Dividend Shares
2 ASX dividend shares I’d buy in June 2024 and hold forever
I love owning ASX dividend shares because of how easy it is to receive dividends every year. I’ll talk about two I’d buy now for dividends.
May 27, 2024
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.
I love owning ASX dividend shares because of how easy it is to receive dividends every year. I’ll talk about two I’d buy now for dividends.
I’d buy the two ASX shares in this article in a heartbeat because of the value on offer and the potential for returns.
The Xero Limited (ASX: XRO) share price has jumped 7% after the ASX tech share reported its 2024 financial year result.
The BHP Group Ltd (ASX:BHP) share price is in focus after the ASX mining share announced it had made another offer for Anglo American plc (LON: AAL).
The Challenger Ltd (ASX: CGF) share price is up 1% after the business announced it’s extending the reinsurance partnership with Mitsui Sumitomo Primary Life Insurance.
The Webjet Ltd (ASX:WEB) share price has jumped 8% after reporting a strong FY24 result and revealing it’s planning to separate its businesses.
The Telstra Group Ltd (ASX:TLS) share price is down 2% after the company announced potential job cuts and FY25 guidance.
The TechnologyOne Ltd (ASX:TNE) share price is under the spotlight after reporting its FY24 half-year result.
The Elders Ltd (ASX:ELD) share price is under the spotlight after reporting its FY24 first-half result which showed a big profit decline.
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