Dividend Shares
Does the Fortescue (ASX:FMG) share price offer a 36% dividend yield?
Does the current Fortescue Metals Group Limited (ASX:FMG) share price really offer a dividend yield of 36%?
October 7, 2021
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.
Does the current Fortescue Metals Group Limited (ASX:FMG) share price really offer a dividend yield of 36%?
The Magellan Financial Group Ltd (ASX:MFG) share price is down after it announced its quarterly funds under management (FUM) update.
The A2 Milk Company Ltd (ASX:A2M) share price is down 4% right now after news of a class action launched by Slater & Gordon (ASX:SGH).
The Volpara Health Technologies Ltd (ASX:VHT) share price is rising after the company released its FY22 second quarter.
I’ve got my eyes on some quality ASX growth shares that could be opportunities in October 2021, including Pushpay Holdings Ltd (ASX:PPH).
The Fortescue Metals Group Limited (ASX:FMG) share price is one to watch after it announced a target to achieve net zero Scope 3 emissions.
The Baby Bunting Group Ltd (ASX:BBN) share price is on watch after providing a trading update for FY22, with growth returning..
The Commonwealth Bank of Australia (ASX:CBA) share price is up 4% as it finished its share buyback with strong demand.
The Nick Scali Limited (ASX:NCK) share price has gone up around 10% after revealing the acquisition of the Plush-Think Sofas business.
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