The great news for income investors is that there are a large number of quality ASX dividend shares to choose from on the ASX.

Two that have been tipped as buys by analysts at Morgans are listed below. Here’s what the broker is saying about them:

Dalrymple Bay Infrastructure Ltd (ASX: DBI)

The ASX dividend share that has been named as a buy is Dalrymple Bay Infrastructure.

This Australian infrastructure company is the long term operator of the Dalrymple Bay Coal Terminal (DBCT), which provides terminal infrastructure and services for producers and consumers of Australian coal.

Morgans appears to believe it is well-placed to pay bumper dividends in the near term thanks to the strong demand for coal and its position as the cheapest export route-to-market for users within its Bowen Basin catchment region. It said:

DBCT offers the cheapest export route-to-market for users within its Bowen Basin catchment region. DBCT is fully contracted from 2023 to 2028. Following the successful outcome to its customer tariff negotiations, DBI should be able to deliver resilient, inflation-linked, and very high margin revenues and has provided distribution guidance that implies c.8% cash yield growing at 3-7% pa.

As for dividends, its analysts are forecasting dividends per share of ~21 cents in FY 2023 and FY 2024. Based on the latest Dalrymple Bay Infrastructure share price of $2.48, this will mean yields of 8.5%.

Morgans has an add rating and $2.67 price target on its shares.

Telstra Corporation Ltd (ASX: TLS)

Another ASX dividend share that has been named as a buy by Morgans is telco giant Telstra.

The broker likes the company due to its successful turnaround via the T22 strategy, its new growth strategy, the recently approved restructure, and positive industry conditions. In respect to the latter, it noted:

Telco has the strongest tailwinds in a decade with an increasingly rational market, price rises across the majors and the criticality of telco increasingly recognised.

In respect to dividends, the broker is expecting Telstra to continue to pay fully franked 17 cents per share dividends in both FY 2023 and FY 2024. Based on the current Telstra share price of $4.16 this equates to yields of 4.1%.

Morgans has as an add rating and $4.70 price target on the company’s shares.

The post Morgans names the ASX dividend shares to buy appeared first on The Motley Fool Australia.

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More reading

• Sunk $5,000 into Telstra shares 5 years ago? Here’s how much passive income you’ve received
• Forget term deposits and buy these ASX shares
• 7 ASX 200 shares with ex-dividend dates next week
• Morgans names 2 ASX 50 shares to buy now
• Why is Macquarie so bullish on Telstra shares?

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has positions in and has recommended Telstra Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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If you’re looking for an easy way to invest your hard-earned money next month, then exchange traded funds (ETFs) could be the way to do it.

But which ETFs might be top options right now? Listed below are three quality ETFs that could be worth considering in March:

BetaShares Global Energy Companies ETF (ASX: FUEL)

The first ETF to look at is the BetaShares Global Energy Companies ETF. With many analysts tipping oil demand to increase this year because of China’s reopening, this ETF could be worth considering. That’s because it allows you to invest in many of the largest energy producers in the world through a single investment.

Through the ETF you’ll be owning shares in the likes of BP, Chevron, ExxonMobil, and Royal Dutch Shell.

VanEck Vectors Morningstar Wide Moat ETF (ASX: MOAT)

If you’re a fan of Warren Buffett’s investment style, then it could be worth considering the VanEck Vectors Morningstar Wide Moat ETF. That’s because when Buffett looks for an investment, he has a preference for companies with sustainable competitive advantages and fair valuations. It is these qualities that this ETF has been built around.

The ETF currently contains approximately 50 companies that are deemed to be attractively priced with sustainable competitive advantages. At present, these include the likes of Alphabet, Boeing, Kellogg Co, Meta Platforms, and Walt Disney.

Vanguard MSCI Index International Shares ETF (ASX: VGS)

A final ETF for investors to consider is the Vanguard MSCI Index International Shares ETF. It could be a great option for anyone that it looking for a quick way to diversify their portfolio. That’s because this very popular fund gives investors access to approximately 1,500 of the world’s largest listed companies.

This means it provides significant diversity and also allows investors to take part in the long term growth potential of international economies. Among the shares that you’ll be owning a slice of are giants Amazon, Apple, Nestle, Procter & Gamble, Tesla, and Visa.

The post 3 excellent ETFs for ASX investors to buy in March appeared first on The Motley Fool Australia.

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More reading

• I’d aim for a million buying just a few cheap ASX shares!
• 2 ASX ETFs I’d buy for my child for the long term
• 3 ASX shares that could create lasting generational wealth
• 2 high quality ETFs for ASX investors in February
• I think this ETF is one of the best to buy on the ASX

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Vanguard Msci Index International Shares ETF. The Motley Fool Australia has recommended VanEck Morningstar Wide Moat ETF and Vanguard Msci Index International Shares ETF. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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Investors that have a higher than average tolerance for risk might want to check out the ASX growth shares listed below.

