• Will these ASX 200 shares help you retire rich?

    Smiling elderly couple looking at their superannuation account, symbolising retirement.

    Smiling elderly couple looking at their superannuation account, symbolising retirement.

    When building a retirement portfolio, it’s can be a good idea to find defensive options with long-term growth potential.

    But which ASX 200 shares could fit the bill right now?

    Two retirement shares that analysts at Goldman Sachs are feeling very positive about are listed below. Here’s what they are saying about them:

    Telstra Group Ltd (ASX: TLS)

    Goldman thinks that telco giant could be an ASX 200 share to buy right now.

    It highlights that its low risk earnings growth is what it finds most attractive about the company.

    We believe the low risk earnings (and dividend) growth that Telstra is delivering across FY22-25, underpinned through its mobile business, is attractive.

    In addition, the broker sees opportunities for the company to unlock value through asset divestments. It adds:

    We also believe that Telstra has a meaningful medium term opportunity to crystallise value through commencing the process to monetize its InfraCo Fixed assets – which we estimate could be worth between A$22-33bn.

    In the meantime, Goldman is expecting the company to pay fully franked dividends per share of 18 cents in FY 2024 and 19 cents in FY 2025. Based on the current Telstra share price of $3.98, this will mean yields of 4.5% and 4.75%, respectively.

    Goldman has a buy rating and $4.70 price target on its shares.

    Woolworths Limited (ASX: WOW)

    The broker also thinks that this supermarket giant and Big W owner could be an ASX 200 share to buy for a retirement portfolio.

    As well as its defensive qualities, Goldman rates the company highly due to its leadership position and the stickiness and loyalty of its customers. It explains:

    We are Buy rated on the stock as we believe the business has among the highest consumer stickiness and loyalty among peers, and hence has strong ability to drive market share gains via its omni-channel advantage, as well as pass through any cost inflation to protect its margins, beyond market expectations.

    And while its growing dividend yields are not as generous as Telstra’s, Goldman still expects them to be in the region of 3% over the medium term.

    The broker has a conviction buy rating and $42.30 price target on Woolworths’ shares.

    The post Will these ASX 200 shares help you retire rich? appeared first on The Motley Fool Australia.

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    Scott just revealed what he believes could be the ‘five best ASX stocks’ for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now…

    See The 5 Stocks
    *Returns as of 10 November 2023

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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 Goldman Sachs Group. 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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  • 3 ASX dividend shares with 5%+ yields to buy now

    Man holding out $50 and $100 notes in his hands, symbolising ex dividend.

    Man holding out $50 and $100 notes in his hands, symbolising ex dividend.

    If you’re on the lookout for some new additions to your income portfolio, then read on.

    Listed below are three ASX dividend shares that brokers have recently been named as buys.

    Here’s what sort of dividend yields you can expect from them:

    Accent Group Ltd (ASX: AX1)

    Bell Potter think that Accent Group would be a top option for income investors. It is the owner of store brands including The Athlete’s Foot, Stylerunner, and HYPEDC.

    The broker is forecasting fully franked dividends per share of 12 cents in FY 2024 and then 14.1 cents in FY 2025. Based on the current Accents share price of $2.22, this represents dividend yields of 5.4% and 6.4%, respectively.

    Its analysts currently have a buy rating and $2.50 price target on its shares.

    Dalrymple Bay Infrastructure Ltd (ASX: DBI)

    Another ASX dividend share that could offer an attractive yield is Dalrymple Bay Infrastructure. It is the long-term operator of the Dalrymple Bay Coal Terminal (DBCT).

    Citi is positive on the company and believes it is well-positioned to pay dividends per share of 20.6 cents in FY 2023 and 22 cents in FY 2024. Based on the latest Dalrymple Bay Infrastructure share price of $2.78, this will mean yields of 7.4% and 7.9%, respectively.

    Citi has a buy rating and $3.00 price target on its shares.

    QBE Insurance Group Ltd (ASX: QBE)

    Over at Goldman Sachs, its analysts believe that insurance giant QBE could be an ASX dividend share to buy. This is due largely to favourable tailwinds and strong premium increases in the insurance market.

    Goldman expects this to allow the company to pay a 59 US cents (90.4 Australian cents) per share dividend in FY 2024 and a 61 US cents (93.5 Australian cents) per share dividend in FY 2025. Based on the current QBE share price of $16.64, this equates to yields of 5.4% and 5.6%, respectively.

