The Pure Hydrogen Corporation CDI (ASX: PH2) share price has soared into the green during afternoon trading, up by 16.13% to 18 cents.

Today’s gain comes as Pure Hydrogen gave updates on its Serowe 3 well in an announcement just before lunch time.

Let’s investigate further.

A quick recap on Pure Hydrogen

Pure Hydrogen’s line of business is in the exploration and development of hydrogen assets.

Its mission is to “become the leader in the development of hydrogen and fuel cell technology in Australia”, according to the company.

At the time of writing, Pure Hydrogen has a market capitalisation of $48.6 million.

What could be boosting the Pure Hydrogen share price?

In a positive move for the Pure Hydrogen share price, the company announced it had delivered “excellent preliminary results” at its Serowe 3 coalbed methane (CBM) gas project.

Serowe 3 is a joint venture with BotsGas on the exploration and production of CBM gas in Botswana, Africa.

The well was drilled to a depth of 477 metres, then “encountered 41 metres of interpreted gassy coal seams”. This result is more than “200% thicker than pre-drilling estimates”.

Moreover, a “short-term stabilised flow test” produced an estimated 54 bbls per day of water, “indicating the natural permeability of the coals” as per the release.

In addition, Pure Hydrogen estimates the risk of commercialisation “using inexpensive vertical well completions” amid other pathways “would now be substantially reduced”.

What did management say?

Speaking on the release, Pure Hydrogen managing director Scott Brown said:

This [is an] excellent result for Serowe 3. The well encountering much thicker coals and natural permeability has exceeded our pre-drill expectations. This bodes very well for the remainder of the Serowe Project appraisal program which continues in the next few weeks.

The current drilling program is looking more likely to confirm the presence of a very large and potentially commercial gas field at the Serowe Project.

Pure Hydrogen share price snapshot

The Pure Hydrogen share price has jumped 105% into the green this year to date. It has also gained 169% over the past year.

Consequently, these results have far outpaced the S&P/ASX 200 index (ASX: XJO)’s climb of around 25% over the past year.

The post Pure Hydrogen share price rockets 16% after project update appeared first on The Motley Fool Australia.

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• How this ASX ETF is helping protect our school kids
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The author Zach Bristow has no positions 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 Bruce Jackson.

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The Dicker Data Ltd (ASX: DDR) share price is enjoying a fresh record high on Thursday. This comes after the IT distributor announced its third-biggest quarterly dividend to investors.

During late afternoon trade, Dicker Data shares hit an all-time high of $14.97. However, some profit-taking has occurred, slightly pulling the shares back to $14.94, up 0.40%.

Dicker Data maintains strong dividend payout

Investors appear pleased with the company’s performance of late, sending Dicker Data shares 35% higher in a month.

In its release, Dicker Data declared a fully-franked dividend payment of 9 cents per share to be paid to shareholders.

It’s worth noting that the company pays dividends every 3 months instead of a semiannual basis like most other dividend-paying ASX businesses.

The largest and second-largest dividends from Dicker Data came in its FY20 results (10.5 cents) and FY19 results (13 cents).

The strong dividend payout means that Dicker Data has rewarded its investors with a total yearly dividend of 34.5 cents. Based on the current share price, this represents a trailing dividend yield of 2.3%.

The latest record date for the dividend falls on 18 August, with payment following on 1 September 2021.

Just last week, Dicker Data completed the acquisition of the second-largest IT distributor in New Zealand, Exeed Group.

The $68 million purchase is expected to provide Dicker Data with a platform to take on the biggest IT distributor in the country, Ingram Micro.

Dicker Data revealed it will use a mix of local market knowledge and access to its large range of brands. It estimates that its combined New Zealand businesses will have a revenue turnover of about $500 million.

Dicker Data share price snapshot

Over the last 12 months, Dicker Data shares have accelerated by more than 100%, with year-to-date gains of 39%.

On valuation grounds, Dicker Data commands a market capitalisation of roughly $2.5 billion, with more than 172 million shares outstanding.

The post Dicker Data (ASX:DDR) share price hits record high following dividend boost appeared first on The Motley Fool Australia.

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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. owns shares of and has recommended Dicker Data Limited. The Motley Fool Australia owns shares of and has recommended Dicker Data Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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S&P/ASX 200 Index (ASX: XJO) dividend shares are typically slow movers with a solid track record of earnings growth.

