Category: Stock Market

The Solstice Minerals Ltd (ASX: SLS) share price is in focus today after the company reported more wide copper-gold intercepts from ongoing drilling at its 100%-owned Nanadie Copper-Gold Project in WA’s Goldfields. Notably, a 148m intercept at 0.77% copper and 0.20g/t gold from one drill hole signals the growing scale of the deposit.

What did Solstice Minerals report?

• Diamond drilling hit 148m at 0.77% copper and 0.20g/t gold from 201m (NANRCD018), expanding mineralisation beyond the current resource boundary.
• Another diamond tail delivered 36m at 0.70% copper and 0.21g/t gold to end of hole (NANRCD026), confirming nearby high-grade results.
• Step-out RC drilling produced multiple strong intercepts, including 43m at 0.59% copper and 0.21g/t gold (NANRC044), outlining mineralisation further south.
• Drilling footprint now spans 100–200m width, over at least 1.2km of strike, remaining open at depth and along strike.
• Solstice holds $45 million in cash and zero debt to fund ongoing exploration.

What else do investors need to know?

Ongoing reverse circulation (RC) and diamond drilling is mapping out high-grade copper-gold zones that stretch well past the existing mineral resource estimate (MRE). Multiple rigs are operating at Nanadie, with another RC rig arriving soon to speed up campaign progress.

The company is awaiting results from a deep, step-down diamond hole (NANRCD005) drilled some 500m beneath the current MRE. On top of this, assays from an extra 12 diamond tails and 18 RC holes are pending, so further updates are expected over coming months.

What did Solstice Minerals management say?

CEO & Managing Director Nick Castleden said:

Ongoing diamond and RC drilling continues to show that Nanadie is developing into a substantially larger copper-gold system that extends well beyond the current Mineral Resource.… The combined 148m intercept in NANRCD018 is particularly encouraging.… The results to date continue to reinforce our view that Nanadie is growing into a much larger copper-gold system than previously recognised, with the host gabbro and zones of copper sulphide mineralisation extending well beyond the limits of drilling.

What’s next for Solstice Minerals?

Solstice expects a steady flow of drill results in the months ahead as it tests the depth and lateral growth of the Nanadie system. Follow-up work will also focus on defining higher-grade positions, potentially improving future resource estimates.

With a strong cash position and no debt, Solstice is well funded to advance Nanadie, continue drilling, and explore new targets across its growing land position.

Solstice Minerals share price snapshot

Over the past 12 months, Solstice Minerals shares have risen more than 800%, significantly outperforming the All Ordinaries Index (ASX: XAO).

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The post Solstice Minerals: Nanadie drilling extends copper-gold system appeared first on The Motley Fool Australia.

More reading

• Solstice Minerals: Nanadie copper-gold system grows

Motley Fool contributor Laura Stewart 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 no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

The Northern Star Resources Ltd (ASX: NST) share price is in focus today after the gold miner delivered a record net profit after tax (NPAT) of A$1.7 billion, up 24% year on year, and boosted its fully franked dividend to 55 cents per share.

What did Northern Star Resources report?

• Revenue rose 19% to A$7.6 billion (FY25: A$6.4 billion), driven by a 26% higher realised gold price.
• Statutory NPAT of A$1.66 billion, with underlying NPAT at A$1.79 billion (up 26%).
• Underlying EBITDA increased 22% to A$4.27 billion.
• Cash earnings totalled A$2.91 billion, up 1% from last year.
• Fully franked FY26 dividend of 55 cents per share, including a 30 cent final dividend.
• On-market buy-back program commenced, with A$129 million spent to buy back over 6.3 million shares so far.

What else do investors need to know?

Northern Star ended FY26 with A$1.2 billion in cash and bullion, maintaining a strong balance sheet despite higher capital investments and shareholder returns. The group kicked off commissioning for the KCGM Mill Expansion, a key growth project expected to unlock greater operational consistency and support future cash flows.

