terms, Financial Services Guide, Privacy Policy. We’ll never sell your email address. Our company is Australian owned.