• Here are the top 10 ASX 200 shares today

    Top ten gold trophy.Top ten gold trophy.

    The S&P/ASX 200 Index (ASX: XJO) enjoyed a second day in the red on Wednesday despite materials shares weighing on the market. The index was 0.23% higher at 6,823.20 points at today’s close.

    That was despite news Australia’s consumer price index (CPI) rose 6.1% over the 12 months to the June quarter.

    The S&P/ASX 200 Health Care Index (ASX: XIJ) and S&P/ASX 200 Financial Index (ASX: XFJ) led the market, gaining 1.2% and 1% respectively.

    They were driven by shares in Clinuvel Pharmaceuticals Limited (ASX: CUV) and Zip Co Ltd (ASX: ZIP), which gained 8% and 21% respectively despite the companies’ silence.

    On the other side of the spectrum, the S&P/ASX 200 Materials Index (ASX: XIJ) tumbled 1.2% today.

    It was likely driven lower by the falling price of some base metals including nickel. Gold futures fell ever so slightly to US$1,717.70 an ounce overnight while iron ore futures rose 1.3% to US$106.35 a tonne.

    At the end of Wednesday’s trade, six of the ASX 200’s 11 sectors were in the green.

    So, which ASX 200 shares outperformed all others on Wednesday. Keep reading to find out.

    Top 10 ASX 200 shares countdown

    For the second day in a row, the Zip share price took out the top spot among its peers. Find out what’s been driving the buy now, pay later (BNPL) share lately here.

    Today’s biggest gains were made by these ASX 200 shares:

    ASX-listed company Share price Price change
    Zip Co Ltd (ASX: ZIP) $1.24 20.98%
    BrainChip Holdings Ltd (ASX: BRN) $1.26 8.62%
    Clinuvel Pharmaceuticals Limited (ASX: CUV) $16.96 8.03%
    Silver Lake Resources Limited (ASX: SLR) $1.41 6.02%
    De Grey Mining Limited (ASX: DEG) $0.825 3.77%
    Ramelius Resources Limited (ASX: RMS) $1.03 3.52%
    Iress Ltd (ASX: IRE) $11.35 3.37%
    West African Resources Ltd (ASX: WAF) $1.235 3.35%
    St Barbara Ltd (ASX: SBM) $0.93 3.33%
    Regis Resources Limited (ASX: RRL) $1.625 3.17%

    Our top 10 ASX 200 shares countdown is a recurring end-of-day summary to ensure you know which companies were making big moves on the day. Check in at Fool.com.au after the market has closed during weekdays 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.

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

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    *Returns as of July 7 2022

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    Motley Fool contributor Brooke Cooper 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 ZIPCOLTD FPO. 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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  • Why did the Droneshield share price charge 10% higher today?

    man on his phone in front of all his computer screens checking the market and the ASX 200man on his phone in front of all his computer screens checking the market and the ASX 200

    The Droneshield Ltd (ASX: DRO) share price surged on Wednesday amid the company securing a deal with a US government agency.

    The company’s share price gained 9.59% to close at 20 cents. For perspective, the  S&P/ASX 200 Index (ASX: XJO) closed 0.3% higher today.

    Let’s take a look at what went on with the Droneshield share price today.

    $500,000 US Government agency repeat order

    Investors bought up Droneshield’s shares after the company secured a new deal in the US.

    The company advised the market it has received a repeat order worth $500,000 for its counter-drone defence system.

    Droneshield expects to receive payment for the deal in the September quarter.

    CEO Oleg Vornik said DronesShield is now at an “inflection point”. He also noted the company has multiple high-profile customers.

    Vormik added the “next step” for the company will be achieving orders regularly in the multimillion dollars which he expects “to commence through 2H22”.

    He added:

    This repeat order from a customer with some of the most demanding and complex Government agency requirements globally, shows the industry leading capabilities of DroneShield products.

    Droneshield provides artificial intelligence technology for unmanned aircraft systems (UAS) threats.

    Share snapshot

    The Droneshield share price is up more than 14% year to date, gaining 5% in the past week.

    For perspective, the benchmark ASX 200 Index has shed about 8% in the last year.

    Droneshield has a market capitalisation of nearly $86.5 million based on its current share price.

    The post Why did the Droneshield share price charge 10% higher today? 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

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    *Returns as of July 7 2022

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    Motley Fool contributor Monica O’Shea 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 DroneShield Ltd. The Motley Fool Australia has recommended DroneShield Ltd. 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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  • Experts name 3 ASX 200 shares to buy now

    An attractive woman sits at her computer with her chin resting on her hand as she contemplates the WAM Alternative Assets listed investment company as a potential investment

    An attractive woman sits at her computer with her chin resting on her hand as she contemplates the WAM Alternative Assets listed investment company as a potential investment

    If you’re interested in adding some S&P/ASX 200 Index (ASX: XJO) shares to your portfolio in August, then the three listed below could be worth considering.