The company is investing heavily in both organic growth and exploration, including the ongoing integration of the Hemi gold project. During the year, capital investment focused on expanding processing facilities and upgrading key mining infrastructure, while a new power station was built at KCGM to support future mining volumes.

What did Northern Star Resources management say?

Commenting on its results, Northern Star’s managing director, Stuart Tonkin, said:

We are at an important inflection point for Northern Star. The KCGM Mill Expansion marks a significant milestone for the Company, with the expanded processing plant expected to deliver greater operational consistency and reliability, while supporting a significant increase in free cash generation as it ramps up.

We have a strong track record of disciplined capital allocation, supported by an investment-grade balance sheet, and have returned $3.3 billion of cumulative capital management to shareholders to date. As we enter this next phase, disciplined capital allocation remains a priority, with a clear commitment to generating superior shareholder returns.

To enhance the quality of the portfolio, the KCGM Mill Expansion is expected to structurally reset the cost base and create a stronger platform for long-term value creation. The development of Hemi provides a further opportunity to strengthen the portfolio and underpin the Company’s growth profile.

What’s next for Northern Star Resources?

Looking to FY27, Northern Star has guided to group gold production of 1.5–1.65 million ounces at an all-in sustaining cost (AISC) of A$3,050–3,450/oz. The KCGM ramp-up is underway, with production expected to reach 550–650koz in its initial stages.

Capital expenditure is forecast between A$2,550 million and A$2,935 million, with flexibility to adjust spending as operational needs evolve. The group is also allocating A$230–250 million for exploration, focusing on growing resources and extending mine life at key operations including KCGM, Pogo, and Hemi.

Northern Star Resources share price snapshot

The Northern Star Resources share price has outperformed the S&P/ASX 200 index (ASX: XJO) over the past 12 months with a gain of 24%. This has been driven largely by a rising gold price.

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The post Northern Star Resources posts record profit and higher dividend for FY26 appeared first on The Motley Fool Australia.

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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 no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

The Medibank Private Ltd (ASX: MPL) share price is in focus after unveiling its FY26 results, with underlying net profit after tax rising 2.9% to $636.8 million and the full-year dividend increasing 6.7% to 19.2 cents per share, fully franked.

What did Medibank report?

• Group revenue from external customers grew 5.9% to $9,115.2 million
• Underlying NPAT rose 2.9% to $636.8 million
• Full-year fully franked ordinary dividend lifted 6.7% to 19.2 cents per share
• Group operating profit increased 6.7% to $813.5 million
• Medibank Health segment profit up 31.3% to $100.7 million
• Total claims paid of $6.9 billion, delivering around $299 million in customer value

What else do investors need to know?

Medibank added 22,100 net resident policyholders over the year, with its core Medibank brand showing improved growth momentum and ahm continuing to grow ahead of the market. Non-resident policy units fell 2.3%, mostly due to reduced student numbers amid tighter migration settings.

The company maintained strong capital levels, with a Health Insurance required capital ratio of 13.3%—above its targeted range, partly due to APRA supervisory adjustments. Operating expenses rose 7.1% as Medibank invested in brand, technology, and customer rewards, but productivity savings of $10 million were achieved.

What did Medibank management say?

Medibank’s CEO, David Koczkar, commented:

We continued to deliver value for the 6 million people who trust us with their health and wellbeing, as household budgets remain under pressure. Despite this, people continue to prioritise their health. Today’s result reflects the strength of the business, the trust our customers and patients have in us, and the progress we have made towards our 2030 ambitions.

What’s next for Medibank?

Looking ahead, Medibank expects FY27 resident health insurance gross margins to be broadly consistent with FY26, and continued solid growth from its non-resident and Medibank Health segments. The company will focus on disciplined market share growth, further investments in digital health, and integrating recent acquisitions.

Management flagged robust appetite and financial capacity for further M&A to support Medibank’s long-term growth strategy and deliver value to shareholders.

