Today's ASX news
QBE (ASX:QBE) shares rise on FY20 update
The QBE (ASX:QBE) share price is currently up around 2% after announcing an FY20 update to the market.
July 22, 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.
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.
The Kogan.com (ASX:KGN) share price has risen around 3% after giving a June 2020 business update.
The BHP (ASX:BHP) share price will be on watch this morning after the big resources business announced its FY20 production numbers.
There are some ASX growth shares that are so good they could be worth a spot in every portfolio including Altium (ASX:ALU) and A2 MIlk (ASX:A2M).
The Catapult (ASX:CAT) share price is up more than 8% after the company announced positive free cash flow in FY20.
The FlexiGroup (ASX:FXL) share price is up more than 4% after announcing a Q4 FY20 update for buy now, pay later operator humm.
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