ASX Share Ideas
FY20 preview: IAG (ASX:IAG) cancels dividend
IAG (ASX:IAG) has released a preview of its FY20 result and it has also cancelled its final dividend.
July 24, 2020
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.
IAG (ASX:IAG) has released a preview of its FY20 result and it has also cancelled its final dividend.
The Coca Cola Amatil (ASX:CCL) share price is up almost 5% after giving an update for June 2020.
The Dicker Data (ASX:DDR) share price is up around 5% after the IT wholesaler announced its final unaudited HY20 numbers at its AGM.
WHSP (ASX:SOL) and BWP Trust (ASX:BWP) are two ASX dividend shares that could be good income buys for investors in FY 2021.
Audinate (ASX:AD8) is doing a capital raising to raise up to $40 million to invest for growth and potentially fund acquisitions.
The QBE (ASX:QBE) share price is currently up around 2% after announcing an FY20 update to the market.
Baby Bunting (ASX:BBN) has announced that it achieved a large amount of underlying growth in FY20. The Baby Bunting share price is up 2% in early trading.
Is Atlas Arteria (ASX:ALX) the best ASX dividend share? It just released its update for June 2020.
Downer (ASX:DOW), the $2.1 billion engineering business, it has released some of its FY20 numbers and announced a capital raising.
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