Medibank share price snapshot

The Medibank share price has fallen short of the performance of the S&P/ASX 200 index (ASX: XJO) over the past year with a decline of around 4%.

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The post Medibank FY26 earnings: Profit and dividend rise appeared first on The Motley Fool Australia.

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• 5 things to watch on the ASX 200 on Thursday
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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 no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

The Cleanaway Waste Management Ltd (ASX: CWY) share price is in focus today after the company reported a 13.5% rise in gross revenue to $4,371.3 million and a fully franked final dividend up 14.2% to 6.85 cents per share for FY26.

What did Cleanaway Waste Management report?

• Gross revenue lifted 13.5% to $4,371.3 million; net revenue up 13.1% to $3,736.7 million.
• Underlying EBIT rose 14.2% to $470.2 million, with EBIT margin increasing to 12.6%.
• Underlying net profit after tax (NPAT) up 13.6% to $223.1 million; statutory NPAT decreased 37.2% to $98.5 million due to significant items.
• Free cash flow climbed 63.7% to $213.8 million.
• Final fully franked dividend of 3.5 cents per share, taking the total FY26 dividend to 6.85 cents per share (up 14.2%).

What else do investors need to know?

Cleanaway’s FY26 result was powered by the strong performance of its Solid Waste Services segment and the integration of recent acquisitions, including Contract Resources and Citywide Waste. While the core business segments delivered growth, the company faced challenges in Health Services and Industrial Services, where lower earnings were offset by operational improvements and new recovery plans.

During the year, Cleanaway announced a non-binding, indicative takeover proposal from EQT Infrastructure. The $3.13 per share bid, reduced by the final dividend, implies a significant premium to Cleanaway’s recent trading price, but is still subject to due diligence and a binding agreement. The board has indicated support for the proposal in the absence of a superior offer and a favourable expert opinion.

What did Cleanaway Waste Management management say?

Cleanaway CEO & Managing Director Mark Schubert said:

FY26 was a demanding year for Cleanaway, but also one in which we delivered earnings growth, materially stronger free cash flow and improved returns. The strength of our core business remains clear. Solid Waste Services and Contract Resources performed strongly. Where we did not meet our expectations, the issues are concentrated in specific parts of the portfolio, we understand them and we are focused on improving performance.

The opportunity from here is to generate more growth from the platform we already have. In FY27 our focus is on recurring customer growth, price, productivity and utilisation, so that more of our earnings growth is organic, predictable and sustainable.

What’s next for Cleanaway Waste Management?

Looking ahead to FY27, Cleanaway expects underlying EBIT to be between $500 million and $530 million. The company will focus on growing its Collections business, driving improvements in Environmental & Technical Solutions, and leveraging investments in technology and efficiency initiatives. Management is also targeting stronger free cash flow and margin expansion as part of “Blueprint 2030 2.0”.

The outcome of the EQT Infrastructure proposal will be closely watched, as it could mean a significant change in ownership and deliver extra value to shareholders if completed.

Cleanaway Waste Management share price snapshot

Over the past 12 months, the Cleanaway Waste Management share price has underperformed the S&P/ASX 200 Index (ASX: XJO) with a decline of around 8%.

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The post Cleanaway FY26: earnings rise, dividend up, takeover bid in play appeared first on The Motley Fool Australia.

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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 no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

The Super Retail Group Ltd (ASX: SUL) share price is in focus today after the company reported a 3.2% rise in group sales to $4.2 billion and a 5.3% uplift in online sales for the year ended 27 June 2026.

What did Super Retail Group report?

• Group sales up 3.2% to $4.2 billion
• Normalised net profit after tax (NPAT) down 2.8% to $226 million; statutory NPAT down 7.2% to $206 million
• Statutory earnings per share of 91.2 cents; normalised EPS of 100 cents
• Fully franked final dividend of 33 cents per share; total ordinary dividends for FY26 at 65 cents per share
• Online sales up 5.3% to $552 million, now 13.1% of group sales
• Net debt of $14 million, conservative balance sheet

What else do investors need to know?