    Goldman has a buy rating and $18.52 price target on the company’s shares.

    The post 3 ASX dividend shares with 5%+ yields to buy now appeared first on The Motley Fool Australia.

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    Scott just revealed what he believes could be the ‘five best ASX stocks’ for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now…

    See The 5 Stocks
    *Returns as of 10 November 2023

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    Citigroup is an advertising partner of The Ascent, a Motley Fool company. 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 Goldman Sachs Group. The Motley Fool Australia has recommended Accent 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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  • ‘Buying opportunity’: 2 ASX lithium shares with cash to ride out the current depression

    Two excited mining workers in yellow high vis vests and hardhats shake hands to congratulate each other on a mineral discoveryTwo excited mining workers in yellow high vis vests and hardhats shake hands to congratulate each other on a mineral discovery

    Investors in ASX lithium shares have had a headache for a year now as global prices for the battery ingredient have nosedived.

    According to TradingEconomics, the lithium carbonate price was nearing 600000CNY per tonne 15 months ago but can now barely reach six figures.

    And this has meant a classic cyclical downturn as is common in the mining industry.

    ASX lithium stocks have plunged as some lithium mines have been forced to stop production because they had become uneconomical to keep running.

    Like other minerals, most experts predict that the lithium price will eventually recover, especially with its importance in the transition to a lower carbon future.

    But this environment has meant that only some lithium producers have had the financial resources to endure this tough part of the cycle.

    So if you were to buy some lithium stocks right now while they’re cheap, which ones are the best to go for?

    A couple of fund managers had some ideas this week:

    ‘Ability to remain profitable throughout the cycle’

    Bell Potter advisor Christopher Watt has been impressed with Pilbara Minerals Ltd (ASX: PLS)’s resilience.

    “The December 2023 quarterly activities update demonstrated Pilbara’s ability to remain profitable throughout the cycle,”  Watt told The Bull.

    He reckons Pilbara Minerals could absorb even more punishment.

    “The lithium miner maintains a strong balance sheet to withstand any further declines in lithium prices.

    “We expect the lithium market to recover in the long term and believe recent share price weakness in Pilbara presents a buying opportunity.”

    The Pilbara share price has lost about 26% over the past year, while paying out a fully franked 6.9% dividend yield.

    Unfortunately, Pilbara shares are currently the most shorted stock on the ASX. However, this means that any revival could trigger a massive surge in price as short sellers seek to quickly cover their positions.

    The lithium shares with a catalyst coming in June

    Meanwhile, Baker Young analyst Toby Grimm’s buy right now is Mineral Resources Ltd (ASX: MIN).

    He admits the business is feeling the effects of low lithium prices, but one particular mine is providing much hope for the future.

    “While still under pressure from falling lithium prices, we’re encouraged by the company’s recent update regarding the development of the Onslow iron ore project,” he said.

    “The project is on track to deliver [its] first ore-on-ship in June 2024.”

    And once this happens, it will deliver much needed funds to help it endure the tough conditions.

    “It will provide excellent cash flow ahead of what we expect will be an eventual lithium market recovery.”

    MinRes shares have plunged 37% over the past 12 months. They are paying a 3.3% dividend yield, fully franked.

    The post ‘Buying opportunity’: 2 ASX lithium shares with cash to ride out the current depression appeared first on The Motley Fool Australia.

    Wondering where you should invest $1,000 right now?

    When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for over ten years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    Scott just revealed what he believes could be the ‘five best ASX stocks’ for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now…

    See The 5 Stocks
    *Returns as of 10 November 2023

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    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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  • 5 things to watch on the ASX 200 on Tuesday

    Smiling man with phone in wheelchair watching stocks and trends on computer

    Smiling man with phone in wheelchair watching stocks and trends on computerOn Monday, the S&P/ASX 200 Index (ASX: XJO) started the week with a decline. The benchmark index fell 0.4% to 7,614.9 points.

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

    ASX 200 expected to rebound

    The Australian share market is expected to rebound on Tuesday despite a mixed start to the week on Wall Street. According to the latest SPI futures, the ASX 200 is poised to open the day 28 points or 0.4% higher. In late trade in the United States, the Dow Jones is up 0.3%, the S&P 500 is flat, and the NASDAQ is down 0.3%.

