If you’re an income investor looking for dividends to boost your income, then you may want to consider the ASX shares listed below.

Both of these ASX dividend shares have been rated as buys and tipped to provide investors with attractive yields in the coming years.

Here’s what you need to know about these shares:

Dexus Industria REIT (ASX: DXI)

Morgans is tipping this industrial and office property company as a dividend share to buy.

That’s because it believes Dexus Industria is well-placed for growth thanks to strong demand in the industrial market.

The broker currently has an add rating and $3.37 price target on the company’s shares. It commented:

DXI’s key industrial markets remain robust with the outlook for solid rental growth backed by strong tenant demand. The development pipeline also provides near and medium term upside potential.

As for dividends, the broker is forecasting dividends per share of 16.5 cents in FY 2023 and 16.8 cents in FY 2024. Based on the current Dexus Industria share price of $2.97, this will mean yields of 5.6% and 5.7%, respectively.

Healthco Healthcare and Wellness REIT (ASX: HCW)

Another ASX dividend share for income investors to consider is the Healthco Healthcare and Wellness REIT.

This health and wellness focused real estate investment trust invests in properties including hospitals, aged care, childcare, government, life sciences and research, and primary care and wellness properties.

Analysts at Morgans are also positive on Healthco Healthcare and Wellness REIT and have an add rating and $2.06 price target on its shares. The broker was pleased with its performance during the first half. It commented:

1H23 result highlights included solid operational performance of the existing portfolio; completion of the George Private Hospital; a new accretive acquisition of a life sciences asset; stable net valuation movements (NTA $2.00); as well as a 4% upgrade to FY23 FFO guidance.

As for dividends, Morgans is expecting in dividends per share of 7.5 cents in FY 2023 and 7.8 cents FY 2024. Based on the current Healthco Healthcare and Wellness REIT unit price of $1.58, this will mean yields of 4.75% and 4.9%, respectively, for investors.

The post Grow your passive income with these ASX dividend shares: brokers appeared first on The Motley Fool Australia.

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More reading

• Leading brokers name 3 ASX shares to buy today
• Get 5%+ yields from these top ASX dividend shares: experts

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.

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It won’t be long until BHP Group Ltd (ASX: BHP) shares pay the FY23 half-year dividend to shareholders. But, investors only have a very short amount of time to get their hands on the payment.

BHP is one of the world’s biggest dividend payers thanks to its huge iron ore operations, as well as its coal and copper earnings.

BHP ex-dividend date imminent

After a company declares its dividend with the result, the business has to decide when the dividend is going to be paid and what the cut-off date is for the entitlement.

The ex-dividend date is when a new investor buying shares is no longer entitled to the dividend. Investors need to own shares before this date to be entitled to the dividend.

For BHP, the ex-dividend date is 9 March 2023. That means investors need to own BHP shares by the end of trading on 8 March 2023 if they want to receive the dividend.

The payment date for the dividend is 30 March 2023, so it’s only a few weeks ago.

BHP’s dividend is going to be 90 US cents per share, which represents a dividend cut of 40% compared to the FY22 interim dividend.

This came after a 16% drop in revenue, a 27% fall in profit from operations and a 41% plunge in operating cash flow. The earnings per share (EPS) declined 32% to US$1.275. This translates to a dividend payout ratio of around 70%.

Outlook

The BHP share price and dividend could be significantly impacted by how commodity demand changes in China and the global economy.

BHP CEO Mike Henry said:

We are positive about the demand outlook in the second half of FY23 and into FY24, with strengthening activity in China on the back of recent policy decisions the major driver. We expect domestic demand in China and India to provide stabilising counterweights to the ongoing slowdown in global trade and in the economies of the US, Japan and Europe. The long-term outlook for our commodities remains strong given population growth, rising living standards and the metals intensity of the energy transition, including for steel making raw materials.

BHP share price snapshot

Over the past six months, BHP shares have gone up around 30%.

The post Keen to bag the latest BHP dividend? You’ll need to be quick appeared first on The Motley Fool Australia.

