S&P/ASX 200 Index (ASX: XJO) shares offering both growth and income could be solid ideas in this current operating environment.

There are plenty of ASX 200 shares that face short-term and/or long-term impacts because of the coronavirus. But there are some shares that are still growing and could be solid ideas today:

Amcor Plc (ASX: AMC)

Amcor is now one of the biggest global packaging businesses in the world with its flexible and rigid offerings. After the Bemis merger it’s now a powerhouse. The combination of the two companies has already generated $55 million of synergy benefits.

Adjusted free cash flow is still solid and the company increased its adjusted earnings per share (EPS) growth to 11% to 12%. Not many businesses are increasing their guidance at the moment.

The ASX 200 share currently offers a dividend yield of 4.9% with more growth likely in FY21.

Ansell Limited (ASX: ANN)

Ansell is one of the ASX 200 shares involved in fighting the spread of the coronavirus. It makes a number of products like gloves, masks and protective suits.

It’s another business that is still expecting to generate solid profit despite the global pandemic that’s currently going on.

I believe that Ansell is a defensive option now. Its products are useful for fighting against the coronavirus and if life goes back to normal it was expecting growth anyway.

It currently offers a trailing dividend yield of 2.1%.

Service Stream Limited (ASX: SSM)

Service Stream is an ASX 200 share that helps design, build, maintain and operate essential network infrastructures. The company has been steadily increasing its operating earnings and its dividend over the last few years.

The company recently said that its earnings before interest, tax, depreciation and amortisation (EBITDA) from operations will be approximately $108 million which would be a record operating result.

As part of the update the Service Stream board said it has the confidence with the company’s ability to maintain its commitment to dividends.

Service Stream has a trailing grossed-up dividend yield of 6.7%.

Foolish takeaway

Each of these businesses offer compelling long-term growth with a good immediate yield. In today’s environment the ASX 200 share I’d pick is Amcor because it has stated its earnings expectations are higher and it has the highest yield too.

More reading

• 2 quality ASX shares to buy for long-term growth
• Top brokers name 3 ASX dividend shares to buy
• What to watch on the ASX 200 next week
• The latest ASX small caps broker picks to buy today
• Why this ASX infrastructure company could help protect your portfolio in a downturn

Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Amcor Limited. The Motley Fool Australia has recommended Ansell Ltd. and Service Stream Limited. 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 ASX 200 shares to buy for growth and income appeared first on Motley Fool Australia.

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If you’ve got $5,000 to invest right now, ASX 200 shares could be a great place to put it. Interest rates are at all-time lows, which means a bank account won’t give you much return right now. 

It’s a similar story with bonds, which are trading at or near zero yields as central banks scramble to stabilise the economy.

Property is expensive and $5,000 probably won’t buy you anything in the current market. That leaves us with ASX 200 shares – but which ones are in the buy zone today?

Where to invest $5,000 in ASX 200 shares immediately

If you’ve sorted out your personal finances and have $5,000 to invest, there are a lot of good value ASX 200 shares to buy right now.

I like the look of BHP Group Ltd (ASX: BHP) at the moment. Given the current uncertainty, I think large-cap shares could outperform in 2020 and beyond.

BHP is about as large as it gets with a current market capitalisation of $163 billion. Despite tensions with China, I think iron ore exports could pick up again in the coming months. China is looking to kickstart its economy and infrastructure is a great way to do that.

BHP shares climbed 8.37% higher last week but remain down 11.82% in 2020 at the time of writing.

Another ASX 200 share that could be undervalued is Westpac Banking Corp (ASX: WBC). Westpac shares are down 38.05% this year (at the time of writing), which is lower than its big four banking peers. Westpac has had its fair share of issues, but I think it could be a good relative value play. 

ASX bank shares are far from a safe bet right now. However, if the economy picks up quicker than expected, that could be good news for bank earnings and asset quality.

If you’re looking for an undervalued income share, Scentre Group (ASX: SCG) could be worth a look. The Australian real estate investment trust is down 41.51% this year and slashed its dividend, but could be a long-term buy and hold option.

More reading

• 5 ASX 200 winners and 4 losers of last week
• 3 high yield ASX dividend shares to buy right now
• How $1,000 can be enough to change your money mindset
• How to make a $50,000 passive income with ASX shares
• Have $500 to invest? Then buy these 5 ASX 200 shares immediately

Motley Fool contributor Ken Hall has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Scentre Group. 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 Where to invest $5,000 in ASX 200 shares immediately appeared first on Motley Fool Australia.

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ASX dividend shares could be in the buy zone right now. The coronavirus pandemic has cast big question marks over corporate earnings in 2020.

That’s bad news in the short-term. However, I believe it presents a great chance to buy shares for a bargain price. Here are a few of my favourite companies that could be in the buy zone today.

3 ASX dividend shares to buy today

I think Telstra Corporation Ltd (ASX: TLS) could be in the buy zone. The Aussie telco is still an industry leader and its earnings may be steadier than most.

The nature of the pandemic has forced many workers home and increased demand for network infrastructure. Telstra shares are trading down 13.56% this year but that could be a bargain price. 

The company continues to invest in the future through its 5G network capabilities and could be a more nimble technology company in the future.

I like the look of another ASX dividend share at the moment, Altium Ltd (ASX: ALU). Altium shares have climbed 3.40% this year but are still yielding 1.06%. I wouldn’t be surprised to see a temporary dividend cut, but the software group could be a long-term buy for both income and growth.

Finally, I think Wesfarmers Ltd (ASX: WES) is an ASX dividend share that’s worth keeping an eye on. Wesfarmers is looking to refine its current business model by restructuring its retail arm and is sitting on a lot of cash right now.

That could be used for further acquisitions or distributed to shareholders in the coming years. Either way, I think Wesfarmers could be a stable ASX dividend share to buy and one that is currently yielding 3.94% per annum.

Foolish takeaway

If you’ve got $5,000 to invest, I think these are just some of the ASX dividend shares that are worth a look.

More reading

• 3 high yield ASX dividend shares to buy right now
• How I would build a $130,000 ASX dividend portfolio right now
• How to make a $50,000 passive income with ASX shares
• Have $500 to invest? Then buy these 5 ASX 200 shares immediately
• 3 ASX dividend shares I would buy to beat low rates

Motley Fool contributor Ken Hall has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Telstra Limited. The Motley Fool Australia owns shares of Altium and Wesfarmers Limited. 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 buy today appeared first on Motley Fool Australia.

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