
2 ASX dividend shares I’d buy instantly for income in August 2024
ASX dividend shares can be a great source of income for investors, so I’m going to talk about two ideas for August.
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.
ASX dividend shares can be a great source of income for investors, so I’m going to talk about two ideas for August.
The Audinate Group Ltd (ASX:AD8) share price has sunk 35% in response to the company’s FY24 result and FY25 outlook.
The Woodside Energy Group Ltd (ASX:WDS) share price is under the spotlight after announcing a major ammonia acquisition.
The Ramsay Health Care Ltd (ASX:RHC) share price down 2% after giving an update about items affecting its FY24 result.
The ASX share market is throwing up a lot of volatility in August, giving us
The Pinnacle Investment Management Group Ltd (ASX:PNI) share price has risen in response to its impressive FY24 result.
The Resmed Inc (ASX:RMD) share price is under the spotlight today after reporting a strong result for June 2024.
Commonwealth Bank of Australia (ASX:CBA) shares are under the spotlight after the bank announced some impacts for the upcoming FY24 result.
The Siteminder Ltd (ASX:SDR) share price has jumped 5% after the ASX tech share announced a strong FY24 trading update.
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