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More reading

• Own BHP shares? Here’s what the ASX 200 miner wants from the government
• BHP share price stumbles amid super-profit tax fears
• Why I don’t own BHP shares (yet)
• Have BHP shares always paid better dividends than Rio Tinto?
• 5 things to watch on the ASX 200 on Friday

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.

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The All Ordinaries index (ASX: XAO) can be a great place to find All Ords ASX shares that could pay large dividends in the coming years.

I understand why investors are attracted to names like Commonwealth Bank of Australia (ASX: CBA) and Woodside Energy Group Ltd (ASX: WDS). But, I’m looking for businesses that can provide much more growth in the coming years.

It’s much easier to grow a business from $5 billion to $10 billion, than $50 billion to $100 billion, in my opinion.

With that in mind, I think these two ASX All Ords shares are very interesting with their growth plans.

Pacific Current Group Ltd (ASX: PAC)

Pacific Current describes itself as a multi-boutique asset management business that applies strategic resources, including capital, institutional distribution capabilities and operational expertise to help partners. As of February 2023, it had investments in 15 asset managers globally.

Some of its investments include Banner Oak, Astarte, ROC, Victory Park and GQG Partners Inc (ASX: GQG).

In the first half of FY23, the company saw its boutiques’ funds under management (FUM) rise by 3.5% to $175 billion. It boasted that its boutiques have had 24 consecutive quarters of positive net flows. Management fee-related revenue increased 52%.

The All Ords ASX share is expecting management fee revenue and performance fee revenue. Additional investments are “likely” in the second half of FY23.

By FY25, the business could be paying an annual dividend of 47 cents per share. That would be a grossed-up dividend yield of close to 10%.

Mineral Resources Ltd (ASX: MIN)

Mineral Resources is one of the larger All Ords ASX mining shares. It offers mining services, while also being a sizeable iron ore miner and lithium miner itself.

While the business is already making profits thanks to its current mining operations, the company’s expansion efforts in both iron and lithium are expected to unlock larger profit and cash flow generation.

Using the estimates on Commsec, the business is expected to generate earnings per share (EPS) of $7.32 in FY23.

In FY24, the business is expected to more than double its EPS. The current estimate for the 2024 financial year is $15.82 in EPS. That means Mineral Resources shares are valued at around 6 times FY24’s estimated earnings.

The business is only expected to pay around a third of its earnings out as a dividend in FY24. The dividend per share could be $5.46, which would be a grossed-up dividend yield of 8.7%.

However, future dividends could be dependent on how commodity prices change from here.

The post Which ASX All Ords shares would be on my watchlist for generating massive dividends? appeared first on The Motley Fool Australia.

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More reading

• Want passive income? These are the ASX dividend shares to buy according to experts
• What’s happening with ASX 200 lithium stocks this week?
• Buy Minerals Resources shares for 21% upside: broker
• Here are the top 10 ASX 200 shares today
• 4 ASX 200 lithium shares to buy now: broker

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.

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When investors choose between growth and value shares, the former is pretty easy to identify.

They’re companies that are rapidly growing, and the stock price reflects the future potential of this expansion. Buying such ASX shares is a vote of confidence that the business will be larger in a few years than it is now.

But what about value shares? 

The definition of value shares are more ethereal and subjective. They’re stocks that the investor believes are undervalued, so the share price would rise once the market wakes up to how well the business is doing.

As such, there can sometimes even be an overlap between growth and value. They’re not mutually exclusive groups.

Tyndall Asset Management portfolio manager Jason Kim is a professional at picking out value shares.

In a recent video, he revealed the ASX shares he would be targeting in 2023:

Looking for ‘intrinsic value’

According to Kim, his team looks for what they call “intrinsic value” when picking stocks to buy.

“It’s all about determining sustainable earnings that each company generates on a mid-cycle basis and applying the right multiple to that stock,” he said.

“Value is about identifying stocks that we believe trade at a big discount to its net worth.”

Using measures like price-to-earnings ratio is too simplistic — Kim’s team calls that a “naive academic” approach.

“Some stocks deserve to trade at low price-to-earnings.”

By taking a more sophisticated approach using mid-cycle earnings, the Tyndall team can calculate what the deserved valuation for each business is. 