    These ASX 200 shares have all been named as buys recently. Here’s what you need to know about them:

    Cochlear Limited (ASX: COH)

    The first ASX 200 share to look at is Cochlear. It is one of the world’s leading hearing solutions companies. It could be a great long term option for investors thanks to its leadership position in an industry with high barriers of entry and experiencing favourable tailwinds such as ageing populations.

    Goldman Sachs is a fan of Cochlear. Its analysts currently have a buy rating and $237.00 price target on its shares. This compares favourably to the latest Cochlear share price of $212.64.

    NEXTDC Ltd (ASX: NXT)

    Another ASX 200 share that could be in the buy zone is NextDC. It is a leading data centre operator with a collection of world class centres that are benefiting from the ongoing structural shift to the cloud. Together with its potential expansion into Asia and Edge (regional) data centres, NextDC has been tipped to grow strongly in the coming years by a number of brokers.

    One of those is Citi, which currently has a buy rating and $14.55 price target on its shares. This is materially higher than the latest NextDC share price of $11.60.

    SEEK Limited (ASX: SEK)

    A final ASX 200 share for investors to look at is leading job listings company, Seek. It appears well-positioned for growth in the coming years thanks to its leadership position, strong pricing power, and exposure to Australia’s recovery from the pandemic.

    The team at Credit Suisse is positive on Seek. Its analysts currently have an outperform rating and $36.90 price target on its shares. This implies significant upside from the current Seek share price of $21.49.

    The post Experts name 3 ASX 200 shares to buy now 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

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    *Returns as of July 7 2022

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    Motley Fool contributor James Mickleboro has positions in NEXTDC Limited and SEEK Limited. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Cochlear Ltd. The Motley Fool Australia has recommended Cochlear Ltd. and SEEK Limited. 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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  • Why is the Openpay share price up 55% in a week?

    Happy woman using a BNPL service.Happy woman using a BNPL service.

    What an incredible week it has been for the Openpay Group Ltd (ASX: OPY) share price.

    Since last Wednesday, shares in the buy-now, pay-later (BNPL) company were trading as low as 20 cents a pop.

    Today, these shares are now fetching for 31 cents – up 21.57% for the day.

    This represents a gain of 55% over the past week for those lucky shareholders who decided to buy in.

    Let’s take a look at what could be boosting the company’s share price.

    What’s driving the Openpay share price higher?

    Investors are also bidding up Openpay shares following strong market moves in the sector today.

    BNPL peers, Zip Co Ltd (ASX: ZIP) and Splitit Payments Ltd (ASX: SPT) are up 15.61% and 5.5%, respectively.

    With no announcements from either company, it appears short sellers could be closing out their positions as investor confidence ramps up.

    In addition, news that Openpay is expanding its services into other markets is also providing support.

    According to the Wall Street Journal, Openpay is looking to enter the healthcare sector to combat the global economic slowdown.

    As consumer spending tightens up, the first industry to be impacted is likely discretionary purchases such as shopping for clothes.

    However, in a bid to boost revenue and ensure survival in a gloomy economic environment, Openpay is pivoting towards payment plans for medical procedures. This is because consumers are more inclined to spend on healthcare treatments such as dentistry or other frequently needed services.

    Minimising credit risk has become a top priority for BNPL providers as bad debts continue to rise across the industry.

    But by servicing the healthcare market, payment instalments can be linked to a patient’s continued treatment plan. In essence, it is less likely that a person will miss a payment as they have an ongoing relationship with the healthcare provider.

    Openpay share price snapshot

    Despite rocketing this week, the Openpay share price has a long way to go to recover its losses in 2022, down 55%.

    Its shares reached an all-time low of 12 cents on 30 June, before rebounding to a two-month high.

    Based on today’s price, Openpay presides a market capitalisation of roughly $35.61 million.

    The post Why is the Openpay share price up 55% in a week? 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 July 7 2022

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    Motley Fool contributor Aaron Teboneras 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 ZIPCOLTD FPO. 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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  • Here are the 3 most heavily traded ASX 200 shares on Wednesday

    Three children wearing athletic short and singlets stand side by side on a running track wearing medals around their necks and standing with their hands on their hips.

    Three children wearing athletic short and singlets stand side by side on a running track wearing medals around their necks and standing with their hands on their hips.