    CSL results

    CSL Ltd (ASX: CSL) shares will be on watch today when the biotechnology company releases its half year results. A strong result is expected by the market. Morgans commented: “FY24 guidance suggests solid 1H. FY24 constant currency guidance calls for NPATA US$2.9-3bn (13-17%) on 9-11% revenue growth, with operating efficiency improving, B/S leverage declining (2x ND/EBITDA) and ROIC “steadily improving” over time.”

    Oil prices soften

    ASX 200 energy shares including Woodside Energy Group Ltd (ASX: WDS) and Karoon Energy Ltd (ASX: KAR) could have a subdued session after oil prices fell overnight. According to Bloomberg, the WTI crude oil price is down 0.25% to US$76.64 a barrel and the Brent crude oil price is down 0.5% to US$81.77 a barrel. Traders appear to have been taking profit after recent gains.

    Beach named as a buy

    Bell Potter thinks investors should be buying Beach Energy Ltd (ASX: BPT) shares following the release of its half year results. This morning, the broker has retained its buy rating with a $1.90 price target. It said: “BPT has a strong, fully funded production growth outlook, diversified across five energy basins and across four separate gas markets. […] With a positive view on Australian east coast gas and LNG markets, and strong earnings growth outlook, we maintain a Buy recommendation.”

    Gold price eases

    ASX 200 gold shares including Evolution Mining Ltd (ASX: EVN) and Regis Resources Limited (ASX: RRL) could fall today after the gold price eased overnight. According to CNBC, the spot gold price is down 0.2% to US$2,035.1 an ounce. Traders were selling gold ahead of the release of inflation data in the United States.

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

    Wondering where you should invest $1,000 right now?

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    Scott just revealed what he believes could be the ‘five best ASX stocks’ for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now…

    See The 5 Stocks
    *Returns as of 10 November 2023

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    Motley Fool contributor James Mickleboro has positions in CSL and Woodside Energy Group. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended CSL and Goldman Sachs Group. The Motley Fool Australia has recommended CSL. 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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  • 2 rejuvenated ASX 200 stocks with ‘strong brands’ ready to roar again

    A happy couple drinking red wine in a vineyard as the Treasury Wine share price rises todayA happy couple drinking red wine in a vineyard as the Treasury Wine share price rises today

    Sometimes even good companies fall out of favour with investors.

    It might be that the economic conditions aren’t quite right for them in the short term, or they might be dealing with some one-off problems.

    But when it becomes clear that the problems are not chronic and the stock starts poking up,  it could be an excellent buying opportunity for investors.

    Here are two such S&P/ASX 200 Index (ASX: XJO) stocks that the experts are rating as buy this week:

    The next month could ‘ignite demand’

    Treasury Wine Estates Ltd (ASX: TWE) lost a major export market four years ago when China instituted punitive tariffs on imported wine in retaliation for Canberra’s call for an enquiry into the origins of COVID-19.

    Now that diplomatic relations have thawed somewhat, there could be a revival.

    “A review of punitive tariffs imposed on Australian wine in China is expected to be completed at the end of March,” Shaw and Partners senior investment advisor Jed Richards told The Bull.

    “Lifting tariffs, or significantly reducing them should ignite demand for Treasury Wine’s Penfolds brand.”

    The market has started to appreciate that the business is solid outside of the China issue, pushing the Treasury stock price up more than 9% since early January.

    Richards said that Treasury Wine has “a strong track record”.

    “The company offers strong brands and a quality management team.”

    Many of his peers agree. A whopping 12 out of 14 analysts surveyed on CMC Markets currently rate the stock as a buy.

    The ASX 200 stock looking forward to rate cuts

    The Macquarie Group Ltd (ASX: MQG) shares have merely moved sideways since a brief period in late 2021 when the investment bank overtook Westpac Banking Corp (ASX: WBC)’s market capitalisation to technically enter the Big Four.

    Baker Young analyst Toby Grimm is convinced transitory headwinds are now behind Macquarie.

    “Downgrades in mid to late 2023 were due to difficult corporate transaction conditions,” he said.

    “However, we believe financial conditions are improving.”

    A likely pivot from central banks around the world will set up favourable conditions for Macquarie in the coming years.

    “The global outlook includes interest rates cuts, which, in our view, positions this diversified financial services company to benefit from improving transaction volumes and earnings in fiscal years 2024 and 2025.”

    The post 2 rejuvenated ASX 200 stocks with ‘strong brands’ ready to roar again appeared first on The Motley Fool Australia.

    Wondering where you should invest $1,000 right now?