However, these 3 shares might be making moves against the status quo to rally above 52-week highs in quick succession.

ASX 200 dividend shares breaking above 52-week highs

Amcor CDI (ASX: AMC)

Amcor has been a steady mover, grinding 8.8% higher year-to-date.

However, its shares have managed to rally as much as 5.06% in the past week to an intraday high of $16.60 on Thursday.

This intraday high tops its previous February and November 2020 peaks, marking a new 52-week high for the company.

Analysts at Macquarie Group Ltd (ASX: MQG) have highlighted a number of defensive ASX 200 dividend shares that could be top picks during reporting season, including Amcor.

The packaging business is expected to deliver its full year FY21 results on Wednesday, 18 August.

Using the last 12 months of dividends, Amcor currently pays a dividend of 4.1%.

Medibank Private Ltd (ASX: MPL)

The Medibank share price is a top performing ASX 200 dividend share, rallying to 52-week highs in August.

Shares in the private health insurance company have added 7.72% in the past month and a solid 14.80% year-to-date.

According to Credit Suisse, the broker is forecasting a total FY21 dividend of 13 cents, or a dividend yield of 3.72% at today’s prices.

Medibank’s full year results announcement is expected to be announced on Wednesday, 25 August.

Telstra Corporation Ltd (ASX: TLS)

The Telstra share price has jumped 3.92% to $3.98 on Thursday following the release of its FY21 results.

Telstra CEO Andrew Penn called the results a “turning point in our financial trajectory”, where the company’s “second half underlying EBTIDA was up on the first half, and our guidance for FY22 underlying EBITDA is $7.0-7.3 billion, which represents mid to high single digit growth. FY21 NPAT and EPS were up 3.4 per cent and 2 per cent respectively”.

The Telstra share price has surged 31.89% year-to-date, driven by moves such as a proposed legal restructure and selling 49% of its InfraCo Towers business to a consortium of funds.

The FY21 results also revealed a final dividend of 8 cents per share, lifting its full year dividend to 16 cents per share.

At today’s prices, this represents a dividend yield of 4%.

The post 3 ASX 200 dividend shares lifting to 52-week highs appeared first on The Motley Fool Australia.

More reading

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• ASX 200 midday update: Telstra, NAB, & QBE results
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Motley Fool contributor Kerry Sun 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 owns shares of and has recommended Amcor Limited and Telstra Corporation Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The Incitec Pivot Ltd (ASX: IPL) share price has been quietly climbing in recent weeks. Shares in the Aussie manufacturer have climbed 18.2% higher in the past month while investors focus on the August reporting season.

At the time of writing, the Incitec Pivot share price is up 1.07%, trading at $2.83.

Why is the Incitec Pivot share price climbing?

It’s been a couple of weeks since the last price-sensitive ASX announcement from the fertiliser and chemicals manufacturer.

The most recent announcement was an investor market update on 29 July. Its shares climbed higher after the company announced a strong second-half performance. Firming commodity prices and a solid manufacturing performance were key factors behind the result.

Incitec Pivot reported strong electronic detonator sales growth in its explosives segment as it targets technology-driven segment earnings growth of 10% by FY22.

The Incitec Pivot share price also jumped 5.8% higher on 13 July after a positive manufacturing update.

Incitec Pivot reported changes to its manufacturing model including a shift from global to regional management structures. The company said it would improve and drive delivery of its manufacturing operations, particularly while COVID-19 travel restrictions remain.

The manufacturer also reported its Waggaman ammonia plant in Louisiana had restarted and reached full production.

The news sent the Incitec Pivot share price soaring and kickstarted a strong month on the markets.

A July 15 update on Incitec Pivot’s Range Gas Project joint venture with Central Petroleum Limited (ASX: CTP) drew a muted response. Central Petroleum reported all three wells in the pilot program had been operating continuously since pumping commenced on 14 June.

The joint venture was also running a competitive tender process to select an infrastructure provider to deliver gas processing facilities required to support full-field development.

The Incitec Pivot share price was subdued following the joint venture news. However, things have been good in the past month based on the recent strong gains.

The post The Incitec Pivot (ASX: IPL) share price is up 18% in the past month. Here’s why appeared first on The Motley Fool Australia.

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Motley Fool contributor Ken Hall 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 Bruce Jackson.

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ASX exchange-traded funds (ETFs) have seen their popularity in Australia soar over the past 5 years.

And for good reason.

