Stock Pick

  • 3 ASX dividend shares to diversify your income

    Diverse income streams

    I think there are some great ASX dividend shares. You may want to find different sources of income from the typical dividend shares people go for.

    This doesn’t mean shares like Australia and New Zealand Banking Group (ASX: ANZ) or Sydney Airport Holdings Pty Ltd (ASX: SYD). Who knows if they will even pay something during 2020 because of the coronavirus?

    I think the below ASX dividend shares could be great, diversified options for income:

    Duxton Water Ltd (ASX: D2O)

    Duxton Water is a company that owns water entitlements. It then leases them out to agricultural businesses. It has a portfolio of water from different entitlement regions, it’s trying to progressively lease out more of them.

    This increased earnings visibility has allowed management to forecast that the Duxton Water dividend can grow every six months for the next two years. After that it may depend on how much rain there has been (or not).

    The company is currently trading at a sizeable discount to its net tangible assets (NTA). The forward grossed-up dividend yield amounts to 6.25%.

    Brickworks Limited (ASX: BKW)

    Brickworks is one of the best ASX dividend shares in my opinion. It hasn’t decreased its dividend for more than four decades.

    The business is split into three key segments.

    The first segment is its large shareholding of Washington H. Soul Pattinson and Co. Ltd (ASX: SOL) which owns a diversified and growing portfolio of businesses in different industries. Soul Patts continues to grow its dividend for all shareholders, including Brickworks.

    The second segment is its 50% stake of an industrial property trust, the co-partner is Goodman Group (ASX: GMG). This trust is generating reliable cashflow, long-term capital growth and there are more projects which will be completed in the coming years.

    The third segment is the diversified building products businesses in Australia and the US. Construction is going to have a tough time this year, but I think there’s a good turnaround story here.

    What’s the yield for the ASX dividend share? It currently offers a grossed-up yield of 5.8%.

    BetaShares FTSE 100 ETF (ASX: F100)

    There are plenty of shares listed on the London Stock Exchange which offer defensive earnings and a good yield. I’m thinking about shares like Tesco, GlaxoSmithKline, Unilever, BHP, Rio Tinto, National Grid and Vodafone.

    The UK share market has been hit just like every other share market. This has boosted the dividend yield for ASX investors. At the end of April 2020 it had an underlying trailing dividend yield of 5.86%. The yield has fallen with the rising share prices, but the yield will still be fairly attractive for the long term even if there are a few dividend reductions this year.

    It could be a good idea to get international income diversification. 

    Which ASX dividend share to buy today?

    Each of these ASX dividend shares have attractive futures with solid starting yields. At the current prices I’d probably go for Brickworks, it’s trading at a big discount to its asset value, has a great dividend record and it could be a good contrarian pick with the worries about the construction industry.

    There are other top ASX dividend shares to think about buying for income like this one:

    NEW: Expert names top dividend stock for 2020 (free report)

    When our resident dividend expert Edward Vesely has a stock tip, it can pay to listen. After all, he’s the investing genius that runs Motley Fool Dividend Investor, the newsletter service that has picked huge winners like Dicker Data (+92%), SDI Limited (+53%) and National Storage (+35%).*

    Edward has just named what he believes is the number one ASX dividend stock to buy for 2020.

    This fully franked “under the radar” company is currently trading more than 24% below its all-time high and paying a 6.7% grossed-up dividend.

    The name of this dividend dynamo and the full investment case is revealed in this brand new free report.

    But you will have to hurry — history has shown it can pay dividends to get in early to some of Edward’s stock picks, and this dividend stock is already on the move.

    See the top dividend stock for 2020

    More reading

    Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Brickworks and Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia has recommended DUXTON FPO. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

    The post 3 ASX dividend shares to diversify your income appeared first on Motley Fool Australia.

    from Motley Fool Australia https://ift.tt/2XrPOnK

  • 3 exciting ASX growth shares to buy in June

    Month of June

    A new month is just around the corner, so what better time to take a look at your portfolio and see if there are any additions that could take it to the next level.

    To help you on your way, I’ve picked out three exciting growth shares that I believe are well-placed to be market beaters over the coming years.

    Here’s why I think it is worth looking at adding them to your portfolio:

    Bubs Australia Ltd (ASX: BUB)

    Bubs is a growing infant formula and baby food company which could be destined for big things. It has been growing at a strong rate over the last few years and looks well-placed to continue this trend in the coming years. Especially given increasing demand in China and its supply agreements with Coles Group Ltd (ASX: COL) and Woolworths Group Ltd (ASX: WOW) supermarkets. 