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    Scott just revealed what he believes could be the ‘five best ASX stocks’ for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now…

    See The 5 Stocks
    *Returns as of 10 November 2023

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    Motley Fool contributor Tony Yoo has positions in Macquarie Group. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Macquarie Group. The Motley Fool Australia has positions in and has recommended Macquarie Group. The Motley Fool Australia has recommended Treasury Wine Estates. 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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  • 4 ASX ETFs to supercharge your portfolio in February

    Man looking at an ETF diagram.

    Man looking at an ETF diagram.

    There are plenty of exchange-traded funds (ETFs) for investors to choose from, but which ones could be buys in February?

    Let’s take a look at four top options that could be worth considering this month:

    BetaShares Asia Technology Tigers ETF (ASX: ASIA)

    The BetaShares Asia Technology Tigers ETF could be a top option if you’re feeling bullish on the long-term outlook of the Asian economy. That’s because it provides investors with easy access to the biggest and best companies that the region has to offer. This includes Tencent, which owns the WeChat super app and has approximately 1.3 billion users.

    BetaShares Global Cybersecurity ETF (ASX: HACK)

    Another ASX ETF that is highly rated is the BetaShares Global Cybersecurity ETF. It offers investors access to a global cybersecurity sector that is predicted to grow materially over the next decade due to the rising threat of cybercrime. Among the companies included in the fund are Accenture, Cisco, and Palo Alto Networks.

    ETFS Battery Tech & Lithium ETF (ASX: ACDC)

    The lithium industry has been sold off over the last 12 months. But if you think that this is a temporary blip, then it could be worth checking out the ETFS Battery Tech & Lithium ETF. It invests in the leading companies in the battery technology and lithium industries. This includes miners, battery producers, and electric vehicle manufacturers.

    Vanguard MSCI Index International Shares ETF (ASX: VGS)

    Finally, the Vanguard MSCI Index International Shares ETF could be a good option for investors if they’re looking to diversify a portfolio. That’s because it provides easy access to approximately 1,500 of the world’s largest listed companies (excluding Australia). Among its holdings are companies from countries including the US, Japan, UK, France, Canada, and the Netherlands.

    The post 4 ASX ETFs to supercharge your portfolio in February appeared first on The Motley Fool Australia.

    Wondering where you should invest $1,000 right now?

    When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for over ten years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    Scott just revealed what he believes could be the ‘five best ASX stocks’ for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now…

    See The 5 Stocks
    *Returns as of 10 November 2023

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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 Accenture Plc, BetaShares Global Cybersecurity ETF, Cisco Systems, Global X Battery Tech & Lithium ETF, Palo Alto Networks, and Tencent. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended the following options: long January 2025 $290 calls on Accenture Plc and short January 2025 $310 calls on Accenture Plc. The Motley Fool Australia has positions in and has recommended BetaShares Global Cybersecurity ETF. The Motley Fool Australia has recommended Betashares Capital – Asia Technology Tigers Etf, Global X Battery Tech & Lithium ETF, and Vanguard Msci Index International Shares ETF. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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  • 2 ASX stock picks with explosive potential

    Man with rocket wings which have flames coming out of them.Man with rocket wings which have flames coming out of them.

    If you’re willing to put up with a little bit more risk than the average, there are some ASX stocks out there with the capability to rocket in a short amount of time.

    They potentially have some catalysts coming that, if they occur, could put an absolute rocket under the share price.

    Of course, nothing is guaranteed, but enter these types of investments with an open mind and a risk-on mindset, and you may find yourself with handsome riches at the end of the journey.

    Let’s take a look at two ASX stock picks ripe with such potential:

    Try a 1,400% gain for explosive potential

    Telix Pharmaceuticals Ltd (ASX: TLX) shares, already up 15.8% so far this year, are a classic example of a growth stock with explosive capabilities.

    It is a maker of anti-cancer diagnostic and therapeutic products.

    This means that every success in the development process — clinical trials, regulatory approval, or commercial release — will be met with excitement in the stock market.

    Its journey over the past few years is testament to that. The Telix share price has gained an unbelievable 1,468% in the past five years and 87% over the past 12 months.

    The company is in a great position now because it already has a product, Illuccix, on sale commercially. So this brings in revenue to fund its future pipeline.

    Many experts agree that Telix stocks have incredible potential. According to CMC Invest, all eight analysts studying the stock rate it as a buy.