“We have a large team of analysts that go out and kick the tires to talk to management, talk to competitors, suppliers and customers.”

Don’t be fooled by low or high PE ratios

The difference from the naive academic approach is that this “par” valuation can be vastly different between stocks, depending on context.

For example, Kim named supermarkets as businesses that have excellent defensive earnings.

Therefore investors can pay a bit more for them, and they may still be great value.

“They do deserve to trade at a higher multiple for that safety they offer,” he said.

“The extent that they trade at a discount to that, they may well be still above the [average] share market multiple. To us, that’s an intrinsic value opportunity.”

On the other end of the spectrum, there are stocks that have wildly inconsistent or cyclical earnings.

“They do deserve to trade at a discount to the market,” said Kim.

“They may seem cheap on the surface but, to us, they could be fair value or actually expensive.”

This filter has served the Tyndall team well over the last three decades, he added.

“The conditions we see right now, we believe, means that our approach will outperform for quite some time.”

The post Expert reveals secret to spotting the best ASX value shares to buy appeared first on The Motley Fool Australia.

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• S&P 500 could rally for next 8 weeks: Wall Street analysts
• 5 things to watch on the ASX 200 on Tuesday
• Top ASX ETFs to buy in March 2023
• Guess which ASX All Ords share just crashed 52% on a TGA update
• 2 ASX 200 mining shares to buy in March: analysts

Motley Fool contributor Tony Yoo 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.

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The S&P 500 Index (INDEXSP: .INX) could be on track to deliver an impressive rally over the next two months, according to experts.

After rising by around 10% since the start of the year to 2 February 2023, it then dropped over 5% to 1 March 2023.

But, experts believe that the US share market is poised to perform well in the coming months. This could be good news for the global share market and the ASX share market because of how influential investor sentiment in the US can be on the world of the world’s share markets.

Why the positivity?

The Australian Financial Review quoted Stifel’s chief equity strategist Barry Bannister’s thoughts on the situation:

The bearish chorus of Wall Street strategists continues to fight the S&P 500 rally since the intraday low (3491.58) on October 13 with those strategists flip-flopping from calling an imminent recession (caused by the Federal Reserve) to no recession (so, the Fed must cause one).

They can call it a bear market rally, a bear trap or call it a banana…we are not ignoring potential six-month 10-15 per cent rallies.

After May this [S&P 500] rally may be mostly over.

According to the AFR’s reporting, Stifel thinks that the US Federal Reserve will stop increasing interest rates in June when it hits 5.25%. This could lead to business earnings hurting in the second and the possibility of a recession increasing in September as the labour market’s strength “wanes”.

Another expert, Fundstrat Global’s Tom Lee, thinks that the S&P 500 is going to rise for the next eight weeks.

While Lee acknowledged uncertainty after a strong performance by the S&P 500 since October 2022, he suggested that the S&P 500 could reach around 4,250 by the end of April. That would represent an increase of around 5%. Lee said:

This is a scenario that many investors are hesitant to embrace (more likely sceptical) because of the understandable lack of clarity on inflation trajectory, Fed policy path, earnings risk and general heightened concerns about recession.

And as usually is the case, when there is uncertainty, investors lean negative—meaning, the conditions confirm investors leaning bearish or outright bearish

S&P 500 snapshot

For investors wanting to own a piece of the S&P 500, there’s an investment option called the iShares S&P 500 ETF (ASX: IVV). Over the past five years, it has risen by around 70%, though past performance is not a reliable indicator of future performance.

The post S&P 500 could rally for next 8 weeks: Wall Street analysts appeared first on The Motley Fool Australia.

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• I’d invest $20 a week the Warren Buffett way as I aim to build wealth
• 3 ASX shares that could create lasting generational wealth
• Here are 3 quality ETFs for ASX investors to buy right now

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 recommended iShares S&p 500 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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On Monday, the S&P/ASX 200 Index (ASX: XJO) started the week with a solid gain. The benchmark index rose 0.6% to 7,328.6 points.