Why the ETF market is growing Down Under

ASX ETFs offer Aussie investors the means to invest – long or short – into various commodities with a single share purchase.

They also provide the means to invest into multiple sector-specific companies, often listed on international exchanges.

Today we throw the spotlight onto the Betashares Global Cybersecurity ETF (ASX: HACK).

This ASX ETF offers investors exposure to 39 large-cap global cybersecurity shares. HACK doesn’t hold any Aussie shares at the moment. That’s because our homegrown cyber companies aren’t quite big enough.

At least, not yet.

HACK’s top 4 holdings are Zscaler, Crowdstrike Holdings, Accenture, and Cisco Systems.

In an article I penned yesterday, I noted that cybersecurity shares led Saxo Market’s equity basket performance for the month of July.

Although HACK’s share price is sliding in intraday trading today, down just under 1%, the ASX ETF has gained 30% over the past year.

And with new reports of major hacks happening across the globe almost daily, cybersecurity companies will continue to find their services in high demand.

How this ASX ETF is helping protect school kids

You don’t have to look far to find hackers’ latest brazen efforts to steal or blackmail their way into ill-gotten fortunes.

Unfortunately, the global pandemic did more than unleash a deadly virus across the globe.

The shift to remote learning for kids also opened the door for hackers to spread virtual viruses throughout school and home computer networks.

As Bloomberg reports, “Cyber criminals are targeting US schools at an increasing rate after remote learning during the pandemic left them more vulnerable to hacks”.

While most schools in the United States are reopening at the end of August for the new school year, experts don’t believe the pace of hacks is likely to diminish.

Keith Krueger is the CEO of Consortium for School Networking. According to Krueger:

We see no evidence that this is abating. Criminals are having luck with it; they’re obviously having it with big cases we’re reading about every day. With back to school, we’re bracing ourselves for a real challenge this fall.

Going by Bloomberg’s figures, US schools have borrowed roughly US$600 billion (AU$810 billion) in the bond market. Logically, some of the Wall Street bond investors are eyeing the ramp-up in hacks nervously.

Daniel Barton is the head of tax-exempt bonds at Mellon. Among its US$25.9 billion in municipal assets, it owns school district debt. “Going to remote [learning] has really ramped up the level of cyberattacks. I don’t see this problem going away soon. There are so many bad actors,” Barton said.

With 39 large-cap cybersecurity companies in its portfolio, HACK is certainly playing its part in helping protect school systems across the globe.

But whether you’re looking to gain exposure to a basket of cybersecurity companies or wanting to track the price of gold without owning the actual metal, ASX ETFs are worth investigating.

The post How this ASX ETF is helping protect our school kids appeared first on The Motley Fool Australia.

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The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended BETA CYBER ETF UNITS. The Motley Fool Australia owns shares of and has recommended BETA CYBER ETF UNITS. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The National Australia Bank Ltd (ASX: NAB) share price is edging higher on Thursday following the release of its third quarter update.

At the time of writing, the banking giant’s shares are up slightly to $27.24.

This means the NAB share price is now up almost 19% in 2021.

How did NAB perform in the third quarter?

During the third quarter, NAB reported an unaudited statutory net profit of $1.65 billion and unaudited cash earnings of $1.70 billion.

This was broadly in line with the average quarterly profit and cash earnings that it achieved during the first half of FY 2021.

What was the reaction the update?

The team at Goldman Sachs were pleased with NAB’s quarterly performance. It notes that the bank is trading ahead of its second half expectations.

Goldman said: “NAB has released its 3Q21 trading update, with unaudited cash earnings from continuing operations of A$1.70 bn, up 1% on the previous period average, run-rating 11% ahead of what is implied by our current 2H21E forecasts.”

“The better than expected performance is more than driven by BDDs [bad and doubtful debts] that are run-rating much lower than our current 2H21E forecasts.”

“While headline PPOP [pre-provisioning operating profit] trends appear soft, this is largely on account of weak Markets and Treasury revenues (similar to CBA’s result yesterday), with core trends broadly consistent with our current forecasts, highlighting that the core bank at NAB is again growing.”

The broker also notes that NAB’s CET1 ratio of 12.6% is running ahead of its forecasts as well.

Is the NAB share price in the buy zone?

According to the note, Goldman Sachs has a conviction buy rating and $30.34 price target on its shares.

Based on the current NAB share price, this implies potential upside of 11% over the next 12 months before dividends. This stretches to approximately 16% including dividends.

