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.
Commonwealth Bank of Australia (ASX: CBA) has reported its result for FY20 with a dividend. Its cash profit only fell by 11.3%. The CBA share price is up 2.5%.
FINEOS Corporation Holdings PLC (ASX:FCL) has announced a US acquisition and it will do a capital raising to fund it.
Challenger Ltd (ASX:CGF) announced a painful loss in its FY20 result because of the COVID-19 market sell-off. The Challenger share price is down 3.7%.
Sydney Airport Holdings Pty Ltd (ASX:SYD) has released its HY20 report and it has announced a $2 billion capital raising.
Aurizon Holdings Ltd (ASX:AZJ) has reported its FY20 result today and announced a large share buyback worth $300 million. The Aurizon share price is down 3%.
The Kogan.com Ltd (ASX:KGN) share price will be on watch this morning after the online business revealed its July 2020 numbers.
Adairs Ltd (ASX:ADH) has announced impressive growth in its FY20 result today despite the COVID-19 store closures.
The Redbubble (ASX:RBL) share price is up more than 14% after announcing a trading update to the market for July 2020.
Insurance giant Insurance Australia Group Ltd (ASX:IAG) has announced its FY20 report, there was a big profit decline. The IAG share price is down around 1%.
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