Super Retail Group’s retail brands performed with mixed results. Rebel and Supercheap Auto delivered a strong top-line, while BCF faced softer trading, and Macpac’s sales momentum moderated in the fourth quarter due to mild winter conditions. The group opened 28 new stores and closed 13, expanding its physical footprint across brands.

Operating costs grew on the back of network expansion, wage and occupancy inflation, and investment in technology, including a new payroll system and a new automated distribution centre in Victoria. Inventory levels increased due to new stores and tactical supply planning, with aged inventory within target range.

What did Super Retail Group management say?

Group Managing Director and CEO Paul Bradshaw said:

Super Retail Group delivered a solid FY26 result, achieving record sales in the face of significant headwinds that included geopolitical instability in the Middle East, unfavourable weather and increasing interest rate pressure on households… While challenges in the broader retail landscape remain, I’m confident we have the team and strategy in place to meet evolving customer needs and deliver future growth.

What’s next for Super Retail Group?

Management has launched a new five-year strategy focused on growth and transformation, including further investment in technology and expansion of its store network. In the first seven weeks of FY27, total group sales are up 3.5% compared to the prior year, with strong starts from Supercheap Auto and BCF, though Macpac continues to be impacted by mild weather in Australia.

The group expects to open a net 18 new stores in FY27 and plans further investment in network expansion and Project Ignite, its ongoing transformation program. Uncertainty remains, with external factors such as higher interest rates, fuel costs, and geopolitical tensions impacting consumer confidence.

Super Retail Group share price snapshot

The Super Retail Group share price has struggled over the past 12 months, losing around 25% of its value. This compares to a modest 1.5% gain by the S&P/ASX 200 index (ASX: XJO).

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The post Super Retail Group grows sales in FY26, dividend maintained amid growth plans appeared first on The Motley Fool Australia.

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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 Super Retail Group. The Motley Fool Australia has positions in and has recommended Super Retail Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

It has been a big week for Aussie investors with a large number of popular ASX shares releasing results.

Let’s see what Morgans is saying about three of these shares after reviewing their results.

BHP Group Ltd (ASX: BHP)

Morgans was pleased with BHP’s FY 2026 results, noting that it maintained a solid operating performance and benefitted from higher commodity prices.

However, due to its current valuation, the broker has downgraded BHP shares to a trim rating with a $55.30 price target. It said:

A solid FY26 result, with an upsized final dividend of US 99cps, against a share price that appears to already factor in more upside, we lower our rating to TRIM. Metal prices were a key driver, but BHP also maintained a solid operating performance on controllable factors against a tough backdrop in FY26.

CSL Ltd (ASX: CSL)

The broker notes that biotech giant CSL delivered a result broadly in line with expectations in FY 2026. 

It was particularly pleased to see that immunoglobulins demand has remained strong, the Seqirus business delivered seasonal influenza vaccine growth, and cost savings ahead of target.

In response, Morgans has retained its buy rating with a $187.71 price target. It commented:

The FY26 result was broadly in line with expectations, with revenue of US$15.8bn (+3% vs guidance) and underlying NPATA of US$3.1bn. Importantly, underlying Ig demand remains strong, Seqirus delivered seasonal influenza growth despite lower US immunisation rates and transformation savings reached US$176m ahead of target, although Vifor continues to face challenges. 

While FY27 targets flat top line growth, as Vifor remains a significant drag, the earnings trajectory is becoming increasingly skewed towards recovery, supported by stabilising plasma economics, cost-outs and improved commercial execution. We make modest changes to FY27-28 estimates and increase our blended DCF, PE and EV/EBITDA-based target price to A$187.71 on a multiple roll forward. BUY.

Hub24 Ltd (ASX: HUB)

Finally, Morgans was pleased with this investment platform provider’s FY 2026 results. 

It highlights that its EBITDA was up 30% and in line with expectations, while its net profit after tax was slightly ahead of estimates. 