Will the market be able to build on this on Tuesday? Here are five things to watch:

ASX 200 expected to fall

The Australian share market looks set to fall on Tuesday despite a relatively decent start to the week on Wall Street. According to the latest SPI futures, the ASX 200 is poised to open the day 18 points or 0.25% lower. In late trade in the United States, the Dow Jones is up 0.1%, the S&P 500 is up 0.2%, and the NASDAQ is up 0.15%.

Oil prices rise

Energy shares Beach Energy Ltd (ASX: BPT) and Karoon Energy Ltd (ASX: KAR) could have a decent day after oil prices rose overnight. According to Bloomberg, the WTI crude oil price is up 0.6% to US$80.16 a barrel and the Brent crude oil price is up 0.1% to US$85.85 a barrel. Oil prices rose despite concerns over China’s economic growth targets.

RBA meeting

It is the first Tuesday of the month, which means the Reserve Bank of Australia will be meeting to discuss the cash rate. According to cash rate futures, the market has priced in a 75% probability of the central bank increasing the cash rate by 25 basis points to 3.6%.

Gold price edges lower

It could be a subdued day for gold miners Evolution Mining Ltd (ASX: EVN) and Regis Resources Limited (down: RRL) after the gold price edged lower overnight. According to CNBC, the spot gold price is up 0.15% to US$1,851.9 an ounce. Traders were selling gold ahead of the US Fed chief testimony.

ASX 200 shares going ex-dividend

A number of ASX 200 shares are going ex-dividend on Tuesday for their latest payouts and could trade lower. This includes the likes of fast-fashion jewellery retailer Lovisa Holdings Ltd (ASX: LOV), gold miner Northern Star Resources Ltd (ASX: NST), healthcare company Sonic Healthcare Limited (ASX: SHL), and fuel retailer Viva Energy Group Ltd (ASX: VEA).

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

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• Here are the 3 most heavily traded ASX 200 shares on Monday
• Guess which ASX 200 director just bought 50,000 of their company’s shares
• Leading brokers name 3 ASX shares to buy today
• 2 ASX 200 healthcare shares just upgraded by Citi analysts
• Guess which ASX 200 tech stock has rallied 30% in 2023 and just hit an all-time high

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 Lovisa. The Motley Fool Australia has recommended Lovisa and Sonic Healthcare. 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 keen to invest but don’t relish the idea of buying individual ASX shares, exchange-traded funds (ETFs) could be a great option for you.

Even if you already own shares, ETFs can be a simple and cost-effective way of helping to diversify your portfolio across different companies, sectors, and geographic locations.

Due to their surging popularity among Aussie investors, the number of ETFs on the local exchange has skyrocketed in recent years. So even choosing which ETF to buy can be a challenge.

We asked our Foolish writers which ASX ETFs they believe are worth buying this month. Here is what the team came up with:

6 best ASX ETFs for February 2023 (smallest to largest)

VanEck Morningstar International Wide Moat ETF (ASX: GOAT), $25.09 million

BetaShares Australian Dividend Harvester (ASX: HVST), $178.96 million

Vanguard MSCI International Small Companies Index ETF (ASX: VISM), $251.86 million

VanEck Morningstar Wide Moat ETF (ASX: MOAT), $509.56 million

Betashares Nasdaq 100 ETF (ASX: NDQ), $2.60 billion

Vanguard Australian Shares Index ETF (ASX: VAS), $12.24 billion

(Market capitalisations as at market close on 6 March 2023)

Why our Foolish writers love these ASX exchange-traded funds

VanEck Morningstar International Wide Moat ETF

What it does: This ETF provides investors with exposure to a portfolio of global companies that have attractive valuations and sustainable competitive advantages.

By James Mickleboro: Unlike the MOAT ETF, which focuses on US companies, this fund gives investors access to wide-moat companies from all over the world.

To be assigned a wide-moat rating, there must be very high confidence that a company’s competitive advantage will remain for at least 20 years. It is for this reason, I believe the VanEck Morningstar International Wide Moat ETF could prove to be a great long-term option for ASX investors.

Among its 68 holdings are companies including Airbus, ASML, Mercadolibre, and Microsoft.