    The S&P/ASX 200 Index (ASX: XJO) is going through another bumpy day of trading so far on Wednesday. At the time of writing, the ASX 200 has lifted by 0.28% and is closing in on 6,830 points, despite a big plunge into the red just before midday today.

    But let’s delve deeper into these market moves and take a look at the shares currently at the top of the ASX 200’s share trading volume charts, according to investing.com.

    The 3 most traded ASX 200 shares by volume this Wednesday

    South32 Ltd (ASX: S32)

    As has become common in recent weeks, our first share today is none other than mining company South32. This diversified ASX 200 resources share has had a hefty 11.28 million of its shares trade hands as it currently stands.

    There hasn’t been any news out of South32 so far today. However, the company has been in the spotlight this week after the release of a well-received quarterly update on Monday. Today, South32 shares have outperformed the market with a gain of 0.68% to $3.70 a share.

    Newcrest Mining Ltd (AX: NCM)

    Next up this Wednesday, we have ASX 200 gold miner Newcrest. Today has seen a sizeable 23.26 million Newcrest shares bought and sold on the markets thus far. We haven’t had any news out of Newcrest today either.

    So it looks like the nasty share price fall we have seen with this gold share is responsible here. Newcrest shares have had a shocker. The company is currently down 0.88% at $18.515 a share after touching a new 52-week low of $18.42 this afternoon.

    Zip Co Ltd (ASX: ZIP)

    Finally today is ASX 200 buy now, pay later (BNPL) share Zip. This Wednesday has seen a whopping 51.41 million Zip shares trade on the share market. This is almost certainly a byproduct of the massive share price boost we have seen Zip enjoy today.

    The company’s share price has rocketed by 19% at the time of writing and is trading at $1.22. Earlier today, Zip shares hit an intraday high of $1.28 a share, a 25% jump on yesterday’s closing price. This is despite a complete absence of any news out of the company today.

    The post Here are the 3 most heavily traded ASX 200 shares on Wednesday 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 July 7 2022

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    Motley Fool contributor Sebastian Bowen has positions in Newcrest Mining Limited. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended ZIPCOLTD FPO. 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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  • Sezzle share price rockets 95% before being frozen. What’s going on?

    Two children dressed as spacemen in white suits look on at the smoking wreckage of their tin foil covered carboard rocket in their backyard with one child pulling the other away from the crash site.Two children dressed as spacemen in white suits look on at the smoking wreckage of their tin foil covered carboard rocket in their backyard with one child pulling the other away from the crash site.

    It’s been a crazy day – nay, week – for the Sezzle Inc (ASX: SZL) share price. The stock launched a whopping 95% to trade at 70.5 cents this afternoon before being placed in a trading halt.

    Its intraday high of 79 cents – representing a near-120% gain – also marked a two-month high for the stock.

    For context, the All Ordinaries Index (ASX: XAO) is up 0.3% right now and has traded relatively flat over the last three sessions.

    So, what might be driving the ASX buy now, pay later (BNPL) share sky-high this week? Let’s take a look.

    The Sezzle share price has leapt 135% this week

    The Sezzle share price has well and truly picked itself up by the bootstraps after a poor start to the week.

    It’s more than overcome the 13% tumble it recorded on Monday, launching 38% on Tuesday before rocketing into the freezer today.

    The company has since announced its unexpected trading halt will precede a further announcement to the market. No further details are currently known.

    Today’s incredible gains came despite the company maintaining its silence. In fact, the market hasn’t heard word from the company since it abandoned its planned merger with Zip Co Ltd (ASX: ZIP).

    And while the BNPL favourite’s gains are comparatively extreme, it isn’t alone in the green. The Zip share price posted a 20% gain yesterday and is up another 19% today.

    Though, not all ASX BNPL giants are enjoying a resurgence this week. Stock in Afterpay owner Block Inc (ASX: SQ2) is down 4% right now after slipping around 3% yesterday.

    Impressively, the Sezzle share price is currently frozen more than 280% higher than the all-time low of 18.5 cents it inked less than two weeks ago.  

    However, it’s still a long way off its previous highs. The stock has slumped 77% since the start of 2022. It’s also trading 94% lower than the all-time high it reached in mid-2020.

    The post Sezzle share price rockets 95% before being frozen. What’s going on? appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Sezzle Inc right now?

    Before you consider Sezzle Inc, you’ll want to hear this.

    Motley Fool Investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Sezzle Inc wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.* And right now, Scott thinks there are 5 stocks that are better buys.