Following a review of the results, Morgans has retained its accumulate rating with a $92.00 price target. It said:

HUB’s FY26 Group result was largely in line with expectations with underlying EBITDA of A$211.4m, up 30% on pcp, consistent with MorgansF/Consensus A$212m, and underlying NPAT of A$137.3m slightly ahead of MorgansF A$131.9m. Platform EBITDA however fell short of expectations due to slower revenue momentum in 2H26, which was outpaced by 2H26 Platform Opex growth. HUB’s FY28 FUA target of A$186-200bn points to FY28 net flows of ~A$18-19bn, however momentum through to Aug’26 appears to be running behind this due to elevated discretionary gross outflows. 

Whilst the timing of this roll-off remains uncertain, we see this as a near-term headwind and likely to abate, although it does suggest FY27 flows will track lower than FY26 (particularly vs. 1H26). Our EPS forecast moves by +/-1% in FY27-28F, which sees our price target revised to A$92.00/sh. We retain our Accumulate rating.

The post Buy, hold, sell: BHP, CSL, and HUB24 shares appeared first on The Motley Fool Australia.

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Motley Fool contributor James Mickleboro has positions in CSL. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended CSL and Hub24. The Motley Fool Australia has recommended BHP Group, CSL, and Hub24. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The ASX dividend stock Hearts and Minds Investments Ltd (ASX: HM1) may not be one of the most famous passive income shares, but it offers numerous benefits.

The dividend yields of BHP Group Ltd (ASX: BHP) and Commonwealth Bank of Australia (ASX: CBA) are only around mid-single digits right now. Plus, both of those ASX blue-chip share heavyweights have reduced their payout to shareholders this decade.

Hearts and Minds Investments is a much better choice right now, in my view, than many other ASX dividend stocks.

Diversification

Firstly, let’s talk about how Hearts and Minds operates.

It’s a listed investment company (LIC), which means it uses shareholder money to invest in different shares (or assets).

Hearts and Minds is different from most other LICs because its portfolio is not decided by a single fund manager. Instead, a number of investment professionals are involved, all working so that the LIC can donate an equivalent amount to medical research – it’s a great setup.

The portfolio has a very significant slant to international shares, though in previous years some of its largest holdings have been ASX shares.

A majority of the portfolio is decided by a group of portfolio fund managers who bring their best picks into the picture. The rest of the portfolio is decided at an annual investment conference where investment professionals each pitch their best idea.

So, it’s a best-pick portfolio that can give investors broad exposure to international stocks, which I think most Australians could benefit from.

Volatility has hampered performance in recent times, but it has still delivered respectable returns over the last few years. Over the three years to July 2026, the ASX dividend stock’s portfolio has returned an average of 12% per year after expenses (but before taxes).

Reliable payouts

Given those investment returns, the LIC can pay investors a steadily growing dividend.

It started paying a dividend in 2021 and hasn’t reduced its payout in that time. Hearts and Minds started paying dividends every six months in 2023 and has increased its half-year payout each year since 2024.

The board of directors of the business have provided guidance that the LIC will increase its half-year dividend by 0.5 cents every six months for the foreseeable future.

Big dividend yield

Another reason to like this ASX dividend stock is its high dividend yield. Therefore, the business is providing a large and growing payout.

Assuming it does continue increasing its payout by 0.5 cents every six months, the business should pay 20.5 cents per share over the next 12 months.

At the time of writing, that translates into a grossed-up dividend yield of 9.6%, including franking credits.

The ASX dividend stock trades at a significant discount

One of the main reasons why the dividend yield is so large so because it’s trading at a significant discount to its underlying assets.

The business reported that its pre-tax net tangible assets (NTA) was $3.65 at 7 August 2026. That means the Hearts and Minds Investments share price is trading at a 16% discount (at the time of writing) to that pre-tax NTA.

Buying good ASX dividend stocks at a significant discount also means that we’re more likely to see capital growth.  