These shares have been named as buys and tipped to climb meaningfully from current levels. Here’s what you need to know:

ResMed Inc. (ASX: RMD)

The first ASX 200 growth share to buy could be ResMed. It is a medical device company with a focus on the sleep disorder treatment market. It has been tipped to continue growing at a solid rate long into the future thanks to its large and growing market opportunity. The latter is estimated to comprise almost one billion people with sleep apnoea globally and a little under half a billion people suffering from chronic obstructive pulmonary disease (COPD). And as the majority of these people are undiagnosed, ResMed has a long runway for growth.

Morgans is bullish on ResMed and has an add rating and $37.24 price target on its shares.

Pilbara Minerals Ltd (ASX: PLS)

Pilbara Minerals could be another ASX 200 growth share to buy. It is one of the largest lithium miners in the world and the owner of a collection of high quality assets. Morgans is also very positive on Pilbara Minerals and believes its shares been oversold recently. Especially given its belief that “demand in the Chinese market could increase [for lithium] from March onwards.”

Morgans currently has an add rating and $4.70 price target on this lithium miner’s shares.

Xero Limited (ASX: XRO)

A final ASX 200 growth share that has been named as a buy is Xero. It is a cloud-based accounting solution provider to millions of small businesses globally. While the company is generating significant recurring revenue from its 3.3 million subscribers, it is nothing compared to what it could be in the future. Goldman Sachs estimates that it has a total addressable market of 100 million, which gives Xero a huge growth runway over the next decade or two.

Goldman Sachs has a buy rating and $109.00 price target on its shares.

The post 3 incredible ASX 200 growth shares to buy: analysts appeared first on The Motley Fool Australia.

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More reading

• Here are the 3 most heavily traded ASX 200 shares on Monday
• Here’s what brokers are saying about the Pilbara Minerals share price
• These are my top ASX 200 growth shares to buy today
• $20k invested in these ASX shares 10 years ago is now worth over $100k
• Here are the 3 most heavily traded ASX 200 shares on Friday

Motley Fool contributor James Mickleboro has positions in Xero. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended ResMed and Xero. The Motley Fool Australia has positions in and has recommended ResMed and Xero. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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The Dicker Data Ltd (ASX: DDR) share price had a tough time on Monday.

The technology hardware, software, cloud, access control and surveillance distributor’s shares ended the day almost 3.5% lower at $8.00.

This followed the release of the company’s audited full-year results for FY 2022.

Dicker Data share price lower on results release

• Total revenue up 25% to $3.1 billion
• Earnings before interest, tax, depreciation and amortisation (EBITDA) up 9.4% to $129.8 million
• Net profit after tax down 0.7% to $73 million
• Full-year dividend down 1.2% to 41.5 cents per share

What happened during FY 2022?

Today’s results didn’t contain many surprises given that its unaudited numbers were released earlier this month.

For the 12 months ended 31 December, Dicker Data reported a 25% increase in revenue to $3.1 billion. This was driven by an 18.4% increase in Australian revenue to $2,554.7 million and a 68.1% jump in New Zealand revenue to $550.1 million.

From this, software recurring and subscription revenues across ANZ increased by 42.5% to $743.9 million. This represents approximately 24% of total revenue.

In respect to the company’s earnings, they weren’t as strong due to margin pressures. This was driven by lower-than-expected gross margins in the New Zealand business and higher operating costs. The latter was caused by its decision to invest in servicing the new customer and vendor relationships it obtained following the acquisition of the Exeed and Hills businesses.

This ultimately led to a 0.7% decline in net profit to $73 million and a 1.2% reduction in its dividend to 41.5 cents per share.

Management commentary

Dicker Data’s COO, Vlad Mitnovetski, commented:

Our performance throughout the FY22 period was strong, delivering a significant increase in revenue and delivering a gross margin of over 9.0%, in line with our guidance. Despite the one-off integration costs and significantly increased wages from onboarding hundreds of new staff, we delivered an outstanding result inside of the factors we can control.

Outlook

Management appears optimistic on the year ahead and is expecting a “prosperous year.” Particularly now the headwinds that it has been facing are almost behind it. It added:

Market demand for some technologies, such as devices, is expected to soften in FY23. The disruption caused by the pandemic, the thirst for digital transformation and the need to support hybrid workforces spurred an unnatural level of demand that has remained constant. This demand is expected to continue in 2023 despite the market dynamics settling and become more predictable. Technology refresh cycles are expected to return to pre-pandemic intervals and we expect enterprise and government to drive market demand in 2023 as they embark on the next phases of their digital transformation, while SMB spending is expected to abate. These dynamics create a unique opportunity for the Company.

The post Dicker Data share price falls on FY22 earnings and dividend decline appeared first on The Motley Fool Australia.

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More reading

• 2 quality ASX 300 shares trading at bargain-basement prices today
• These 2 ASX All Ords shares will trade ex-dividend next week
• Dicker Data share price tumbles to multi-year low. Is it too cheap to miss?
• Why AGL, Dicker Data, Megaport, and Suncorp shares are dropping
• ASX 300 tech stock Dicker Data dives 10% on full-year results

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Dicker Data. The Motley Fool Australia has positions in and has recommended Dicker Data. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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