    The stock pick that could rocket with the economy

    Chrysos Corporation Ltd (ASX: C79) has a very specific remit.

    The company provides assay services for the mining industry, which means it tests samples to determine the quality and quantity of any minerals present.

    Its PhotonAssay technology is unique in the industry for its speed, accuracy, and environmental credentials. And it is rapidly gaining customers.

    That’s shown in how the shares soared 77%  over the past year, during a period in which the mining industry has had mixed fortunes.

    So imagine how well the business and stock could do when the mining industry is in full swing in the coming years as the global economy recovers back to health.

    The shares have dipped 16% this year, providing a buying opportunity.

    Shaw and Partners senior investment advisor Jed Richards attributed that to Chrysos falling short of revenue expectations in a January update.

    But that’s a minor setback, as far as he’s concerned.

    “Delays in the number of PhotonAssay unit installations reflect timing issues as opposed to a reduction in demand,” Richards told The Bull.

    “We view the share price reaction as overdone, presenting attractive entry levels for investors.”

    The post 2 ASX stock picks with explosive potential appeared first on The Motley Fool Australia.

    Wondering where you should invest $1,000 right now?

    When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for over ten years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    Scott just revealed what he believes could be the ‘five best ASX stocks’ for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now…

    See The 5 Stocks
    *Returns as of 10 November 2023

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    Motley Fool contributor Tony Yoo has positions in Telix Pharmaceuticals. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Chrysos and Telix Pharmaceuticals. The Motley Fool Australia has positions in and has recommended Chrysos. The Motley Fool Australia has recommended Telix Pharmaceuticals. 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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  • Transform $50 into monthly income: The best ASX dividend stocks under $50

    Woman holding $50 notes with a delighted face.

    Woman holding $50 notes with a delighted face.

    There aren’t too many ASX dividend stocks on the ASX boards that pay investors every single month.

    Rather, the norm for the vast majority of income stocks is to provide their investors with a paycheque every six months. Getting your dividends twice a year may be okay for some investors. But others would probably enjoy the certainty of a monthly salary.

    Of course, you do have the option to invest in monthly dividend payers directly. But, as we mentioned earlier, these are nearly as rare as rooster eggs on the ASX. Some options include Plato Income Maximiser Ltd (ASX: PL8), BetaShares Dividend Harvester Fund (ASX: HVST) and Metrics Master Income Trust (ASX: MXT).

    But let’s say none of these monthly ASX dividend stocks appeals to you. What’s an investor to do?

    Well, one path is to compile a concentrated portfolio of high-quality ASX dividend stocks. If you choose the right shares, you can be assured of a dividend paycheque (almost) every month of the year.

    Here’s how I would do it, using shares that are all under $50 each.

    Building a monthly income portfolio

    Firstly, I would spend an equal amount on each of the following ASX dividend stocks:

    In my opinion, these six investments provide ASX income investors with a balanced, but diversified group of quality shares that you can reasonably expect reliable income from.

    Toll-road operator Transurban is a company that has serious inflation protection mechanisms built into its earnings base and offers a dividend yield well over 4% today.

    Telstra is another defensive share with phenomenal market share in its telecommunications space. It has a fully-franked dividend yield of over 4% today.

    Woolworths is a consumer staples giant that also offers significant inflation protection and an earning base that can be relied upon during both booms and recessions. Its fully-franked dividend yield is presently sitting at just under 3%.

    Brickworks is another diverse company that effectively offsets the cyclicality of its construction materials business with a robust portfolio of property and stocks. It hasn’t hit investors with a dividend pause or cut since the 1970s, and today offers a fully franked dividend yield of just over 2.25%.

    NAB is a famous income-heavy hitter on the ASX. As a big four bank, it is a remarkably mature, stable and robust company that has a fully-franked dividend yield of just over 5.1% on the market today.

    Finally, the Vanguard Australian Shares ETF is an index fund that allows ASX investors to indirectly buy into the largest 300 stocks on the ASX, all in one share. As such, its quarterly dividend typically reflects an average of all of the income that is produced on the Australian stock market.

    Why these six ASX dividend stocks?

    For one, I view these ASX dividend stocks as some of the best and most reliable income payers that the ASX has to offer. I would be happy to own all of them in my own personal portfolio (indeed, I own a few already).

    But this particular selection has a bonus for investors too. Owning all six should give you a good shot at a dividend paycheque every month of the year, bar one.

