
Reliance (ASX:RWC) share price soars on FY24 result, outlook
The Reliance Worldwide Corporation Ltd (ASX:RWC) share price is up more than 9% after announcing its FY24 result and revealing its outlook.
Big money is not in the buying or selling, but in the waiting.
Charlie Munger
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 Reliance Worldwide Corporation Ltd (ASX:RWC) share price is up more than 9% after announcing its FY24 result and revealing its outlook.
The Suncorp Group Ltd (ASX:SUN) share price is up 1% after the business reported its FY24 result and gave the FY25 outlook.
The A2 Milk Company Ltd (ASX:A2M) share price has sunk 18% after reporting its FY24 result and giving its FY25 outlook.
The Westpac Banking Corp (ASX:WBC) share price is in focus after the ASX bank share reported net profit of $1.8 billion.
The A2 Milk Company Ltd (ASX:A2M) share price is up more than 5% after revealing a settlement with Synlait Milk Ltd (ASX:SM1).
The GQG Partners Inc (ASX:GQG) share price is down more than 1% after reporting its HY24 result, with strong profit and dividend growth.
The National Australia Bank Ltd (ASX:NAB) share price is under the spotlight today after reporting its FY24 third quarter update.
The Cochlear Ltd (ASX:COH) share price dropped 7% in response to the company’s FY24 result and FY25 outlook.
The Magellan Financial Group Ltd (ASX:MFG) share price is up more than 9% after reporting its FY24 result and an investment.
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