    IDP Education Ltd (ASX: IEL)

    IDP Education is a provider of international student placement services and English language testing services. It has been growing at an explosive rate over the last few years and was doing so in FY 2020 until the pandemic grounded its business to a halt. In the first half of the year IDP Education delivered a 49% increase in earnings before interest and tax to $86.9 million. While the second half will be much weaker and the first half of FY 2021 could be equally subdued, I believe it will bounce back very strongly once the crisis passes and international borders reopen again. After which, I believe it has the potential to grow very strongly over the next decade.

    Pushpay Holdings Group Ltd (ASX: PPH)

    The Pushpay share price has been on fire over the last 12 months, but I wouldn’t let that put you off investing. I believe the donor management platform provider has the potential to grow materially over the next 10 years. Especially with management targeting a 50% share of the medium to large church market. This represents a US$1 billion per year revenue opportunity, which is many multiples more than the US$127.5 million revenue it delivered in FY 2020.

    And here are more top shares which analysts have just given buy ratings to. All five recommendations below look dirt cheap after the crash…

    NEW. The Motley Fool AU Releases Five Cheap and Good Stocks to Buy for 2020 and beyond!….

    Our experts here at The Motley Fool Australia have just released a fantastic report, detailing 5 dirt cheap shares that you can buy in 2020.

    One stock is an Australian internet darling with a rock solid reputation and an exciting new business line that promises years (or even decades) of growth… while trading at an ultra-low price…

    Another is a diversified conglomerate trading over 40% off it’s high, all while offering a fully franked dividend yield over 3%…

    Plus 3 more cheap bets that could position you to profit over the next 12 months!

    See for yourself now. Simply click here or the link below to scoop up your FREE copy and discover all 5 shares. But you will want to hurry – this free report is available for a brief time only.

    CLICK HERE FOR YOUR FREE REPORT!

    More reading

    James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of BUBS AUST FPO and Idp Education Pty Ltd. The Motley Fool Australia owns shares of and has recommended PUSHPAY FPO NZX. The Motley Fool Australia owns shares of COLESGROUP DEF SET. The Motley Fool Australia has recommended BUBS AUST FPO. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

    The post 3 exciting ASX growth shares to buy in June appeared first on Motley Fool Australia.

    from Motley Fool Australia https://ift.tt/2XLH3VV

  • Linux Founder Switches Allegiance To AMD After 15 Years As Intel Customer

    Linux Founder Switches Allegiance To AMD After 15 Years As Intel CustomerAdvanced Micro Devices, Inc. (NASDAQ: AMD) has made strong inroads into the CPU processor market following the launch of the Ryzen series in 2017. Companies and tech leaders are also gravitating toward AMD, as its processors boast a superior price-to-performance ratio.More recently, Linux open source operating system founder Linus Torvalds has said he is ditching Intel Corporation (NASDAQ: INTC), which was his processor for a one-a-half decades, and is switching over to AMD."In fact, the biggest excitement this week for me was just that I upgraded my main machine, and for the first time in about 15 years, my desktop isn't Intel-based," Torvalds said while announcing Linux 5.7-rc7 kernel. Torvalds said he's now using AMD Threadripper 3970x."My 'allmodconfig' test builds are now three times faster than they used to be," he said. Torvalds had earlier in 2016 expressed his desire for an ARM-powered laptop.The Ryzen Threadripper 3970X processor is based on the 7nm architecture, with 32 cores and 64 threads of simultaneous multiprocessing power, with 4.5 GHz max boost frequency and 144MB of combined cache.At last check, AMD shares were down 1.79% to $54.18. Intel shares were trading 1.71% higher to $63.32. Related Links:AMD Analysts Eye Valuation, PC Risks, Intel Competition After Q1 Report Why BofA Says AMD, Nvidia Are High-Quality, High-Beta Stocks In A Volatile Market Photo by WhiteTimberwolf via Wikimedia. See more from Benzinga * Here's How Long It Took Nvidia To Reach A 0B Market Cap * Nvidia Analyst Says New, Ampere-Based Data Center GPU Makes Chipmaker 'Unassailable' * AMD Analysts Eye Valuation, PC Risks, Intel Competition After Q1 Report(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

    from Yahoo Finance https://ift.tt/2LZWYdJ

The Latest

  • Cloudflare Sees Uptick in Cyber Attacks as Internet Usage Increases

    ·

  • SpringWorks (SWTX): A Rare Cancer Biotech with Potentially >50% Upside. Recommending BUY.

    ·

  • Which markets or industries do you see perform best in the next decades (geographic vs. industry focus vs. cap size)? How do you build this into a strategy and portfolio to maximize expected risk-adjusted future returns?

    ·

  • Leading brokers name 3 ASX shares to buy today

    ·