A $1,000 investment buys…

If someone were to invest $1,000 in this ASX dividend stock, they could buy 326 shares of it. I think that’d be a solid choice today, among other leading ideas for passive income.

The post $1,000 buys 326 shares in an incredibly reliable ASX dividend stock appeared first on The Motley Fool Australia.

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Motley Fool contributor Tristan Harrison has positions in Hearts And Minds Investments. 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 recommended BHP Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The Commonwealth bank of Australia (ASX: CBA) share price has headed lower in the past couple of weeks, as the chart below shows. This is a good time to look at whether the ASX bank share is primed to deliver good returns for investors.

CBA recently released its FY26 results, and investors got a good look at the numbers. It wasn’t enough to support the CBA share price, and the drop in home loan applications could be challenging for earnings growth in the 2027 financial year.

But at this lower valuation, experts may feel more confident about the potential for capital growth from here. Let’s take a look at what a $15,000 investment in CBA shares could do, which could currently buy 90 CBA shares at the time of writing (with $150 change left over).

CBA share price projection

A share price target indicates where the analyst believes the share price could go over the next 12 months.

According to CMC Invest, there have been eight ratings on ASX bank share in the last three months. All of them were sell ratings.

The average price target across those eight ratings was $122.33, according to CMC Invest, suggesting a possible 26% decline (at the time of writing) over the next 12 months. The most optimistic price target suggests a 12% decline to $144.99, while the most pessimistic implies a 45% decline to $90.

Of course, share price targets are not guaranteed future movements of the valuation, but it certainly doesn’t suggest a rosy outlook for the business.

Analysts aren’t disputing the quality of the ASX Bank share. But there is a widespread view that the CBA share price trades at a relatively high price/earnings (P/E) ratio compared to its peers, ANZ Group Holdings Ltd (ASX: ANZ), Westpac Banking Corp (ASX: WBC) and National Australia Bank Ltd (ASX: NAB).

Therefore, the CBA shares could become worth around $11,000, a drop of almost $4,000.

Commonwealth Bank dividend

The main positive for CBA shareholders is that the business could pay a slightly larger annual dividend per share in FY27.

According to the independent on Commsec, the ASX bank share could pay an annual dividend per share of $5.15 in FY27. At the time of writing, that translates into a dividend yield of 3.1%, excluding franking credits.

With 90 Commonwealth Bank shares, an investor could receive $463.50.

Potential shareholder return

Overall, those analyst projections imply the business could deliver a negative total shareholder return (TSR) of around 23%.

In other words, the starting $15,000 could decline in value to around $11,000 of CBA shares, $463 of dividend cash, and $150 of money not invested at the start.

At the current CBA share price, there seem to be better ideas out there.

The post By August 2027, CBA shares could turn $15,000 into… appeared first on The Motley Fool Australia.

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Motley Fool contributor Tristan Harrison 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 no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

On Wednesday, the S&P/ASX 200 Index (ASX: XJO) was out of form and edged lower. The benchmark index fell 0.2% to 9,053.8 points.

Will the market be able to bounce back from this on Thursday? Here are five things to watch:

ASX 200 expected to rise

It looks set to be a good session for Australian investors on Thursday following a positive night on Wall Street. According to the latest SPI futures, the ASX 200 is expected to open the day 28 points or 0.3% higher this morning. In the United States, the Dow Jones rose 0.2%, the S&P 500 climbed 0.2% and the Nasdaq pushed 0.15% higher.

ASX 200 result releases

Earnings season is going into overdrive on Thursday with a very large number of ASX 200 shares due to release their results. This includes Goodman Group (ASX: GMG), Medibank Private Ltd (ASX: MPL), Megaport Ltd (ASX: MP1), Super Retail Group Ltd (ASX: SUL), and Zip Co Ltd (ASX: ZIP).

