ASX Bank Shares
FY22 result: CBA (ASX:CBA) share price in focus on bigger dividend
The Commonwealth Bank of Australia (ASX:CBA) share price is in focus as it reported its FY22 result and revealed a bigger dividend.
August 10, 2022
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 Commonwealth Bank of Australia (ASX:CBA) share price is in focus as it reported its FY22 result and revealed a bigger dividend.
The Megaport Ltd (ASX:MP1) share price has jumped 10% higher after reporting its FY22 result which showed strong revenue growth.
The REA Group Limited (ASX:REA) share price has gone up in response to the FY22 report which showed more profit and dividend growth.
The National Australia Bank Ltd (ASX:NAB) share price is under the spotlight after reporting its FY22 third quarter.
The Suncorp Group Ltd (ASX:SUN) share price is down 4% after the ASX 200 (ASX: XJO) insurer announced its FY22 result.
The BHP Group Ltd (ASX:BHP) share price is under the microscope after trying to acquire OZ Minerals Limited (ASX:OZL).
The Block Inc (ASX:SQ2) share price is currently down 6% after the business reported its result for the period to June 2022.
The Magellan Financial Group Ltd (ASX:MFG) share price is under the spotlight after announcing its July FUM update.
The Lynas Rare Earths Ltd (ASX:LYC) share price has gone up by 6.6% after announcing a $500 million expansion for Mt Weld.
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