    Naturally, dividends can never be fully relied upon (as COVID proved). There’s always a chance that a company might decline to pay a dividend in a certain half-year. It could also decide to move its payment day, which would disrupt the calendar you’re about to see.

    But I think there’s a decent chance investors won’t have to worry too much with these ASX dividend stocks.

    Starting with January, investors will be in line to receive the first of the Vanguard Australian Shares ETF’s dividend distributions.

    February will then see Transurban fork out its own payment. March has Telstra’s interim dividend, with Woolworths following in April, and Brickworks in May.

    In July, NAB usually forks out one of its dividends, with Transurban coming in with its second in August.

    September is a big month, with both Woolies and Telstra dropping their second payments.

    October is another VAS month, while November will see Brickworks round out its dividends for the year.

    Finally, NAB typically gives its shareholders an early Christmas present in December when its second dividend leaves the company doors.

    So with just six ASX dividend stocks, each going for under $50 today, you can set up a near-perfect monthly dividend schedule.

    June of course is the only outlier. So our investor might have to tighten the belt that month. But if they can get through June, there are 11 months of straight monthly paycheques to look forward to.

    The post Transform $50 into monthly income: The best ASX dividend stocks under $50 appeared first on The Motley Fool Australia.

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    Scott just revealed what he believes could be the ‘five best ASX stocks’ for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now…

    See The 5 Stocks
    *Returns as of 10 November 2023

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    Motley Fool contributor Sebastian Bowen has positions in National Australia Bank, Plato Income Maximiser, Telstra Group, and Vanguard Australian Shares Index ETF. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Brickworks and Transurban Group. The Motley Fool Australia has positions in and has recommended Brickworks and 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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  • Here are the top 10 ASX 200 shares today

    JB Hi-Fi staffer helping customer share price

    JB Hi-Fi staffer helping customer share price

    The S&P/ASX 200 Index (ASX: XJO) kicked off the week’s trading today on a rather sour note. The ASX 200 closed 0.39% lower today, finishing the session at 7,614.9 points.

    That puts February’s losses for the index at 0.9% so far, despite the fresh new all-time highs we saw earlier his month.

    This disappointing start to the trading week follows an interesting end to the Americans’ week last Friday night.

    The Dow Jones Industrial Average Index (DJX: .DJI) finished its week on a bad note, closing 0.14% lower.

    However, it was a very different story for the tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC), which rocketed by a happy 1.25%.

    But back to the ASX now, with a glance at how the different ASX sectors fared this Monday.

    Despite the overall loss from the broader market, we still had quite a few winners today.

    Winners and losers

    But starting with the losers, healthcare stocks were the worst place to be in this session. The S&P/ASX 200 Healthcare Index (ASX: XHJ) had a horrid day, tanking by 3.19%. you can probably blame the woes of CSL Ltd (ASX: CSL) for that.

    Energy shares didn’t fare well either. The S&P/ASX 200 Energy Index (ASX: XEJ) also had a day to forget, cratering by 1.03%.

    Gold stocks were also on the nose. The All Ordinaries Gold Index (ASX: XGD) had a clanger, dropping 0.94%.

    The same can be said of broader mining shares, as you can see from the S&P/ASX 200 Materials Index (ASX: XMJ)’s loss of 0.57%.

    ASX consumer staples stocks had a rough time as well, with the S&P/ASX 200 Consumer Staples Index (ASX: XSJ) shedding 0.18% of its value.

    Real estate investment trusts (REITs) were our final red sector. The S&P/ASX 200 A-REIT Index (ASX: XPJ) ended up retreating by 0.1%.

    Turning now to the winners, and it was tech stocks that came out on top today. The S&P/ASX 200 Information Technology Index (ASX: XIJ) was in fine form, surging by 1.02%.

    Consumer discretionary shares were hot on tech’s heels, with the S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ) shooting up by 0.58%.

    Utilities stocks got an invite to the party as well, with the S&P/ASX 200 Utilities Index (ASX: XUJ) rising 0.47%.

    Industrial shares were there as well. The S&P/ASX 200 Industrials Index (ASX: XNJ) enjoyed a 0.25% gain this Monday.

    Communications stocks weren’t left out either. The S&P/ASX 200 Communication Services Index (ASX: XTJ) let no one down with a bump of 0.19%.

    Financial shares brought it home too, illustrated by the S&P/ASX 200 Financials Index (ASX: XFJ)’s lift of 0.11%.

