Dividend Shares
2 leading ASX 200 shares I’d buy right now and hold for years
There aren’t too many ASX 200 Index (ASX:XJO) shares that I’d gladly buy for my portfolio. But I’d go for the two in this article.
October 17, 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.
There aren’t too many ASX 200 Index (ASX:XJO) shares that I’d gladly buy for my portfolio. But I’d go for the two in this article.
The ASX share market is seeing more ups and downs than a yo-yo. I think this is an opportune time to invest.
The ELMO Software Ltd (ASX:ELO) share price has jumped 30% in trading after coming back to the market. There is takeover interest.
The Qantas Airways Limited (ASX:QAN) share price is in focus today after releasing a promising update about FY23.
Shares of private health insurance provider NIB Holdings Limited (ASX:NHF) are in a trading halt after announcing a capital raising and acquisition.
The Bank of Queensland Ltd (ASX:BOQ) share price is up more than 8% after the regional bank revealed its FY22 result.
The Baby Bunting Group Ltd (ASX:BBN) share price fell over 20% today after a trading update. Despite the negativity, I think it’s a buy.
The Cettire Ltd (ASX:CTT) share price has shot higher after the luxury online retailer announced its FY23 first quarter numbers.
The Telstra Corporation Ltd (ASX:TLS) share price is in focus as it holds its annual general meeting (AGM) and gave investors an update.
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