Over the last decade, the index the fund tracks has generated an average return of 16% per annum.

Motley Fool contributor James Mickleboro does not own units in the VanEck Morningstar International Wide Moat ETF.

BetaShares Australian Dividend Harvester

What it does: The BetaShares Australian Dividend Harvester intends to offer investors franked passive income above the net income yield of the broader ASX. It provides exposure to a diversified portfolio of ASX shares. The ETF’s top holdings are in the financials sector (30%) and the materials sector (25%).

By Bernd Struben: With interest rates likely to remain elevated for some time, making share price gains harder to come by, this high-yielding ETF could offer some welcome passive income for ASX investors.

Based on the past 12 months, the fund’s yield is 7.2%, with a grossed-up yield of 10.1%. The franking level was 93%, as at 31 January.

Naturally, movements in the ETF’s share price could see investors pocket more or less than this when they sell the stock.

Over the past six months, the BetaShares Australian Dividend Harvester share price is up 3.8%. During that time, it delivered a net return (after fees) of 5.9% and a grossed-up yield (also post fees) of 7.1%.

The dividends are paid out monthly.

Motley Fool contributor Bernd Struben does not own units in the BetaShares Australian Dividend Harvester.

Vanguard MSCI International Small Companies Index ETF

What it does: This Vanguard ETF seeks to track the performance of the MSCI World ex-Australia Small Cap Index, providing investors with an easy way to gain diversified exposure to some of the most promising small companies abroad.

By Mitchell Lawler: Studies into the characteristics of global outperformers over the last decade have suggested that small-cap shares are far more likely to produce 10X returns than large-caps.

I believe this ETF provides an ideal way of gaining exposure to companies with, arguably, the greatest chance of achieving market-beating returns over time. Additionally, the fund excludes Australian small-caps, which helps with greater geographic portfolio diversification.

For reference, around 62% of the ETF is weighted toward companies located in the United States. This includes US-listed names such as Axon Enterprises Inc, Crocs Inc, and Macy’s Inc.

The management fee is currently 0.32% per annum.

Motley Fool contributor Mitchell Lawler does not own units in the Vanguard MSCI International Small Companies ETF.

VanEck Morningstar Wide Moat ETF

What it does: This ETF invests in companies with competitive advantages that are predicted by analysts to almost certainly endure for the next decade, and probably for two decades.

By Tristan Harrison: Competitive advantages, or economic moats, can come in a number of different forms, including cost advantages, patents, brands, regulatory licenses, switching costs, network effects, and efficient scale.

By only focusing on companies with strong competitive advantages, this ETF’s portfolio only owns quality businesses. On top of that, the ETF only invests if the target business is trading at a good price relative to its ‘fair value’, as judged by Morningstar analysts.

Past performance is not a guarantee of future results, but this ETF has returned an average of 14.5% per annum over the past five years.

Motley Fool contributor Tristan Harrison does not own units in the VanEck Morningstar Wide Moat ETF.

Betashares Nasdaq 100 ETF

What it does: This ASX ETF from BetaShares is an index fund. Not just any index fund, though; this ETF covers the American NASDAQ 100 (NASDAQ: NDX). The NASDAQ is the exchange where most of the US’s tech shares are listed. As such, this is well-known as a very tech-heavy ETF.

By Sebastian Bowen: I consider this NASDAQ 100 fund a bet on American tech going forward. You’ll get exposure to the giants like Apple and Amazon, as well as smaller tech names like Texas Instruments, Adobe, Intuit and MercadoLibre.

The BetaShares Nasdaq ETF has given investors some stunning returns in recent years. As of 31 January, this fund has averaged a return of 15.24% per annum over the past five years, and 15.65% per annum since its inception in 2015.

Past performance is never a guarantee of future returns, but I still think investors have a great way to add exposure to some of the best companies in the world with this ETF.

Motley Fool contributor Sebastian Bowen owns shares in Amazon, Apple and Adobe.

Vanguard Australian Shares Index ETF

What it does: The Vanguard Australian Shares Index ETF aims to track the S&P/ASX 300 Index (ASX: XKO) which, in turn, seeks to provide exposure to the broader Australian stock market.