    See The 5 Stocks
    *Returns as of July 7 2022

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    Motley Fool contributor Brooke Cooper 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 Block, Inc. and ZIPCOLTD FPO. The Motley Fool Australia has positions in and has recommended Block, Inc. 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 All Ordinaries shares hitting new 52-week highs on Wednesday

    Three children wearing athletic short and singlets stand side by side on a running track wearing medals around their necks and standing with their hands on their hips.

    Three children wearing athletic short and singlets stand side by side on a running track wearing medals around their necks and standing with their hands on their hips.The All Ordinaries Index (ASX: XAO) is down a slender 0.04% in late afternoon trading, having made up some larger earlier losses following the release of Australia’s latest inflation figures.

    Within the index of top 500 stocks, three ASX All Ordinaries shares have notched up new 52-week highs today.

    This ASX All Ordinaries share just hit more than 9-year highs

    The first ASX All Ordinaries share hitting more than one-year highs today is Silex Systems Ltd (ASX: SLX).

    The technology company is focused on commercialising its laser enrichment technology for uranium production and enrichment for nuclear power, as well as silicon enrichment for silicon quantum computing applications.

    Although it slipped into the red in afternoon trade, the Silex share price traded for $3.54 in morning trade. That’s the highest level since November 2012.

    The most recent price-sensitive news released by the company came out last Wednesday regarding its Zero-Spin Silicon project.

    As my Fool colleague Brooke Cooper reported at the time, “A stage 3 demonstration plant has been constructed to verify the commercial production capability for the quantum computing material.”

    Also trading at 52-week plus highs

    Chorus Ltd (ASX: CNU) is another ASX All Ordinaries share notching up 52-week plus highs with no fresh news out in the markets.

    Earlier today the New Zealand based telecommunications infrastructure company hit $7.16 per share, the highest price since March 2021.

    That gives the company a market cap of some $3.2 billion.

    And rounding off the list of ASX All Ordinaries shares hitting one-year plus highs today we have Neuren Pharmaceuticals Ltd (ASX: NEU), which also hit the new milestone without releasing any new price-sensitive news today.

    The biopharmaceutical company is up 2.2% at the time of writing and traded as high as $5.25 during the lunch hour. That’s the highest price shareholders will have realised since November 2007.

    The post 3 ASX All Ordinaries shares hitting new 52-week highs on Wednesday 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 July 7 2022

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    Motley Fool contributor Bernd Struben 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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  • Top broker tips 55% upside for Liontown share price

    A lion dressed in a business suit roars as two sheep sit awkwardly at the boardroom table.A lion dressed in a business suit roars as two sheep sit awkwardly at the boardroom table.

    What a year it has been for the Liontown Resources Limited (ASX: LTR) share price. As it currently stands, Liontown shares are trading at $1.19 each, down 1.65% so far today. But over the past 12 months, Liontown has traded as high as $2.19 and as low as 80 cents a share.

    In April, Liontown was up more than 20% year to date in 2022. But as of today, this ASX 200 lithium stock has now lost 32% year to date. It’s fair to say that this is a company that is no stranger to volatility.

    But it has still been a lucrative investment for many shareholders. Even after the falls we have seen in 2022, Liontown shares remain up a healthy 41.7% over the past 12 months and an incredible 11,800% since August 2017.

    But given this history, many investors might be wondering where Liontown shares are heading next.

    Is the Liontown Resources share price a buy today?

    Well, there is one ASX broker who thinks Liontown has at least another 50% rise left in its tank for the next 12 months.

    Last week, my Fool colleague James covered the opinions of brokers at Macquarie on Liontown. Macquarie has retained an outperform rating on Liontown shares, complete with a 12-month share price target of $1.85 per share.

    On today’s price of $1.19, that would indeed represent a potential upside of just over 55% if this came to pass.

    Macquarie highlights the appointment of Lycopodium Limited (ASX: LYL) to assist with engineering and construction at Liontown’s Kathleen Valley Lithium Project. The broker reckons that this is an important move to make sure the project remains on schedule.

    So no doubt this very sunny outlook on the future of the Liontown Resources share price will be welcomed by Liontown shareholders today. But, as always, we shall have to see if what the brokers at Macquarie predict does indeed come to pass.

    In the meantime, the current Liontown Resources share price gives this ASX 200 lithium stock a market capitalisation of $2.6 billion. That comes with a price-to-earnings (P/E) ratio of 54.95.

    The post Top broker tips 55% upside for Liontown share price 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 July 7 2022

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    Motley Fool contributor Sebastian Bowen 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 Macquarie Group Limited. 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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  • How much has Mineral Resources paid in dividends over the last 5 years?

    a cute little boy with curly hair wearing a business suit with a tie and too big glasses looks intently at an old fashioned business calculator with a scroll of paper spilling onto his desktop.a cute little boy with curly hair wearing a business suit with a tie and too big glasses looks intently at an old fashioned business calculator with a scroll of paper spilling onto his desktop.

