Dividend Shares
Woolworths (ASX:WOW) share price in focus on mixed HY24 update, huge impairment
The Woolworths Group Ltd (ASX:WOW) share price is down after revealing its HY24 update and a massive impairment.
January 29, 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.
The Woolworths Group Ltd (ASX:WOW) share price is down after revealing its HY24 update and a massive impairment.
The Fortescue Metals Group Ltd (ASX:FMG) share price is up more than 1% after its December 2023 update with strong iron ore prices.
The Domino’s Pizza Enterprises Ltd (ASX:DMP) share price is down 30% after the company provided a trading update for the first half of FY24.
The Kogan.com Ltd (ASX:KGN) share price has gone bananas. It’s up by 16% today after releasing its FY24 first half update.
The Pilbara Minerals Ltd (ASX:PLS) share price is under the spotlight today after the ASX lithium share reported its December 2023 update.
The Judo Capital Holdings Ltd (ASX:JDO) share price has soared 18% after the bank announced its FY24 first half update.
The Baby Bunting Group Ltd (ASX:BBN) share price has suffered a sizeable fall after its FY24 first half update.
The Zip Co Ltd (ASX:ZIP) share price is under the spotlight after reporting its FY24 second quarter and half-year profit.
The Whitehaven Coal Ltd (ASX:WHC) share price is up 4% after the ASX coal share’s December 2023 quarterly update.
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