By Brooke Cooper: It’s far from a ground-breaking recommendation, and that’s one of the reasons I like the Vanguard Australian Shares Index ETF.

Perhaps the best and most simple way to help protect a portfolio is to diversify, and one of the simplest ways to diversify is to invest in an index-tracking ASX ETF.

The Vanguard Australian Shares Index ETF is the only fund tracking the ASX 300 ­– arguably Australia’s true benchmark index.

And while its management fees aren’t the lowest out there, at 0.1% per annum, they’re far from outrageous. Not to mention, this ETF pays out dividends each quarter.

Motley Fool contributor Brooke Cooper does not own units in the Vanguard Australian Shares Index ETF.

The post Top ASX ETFs to buy in March 2023 appeared first on The Motley Fool Australia.

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More reading

• 3 excellent ETFs for ASX investors to sink their money into this month
• Is the BetaShares NASDAQ 100 ETF (NDQ) worth buying for dividend income?
• Dividend dessert: Which ASX ETFs are the sweetest for a passive income?
• Why did the Vanguard Australian Shares Index ETF (VAS) get hammered in February?
• 3 ETFs for smart ASX investors in March

John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended ASML, Adobe, Amazon.com, Apple, Axon Enterprise, BetaShares Nasdaq 100 ETF, Intuit, MercadoLibre, Microsoft, and Texas Instruments. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended Crocs and has recommended the following options: long January 2024 $420 calls on Adobe, long March 2023 $120 calls on Apple, short January 2024 $430 calls on Adobe, and short March 2023 $130 calls on Apple. The Motley Fool Australia has positions in and has recommended BetaShares Nasdaq 100 ETF. The Motley Fool Australia has recommended ASML, Adobe, Amazon.com, Apple, and VanEck Morningstar Wide Moat 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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The Rhythm Biosciences Ltd (ASX: RHY) share price had a day to forget on Monday.

The medical diagnostics technology’s shares returned from a trading halt and crashed as much as 52% to 46 cents.

The ASX All Ords share ultimately recovered a touch and ended the day with a 38% decline to 59.5 cents.

Why did this ASX All Ords share get hammered?

Investors were hitting the sell button in a panic on Monday after the company was dealt a blow by the Australian Therapeutic Goods Administration (TGA).

According to an announcement, after the receipt and analysis of a thorough application review and its most recent engagement with the TGA, the company has decided to withdraw its current ColoSTAT application for an Australian Register of Therapeutic Goods (ARTG) listing.

Rhythm Biosciences’ ColoSTAT product is a simple, low-cost, blood test for global mass market detection of colorectal cancer. It notes that worldwide, colorectal cancer is the third most common cancer in men and the second most common in women, accounting for an estimated 1.9 million new cases and 935,000 deaths annually.

Management advised that it is withdrawing its application because it simply does not have enough time to answer the regulator’s questions within the necessary timeframe. This is because some questions will require new internal analytical testing and the TGA is reluctant to provide an extension beyond its 20 business days timeframe.

The good news is that this isn’t the end of the road for ColoSTAT in Australia. Management intends to submit a new application with the TGA, in line to better meet their feedback and questions posed.  And while the company doesn’t know when the new application will be submitted, it does expect it to be in the current calendar year.

Furthermore, this withdrawal does not impede the ASX All Ords share’s proposed market entry activities into other CE Mark conforming territories and additional international markets, including the United States.

Management commentary

Rhythm Biosciences’ Executive Chairman, Otto Buttula, was disappointed but remains positive on the future. Buttula said:

Having decided to withdraw RHY’s current TGA submission for ColoSTAT is clearly disappointing for all stakeholders. Nonetheless, we appreciate the thorough review undertaken and meaningful dialogue with the TGA. Following the TGA’s most recent feedback, both written and verbal and management / Board review, we believe that time constraints imposed result in a better opportunity for the Company to submit a new and strengthened application, in line with the questions raised in the TGA application review. Hence, with a new submission to be completed in line with the questions raised by the TGA, we believe we have a better blueprint to follow in framing our new application.