The post Is the NAB (ASX:NAB) share price in the buy zone after its Q3 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 Bruce Jackson.

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The Telstra Corporation Ltd (ASX: TLS) share price is up 4% at the time of writing after delivering its FY21 result to the market.

Telstra said that on a reported basis, total income decreased by 11.6% to $23.1 billion and net profit grew 3.4% to $1.9 billion.

On a guidance basis, underlying earnings before interest, tax, depreciation and amortisation (EBITDA) fell 9.7% to $6.7 billion. That included an in-year NBN headwind of around $650 million and an estimated $380 million financial impact from COVID-19. Excluding the in-year NBN headwind, underlying EBITDA in FY21 dropped $70 million.

But FY22 has already started and it has provided guidance. The guidance can have an impact on the Telstra share price.

What is Telstra expecting in FY22?

Telstra said that its guidance shows the underlying business returning to full year growth.

Total income is expected to be in a range of $21.6 billion to $23.6 billion in the new financial year.

Underlying EBITDA is expected to be in a range of $7 billion to $7.3 billion (compared to $6.7 billion in FY21).

The telco is expecting to spend $2.8 billion to $3 billion on capital expenditure. Free cashflow after lease payments is expected to be between $3.5 billion to $3.9 billion.

One of the key ways that Telstra is looking to help its profit and the Telstra share price is its T22 strategy.

Asset sales were part of the plan, with Telstra monetising its InfraCo Towers business by selling a 49% stake. It’s returning half of the net proceeds with a $1.35 billion to shareholders with a share buyback.

Under the T22 strategy, it is driving productivity. Total operating expenses dropped 10.2% in FY21. Underlying fixed costs declined $490 million, or 8.1%, during FY21. Since FY16, the company has achieved around $2.3 billion of net productivity and remains on track to meet its target of $2.7 billion by the end of FY22.

The company has reduced its number of roles by 8,300 net full time roles, meeting the T22 commitment one year early and also reducing 17,400 indirect roles and removing on average more than four management layers.

Telstra’s focus

The company has a number of initiatives that could help the Telstra share price and profit.

In an interview with the Australian Financial Review, the Telstra CEO Andrew Penn said:

I’d say three things – one is that it’s absolutely front and centre about continuing to transform customer experience and just taking that to the next level.

Secondly, it’s about growth, both within the core but also some of our new business investments are really starting to help to get some traction.

Obviously, we’re going to be launching energy, sort of imminently. And then it’s also about building on all of the capabilities and the foundations that we’ve laid in T22.

Mr Penn also reference the telco’s recent acquisition of MedicalDirector for $350 million. This business currently supports around 23,000 medical practitioners and is used to deliver more than 80 million medical consultations a year. It is a GP clinical and practice management software company.

Mr Penn also said:

What we’re trying to do is we are focused on very much digitising and connecting different parts of the healthcare system.

You would appreciate the healthcare system is highly fragmented, and it isn’t as efficient as it could be – it could be much more digitally enabled.

The post What’s the outlook for the Telstra (ASX:TLS) share price? appeared first on The Motley Fool Australia.

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Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Telstra Corporation Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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Perhaps the S&P/ASX 200 Index (ASX: XJO) share making the biggest splash with its FY2021 earnings report this week has been Commonwealth Bank of Australia (ASX: CBA). The CBA share price surged to a new record high above $108 a share on Monday following the release of its FY21 numbers.

That record high was extended just this morning, with CBA topping Monday’s high after hitting $108.92 a share just after market open.

CBA shares closed at $103.41 last Friday. Because of this, we can say with tentative certaincy that this earnings report is largely behind this big push upwards.

One of Monday’s centrepiece announcements from CBA was the initiation of a ~$6 billion share buyback program. Investors will also be receiving a final dividend of $2 a share next month. That will be a 33.3% increase on CBA’s last interim dividend.

But for the buybacks, CBA shareholders can also now look forward to having their ownership stake in the company increased as CBA retires existing shares from the market.

But just how much is this share buyback program worth to investors? And how can CBA shareholders extract the maximum benefit?

CBA share price rises on $6 billion share buyback

As my Fool colleague James covered well this morning, CBA’s share buyback program will result in the retirement of approximately 3.5% of all CBA shares outstanding.

So how exactly will this benefit investors today?