    Despite its wild price swings in 2022, the Mineral Resources Ltd (ASX: MIN) share price has surged 300% over the past five years.

    The company has benefited immensely from the lithium boom which has generated bumper revenues from 2017 to 2021.

    Subsequently, Mineral Resources ramped up its dividends to investors over the period – even during COVID-19.

    Below, we take a look to see how much Mineral Resources has distributed in dividends to shareholders since 2017.

    Recap on the Mineral Resources dividend

    Here’s a brief summary of all the dividends paid out by Mineral Resources over the last five years.

    • September 2017 – 33 cents (final)
    • March 2018 – 25 cents (interim)
    • September 2018 – 40 cents (final)
    • April 2019 – 13 cents (interim)
    • October 2019 – 31 cents (final)
    • March 2020 – 23 cents (interim)
    • September 2020 – 77 cents (final)
    • March 2021 – $1.00 (interim)
    • September 2021 – $1.75 (final)

    When adding the above amounts, Mineral Resources has paid a total of $5.17 in dividends since September 2017.

    You may have noticed that the board elected not to pay a dividend this year which shocked shareholders.

    The company reported a significant reduction in iron ore revenue due to weakening Platts and wider discounts. This led it to register an underlying net loss of $36 million, a mammoth difference compared to the $430 million net profit after tax (NPAT) in H1 FY21.

    Investors will have to wait until 29 August when Mineral Resources is expected to release its FY22 financial results.

    Mineral Resources share price snapshot

    Despite its astronomical gains over the long term, the Mineral Resources share price has had trouble replicating its success in 2022.

    Tumbling iron ore prices and a break in the lithium market have led the company’s shares to record volatile swings.

    Year to date, Mineral Resources shares are down 13%.

    Based on today’s price, the company commands a market capitalisation of around $9.2 billion and has a dividend yield of 3.74%.

    The post How much has Mineral Resources paid in dividends over the last 5 years? 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

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    Motley Fool contributor Aaron Teboneras 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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  • 2 quality ASX dividend shares rated as buys by brokers

    An executive in a suit smooths his hair and laughs as he looks at his laptop feeling surprised and delighted by the gains of ASX mining shares

    An executive in a suit smooths his hair and laughs as he looks at his laptop feeling surprised and delighted by the gains of ASX mining sharesInvestors that are looking for dividend options might want to check out the two ASX shares listed below.

    Both of these ASX dividend shares have recently been tipped as buys with attractive forecast yields. Here’s why analysts are bullish:

    Charter Hall Social Infrastructure REIT (ASX: CQE)

    The first ASX dividend share to look at is the Charter Hall Social Infrastructure REIT.

    It is a real estate investment trust with a focus on social infrastructure properties such as bus depots, police and justice services facilities, and childcare centres. Demand has been so strong for these properties that the company has a 100% occupancy rate and a weighted average lease expiry of 14.6 years.

    Goldman Sachs is a very big fan of the company. It currently has a conviction buy rating and $4.24 price target on its shares

    We make no changes to our investment thesis or Buy rating (on CL) and continue to believe the REIT is positioned for a solid growth outlook given the sector’s positive fundamentals and CQE’s strong balance sheet with ample headroom and liquidity to pursue investment opportunities, particularly government assets.

    The broker is also expecting generous dividends in the coming years. It is forecasting dividends per share of 17.2 cents in FY 2022 and 18.3 cents in FY 2023. Based on its current share price of $3.68, this implies yields of 4.7% and 5%, respectively.

    QBE Insurance Group Ltd (ASX: QBE)

    Another ASX dividend share that could be in the buy zone right now is insurance giant QBE.

    The team at Morgans are very positive on the company due to its cheap valuation, cost cutting plans, and positive rate outlook.

    Morgans currently has an add rating and $14.76 price target on the company’s shares. The broker commented:

    With strong rate increases still flowing through QBE’s insurance book, and further cost-out benefits to come, we expect QBE’s earnings profile to improve strongly over the next few years. The stock also has a robust balance sheet and remains relatively inexpensive overall trading on ~14x FY22F PE.

    In respect to dividends, its analysts have pencilled in a 41.4 cents per share dividend in FY 2022 and then a 66.3 cents per share dividend in FY 2023. Based on the latest QBE share price of $11.73, this equates to yields of 3.55% and 5.7%, respectively

    The post 2 quality ASX dividend shares rated as buys by brokers 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 July 7 2022

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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 recommended Baby Bunting. 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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