Therefore, I remain confident of a TGA registration for ColoSTAT in the future. Whilst Australia, as our home, remains important, it represents one of the smaller markets in our global aspirations and the Company has always intended to build the majority of its revenues in overseas territories. We look forward to keeping the market abreast of other positive developments in the near term.

The post Guess which ASX All Ords share just crashed 52% on a TGA update 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.

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Are you wanting to gain exposure to the mining sector? If you are, then read on!

Listed below are two ASX 200 mining shares that analysts are tipping as buys. Here’s what they are saying about them:

Iluka Resources Limited (ASX: ILU)

The first ASX 200 mining share that could be in the buy zone is Iluka. It is a mineral sands and rare earths producer with a number of operations across South Australia and Western Australia.

Analysts at Goldman Sachs are very positive on the company. This is due partly to the favourable outlook for mineral sands, and its exposure to rare earths.

Goldman commented:

We are positive on ILU’s project pipeline and forecast >30% production growth in mineral sands volumes, c.18ktpa of Rare Earths (~3.5-4ktpa of high value NdPr). We think ILU’s Eneabba RE refinery is a strategic asset considering it will be only the third western world RE refinery.

The broker currently has a conviction buy rating and $12.50 price target on Iluka’s shares.

Santos Ltd (ASX: STO)

Another ASX 200 dividend share that could be a buy is Santos.

Thanks to its recent merger with Oil Search, it is now one of the world’s largest energy producers with a collection of world class operations and projects.

The team at Morgans is positive on the company due to its growth prospects and diversified earnings base. The broker commented:

The resilience of STO’s growth profile and diversified earnings base see it well placed to outperform against the backdrop of a broader sector recovery. While pre-FEED, we see Dorado as likely to provide attractive growth for STO, while its recent acquisition increasing its stake in Darwin LNG has increased our confidence in Barossa’s development.

Morgans has the company on its best ideas with an add rating and $8.60 price target.

The post 2 ASX 200 mining shares to buy in March: analysts 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.

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As an ASX 200 big four bank share, Commonwealth Bank of Australia (ASX: CBA) is beloved by many an investor here on the ASX. The ASX bank shares are perhaps most famous for their large and fully franked dividend payments.

As such, they are a staple of income investors, pension funds and superannuation accounts all over the country.

And none more so than CBA. As ASX’s largest and best-performing bank (over the past ten years), CBA is one of the most popular investments out there.

So if you told an investor they could get a yield of 6.78% from CBA right now, they would probably hand over the cash without further questioning. But if that investor did start asking questions, they might realise that something is amiss.

Come 30 March later this month, CBA will have paid out two dividends over the past 12 months of $2.10 per share each. That will give the CBA share price a dividend yield of 4.26% based on the share price of $98.60 that the bank has closed at today.

4.26% is a long way from 6.78%. Even when grossed up with CBA’s full franking, that only comes out at a 6.09% yield. So what’s the deal here?

CBA issues high-yielding bonds

Well, this yield won’t be coming from CBA shares themselves. Rather, it will hail from the new round of fixed-interest investments, or bonds, CBA has reportedly issued.

According to a report in The Australian today, CBA has just wrapped up a subordinated and unsecured bond issue after raising $1.75 billion from the program and gaining $3.46 billion in demand. These bonds are fixed-rate, 15-year bonds with a non-call period of ten years. They will be offering a yield of 6.775% to investors.

It seems this is becoming a bit of a trend on the ASX. CBA’s fellow big four bank ANZ Group Holdings Ltd (ASX: ANZ) issued a similar batch of bonds just last month. Ditto with another blue chip ASX 200 share in Telstra Group Ltd (ASX: TLS).

CBA has yet to announce the eligibility criteria for these new bonds. But if the offer is similar to those of ANZ and Telstra, it’s likely that most ordinary retail investors won’t be able to participate.

So perhaps the majority of income investors out there might have to make do with CBA’s dividend yield of 4.26% for the time being.

The post Bond blitz: CBA offers 6.7% yield, but not on its shares appeared first on The Motley Fool Australia.

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Motley Fool contributor Sebastian Bowen has positions in Telstra Group. 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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