    Top 10 ASX 200 shares countdown

    Coming out on top of the index this Monday was electronics retailer JB Hi-Fi Ltd (ASX: JBH). JB shares surged 7.13% up to $60.58 each after the company revealed what was evidently a well-received earnings report this morning.

    Here’s how the rest of today’s best-performing stocks stand:

    ASX-listed company Share price Price change
    JB Hi-Fi Ltd (ASX: JBH) $60.58 7.13%
    Lovisa Holdings Ltd (ASX: LOV) $25.53 4.76%
    Pro Medicus Limited (ASX: PME) $111.35 4.29%
    Beach Energy Ltd (ASX: BPT) $1.71 3.32%
    Aurizon Holdings Ltd (ASX: AZJ) $3.88 3.19%
    Super Retail Group Ltd (ASX: SUL) $16.45 3.13%
    TechnologyOne Ltd (ASX: TNE) $16.34 3.03%
    Bapcor Ltd (ASX: BAP) $5.84 2.28%
    Eagers Automotive Ltd (ASX: APE) $14.54 2.18%
    Harvey Norman Holdings Limited (ASX: HVN) $4.75 2.15%

    Our top 10 shares countdown is a recurring end-of-day summary to let you know which companies were making big moves on the day. Check in at Fool.com.au after the weekday market closes to see which stocks make the countdown.

    The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

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    See The 5 Stocks
    *Returns as of 10 November 2023

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    Motley Fool contributor Sebastian Bowen has positions in CSL. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended CSL, Lovisa, Pro Medicus, and Technology One. The Motley Fool Australia has positions in and has recommended Harvey Norman and Super Retail Group. The Motley Fool Australia has recommended Aurizon, Bapcor, CSL, Eagers Automotive Ltd, Jb Hi-Fi, Lovisa, Pro Medicus, and Technology One. 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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  • CSL shares could pop 9% on surprising results if history repeats itself

    Shot of a scientist using a computer while conducting research in a laboratory.Shot of a scientist using a computer while conducting research in a laboratory.

    CSL Ltd (ASX: CSL) results are due out Tuesday morning, and it could be a huge day of trading for the healthcare stock.

    Already on Monday CSL shares plunged more than more than 5% at one stage after unfavourable test results for its CSL112 drug was disclosed.

    History suggests, though, that if the latest financial figures look good, CSL shares could more than wipe out that loss plus more.

    Biotech stocks can swing wildly

    This time two years ago, CSL’s report revealed that it had implemented efficiencies in its plasma collection network while it was dormant during the COVID-19 pandemic.

    That news, a US$1.7 billion half-year profit, and a confirmation of its forward guidance sent the share price soaring 8.5% that day.

    For a huge biotechnology company like CSL, it doesn’t take much to get the market excited enough to move the dial on valuation.

    So there is no reason why this can’t happen again this Tuesday.

    eToro market analyst Josh Gilbert noted that CSL’s 2023 financial results had been well received by investors, sending the share price 10% higher since last reporting season.

    “Shareholders were pleased with the healthcare giant’s FY23 results, where revenue growth went up 31% year-over-year to US$13.31 billion, and the company’s FY24 guidance continued to hold firm,” he said.

    “CSL’s projected underlying profit range of US$2.9 billion to US$3 billion for FY24 has provided reassurance to investors eagerly anticipating the company’s half-year results.”

    Everyone craving direction on CSL shares

    One risk highlighted recently was regulatory developments coming out of Europe.

    “The company’s share price faced a decline [last] week following news of a UK investigation into alleged anti-competitive behaviour from CSL Vifor. 

    “If found guilty, CSL faces potential fines and reputational damage, which may impact the company’s FY24 results.”

    Considering the mixed signals, investors will be seeking some sort of firm direction on Tuesday morning.

    “They are keen to ascertain whether CSL has sustained its course toward recovery following the turbulence its share price experienced in 2023.”

    Professional investors are still pretty keen on CSL shares, with 12 out of 14 analysts currently rating the healthcare giant as a buy.

    The post CSL shares could pop 9% on surprising results if history repeats itself appeared first on The Motley Fool Australia.

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    Scott just revealed what he believes could be the ‘five best ASX stocks’ for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now…

    See The 5 Stocks
    *Returns as of 10 November 2023

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    Motley Fool contributor Tony Yoo has positions in CSL. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended CSL. The Motley Fool Australia has recommended CSL. 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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