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 Magellan Financial Group Ltd (ASX:MFG) share price has risen 6% after announcing its monthly funds under management (FUM) update for June.
Owners of Booktopia Group Ltd (ASX: BKG) shares are facing more bad news after the company entered administration.
I’m calling both of these ASX dividend shares buys because of their ability to pay large dividends and the relatively attractive price.
The Lendlease Group (ASX:LLC) share price has risen 3% after the business announced the sale of its US military housing business.
The ANZ Group Holdings Ltd (ASX:ANZ) share price is in focus after the Federal Treasurer approved the deal to buy Suncorp Group Ltd (ASX:SUN) Bank.
The Baby Bunting Group Ltd (ASX:BBN) share price has jumped 24% in reaction to the company’s trading update.
I think these two ASX shares have a lot of growth potential to deliver strong returns in the coming years.
BHP Group Ltd (ASX:BHP) shares are in focus today after the mining giant announced its decarbonisation progress.
The Qantas Airways Limited (ASX:QAN) share price is down 0.2% after the airline revealed another plane investment.
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