Oil prices rise

ASX 200 energy shares including Woodside Energy Group Ltd (ASX: WDS) and Santos Ltd (ASX: STO) could have a good session after oil prices rose overnight. According to Bloomberg, the WTI crude oil price is up 0.85% to US$85.65 a barrel and the Brent crude oil price is up 0.5% to US$91.49 a barrel. This was driven by an escalation in Middle East tensions.

Buy Evolution Mining shares

Evolution Mining Ltd (ASX: EVN) shares are in the buy zone according to analysts at Bell Potter. This morning, in response to the gold miner’s record results, the broker has retained its buy rating with an improved price target of $15.55. It said: “EVN offers fully unhedged gold and copper exposure via a portfolio of high quality, long-life assets in Tier 1 jurisdictions, overseen by a high-quality management team. EVN has demonstrated its intention to increase shareholder returns and gold price exposure.”

Gold price jumps

It could be a very positive session for ASX 200 gold shares Newmont Corporation (ASX: NEM) and Northern Star Resources Ltd (ASX: NST) on Thursday after the gold price jumped overnight. According to CNBC, the gold futures price is up 3.6% to US$4,581.1 an ounce. This was driven by a heavy decline in US bond yields and the US dollar.

The post 5 things to watch on the ASX 200 on Thursday appeared first on The Motley Fool Australia.

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Motley Fool contributor James Mickleboro has positions in Goodman Group, Megaport, and Woodside Energy Group Ltd. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Goodman Group, Megaport, and Super Retail Group. The Motley Fool Australia has positions in and has recommended Super Retail Group. The Motley Fool Australia has recommended Goodman Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The goal for most of us is to save enough in our superannuation such that we can fund a relatively comfortable retirement.

Whether that occurs at age 60, when we can access our superannuation, or later depends on various factors, but the amount of superannuation is, of course, important.

This begs the question: how much do you need to fund your retirement?

Australian superannuation amounts coming up short

It’s instructive to look at the statistics on how much superannuation Australians currently have.

At the moment, for men aged 60-64 the average amount is $395,852, while for women the amount comes in at $313,360.

For those aged 65-69 the numbers come in at $448,518 and $392, 274, with all of these figures calculated by the Association of Superannuation Funds of Australia (ASFA).

Meanwhile, ASFA has calculated that to have a comfortable retirement, using superannuation and a part pension, and assuming you own your own home, couples will need $730,000 in super while singles will need $630,000.

How much passive income will superannuation generate?

Now let’s look at what those aged 60-64 could expect to earn from their superannuation in passive income.

If a retiree had $395,852 in superannuation and earned 10% on their investments (a lofty sum to assume on a yearly basis), they would earn $39,585. This is well below the $55,923 per year which ASFA says would afford a comfortable retirement.

If they earned just 5%, this figure would drop to $19,792.

What this tells us is that many people do not have enough in their superannuation to sole-fund their lifestyle.

So, what can you do to prepare if you think your superannuation needs a top-up?

Strategies to boost your superannuation balance

Extra contributions can be made to superannuation in the form of concessional and non-concessional contributions.

Concessional contributions are taxed at just 15% and include money contributed by your employer, salary sacrifice contributions, and extra contributions you make up to a cap of $32,500.

If funds permit, and your superannuation balance was less than $500,000 in the last financial year, you can also carry forward any unused concessional contribution cap amounts from the previous five financial years.

The amount you are able to contribute in this way can be found in your myGov account.

A notice of intent to claim must be lodged with your super fund for concessional contributions so they know to deduct the 15% tax from the amount.

It is also possible to make non-concessional contributions up to an amount of $130,000, and it is also possible to contribute more than this amount using the bring forward rule.  

The post Does the average superannuation balance at 60 generate enough passive income? appeared first on The Motley Fool Australia.

More reading

• 5 things to watch on the ASX 200 on Thursday
• Here are the top 10 ASX 200 shares today
• 5 things to watch on the ASX 200 on Wednesday
• Here are the top 10 ASX 200 shares today
• CSL shares surge 18% as ‘reset year’ points to a return to growth

Motley Fool contributor Cameron England 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 no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.