Well, firstly, it’s worth noting how a buyback actually benefits all investors. A company’s number of shares is fairly static. As such, reducing the total share count decreases the supply of available shares. This means that the real ownership stakes of all CBA shareholders increase.

This is due to the fact that each shareholder now owns a proportionately larger stake in the company. Share buybacks also usually result in higher share prices due to the simple laws of supply and demand (less supply means higher pricing).

Digging further though, and it seems this CBA buyback might benefit some shareholders more than others. Particularly those who are tax-exempt. An article from Livewire Markets broke down this dividend, and it makes for some interesting reading.

Commonwealth Bank buyback delivers disporportionate benefits

So according to livewire, CBA’s share buyback (which is available to all existing shareholders) will consist of a capital return of $21.66 per share. The remaining balance for each share will consist of a fully-franked dividend. A franking credit of $29.99 per share will be attached.

Here’s how the article explained the benefit:

For a tax-exempt Australian investor, we estimate the buy-back at a 14% discount would be worth approximately $121.63 (disregarding the time value of money), representing about $15.07 or 14% more than the market price of Commonwealth Bank today…

The value of the buy-back for other investors will depend on the tax situation of each investor. At current prices, we would expect the buyback to be of marginal value for 15% tax rate Australian investors.

So there you have it. The way this share buyback is structured could certainly give some outsized benefits to some investors out there. But don’t worry if that doesn’t apply to you. As we discussed earlier, a buyback substantially benefits existing shareholders too.

The post How to make the most of the CBA (ASX:CBA) share buyback appeared first on The Motley Fool Australia.

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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 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 Bruce Jackson.

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The Qantas Airways Limited (ASX: QAN) share price is moving higher today. And now, you too can take off (or at least pretend to) with the airline’s new virtual offerings.

Qantas has released a range of Zoom (NASDAQ: ZM) backgrounds and inflight playlists for travellers whiling their days away on video calls and wishing they were on holidays.

The Qantas share price is gaining 0.33% amid the virtual accessories’ launch today. Shares in the airline are currently swapping hands for $4.51 apiece.

Let’s take a closer look at the goodies Qantas released today.

The next best thing

The Qantas share price is in the green today, and many of its former flyers, particularly those suffering through COVID-19 lockdowns, might be pretending to be in the air.  

Qantas has just released a series of “aviation-themed” backgrounds for use in Zoom meetings.

The airline says the backgrounds will allow Australians to “conduct their meetings from the comfort of their business class seat, sitting behind the pilots in the cockpit jump seat, or from one of the Qantas luxury lounges”.

Motley Fool Australia readers can take a look at the now-nostalgic images here.

If those aren’t quite enough to make you feel like you’re 35,000 feet in the air, Qantas has also launched playlists decked out with its signature inflight tunes on Spotify and Apple Music.

And in case you need more to quell the need for a holiday, wanderlusting travellers can pop on this YouTube video the airline has put together.

The video showcases music by Australian composer Haydn Walker and guitarist Nathan Cavaleri, and features footage of iconic Australian landscapes from the air.

While the offerings are most likely not boosting the airline’s share price today, Qantas group chief customer officer Stephanie Tully said they’re a fun way to reminisce on precedented times:  

Our customers tell us they miss flying as much as getting to the destination itself and this sensory experience will help fill the temporary void while some of us can’t fly because of border closures.

Qantas share price snapshot

The Qantas share price is still in the red, despite today’s uptick.

It has fallen about 8% since the start of 2021. However, it has gained 25% since this time last year.

The post Qantas (ASX:QAN) share price gains amid virtual travel pack appeared first on The Motley Fool Australia.

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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 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 Bruce Jackson.

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Motley Fool Australia Chief Investment Officer Scott Phillips joined Nine’s Late News on Wednesday night to discuss the Commonwealth Bank of Australia (ASX: CBA)’s bumper profit growth, Insurance Australia Group Ltd (ASX: IAG)’s insurance challenges and what investors can expect from Telstra Corporation Ltd (ASX: TLS) earnings on Thursday.

The post CBA’s bumper profit, IAG’s loss and Telstra expectations. Scott Phillips on Nine’s Late News appeared first on The Motley Fool Australia.

More reading

• Why AGL, Appen, CBA, & Rio Tinto shares are tumbling lower
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• ASX 200 midday update: Telstra, NAB, & QBE results

Motley Fool contributor Scott Phillips owns shares of Telstra Corporation Limited. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Insurance Australia Group Limited and Telstra Corporation Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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