• When my kids were little, I wrote short snippets capturing our daily lives. Now they’re teens, and this window into our past is priceless.

    Mom and kids posing for photo
    The author wrote short memories in a book for her two kids

    • My kids are 15 months apart and I was very sleep deprived when they were little. 
    • I started writing snippets of our days together to remember all the memories. 
    • It's not anything fancy, but the memories are priceless. 

    It took me almost a year to calculate that my kids, Sylvia and Nico, were 15 months apart. When Nico was a newborn, people regularly commented on my "full hands" and asked me how close the kids were in age. My response was well-rehearsed but vague: "She's just about a year older than him." I was too sleep-deprived to do the math.

    Life with little kids is as overwhelming as it is glorious. Amazing, hilarious, ridiculous things happen constantly. It takes over the household and almost creates a new language — words assume unique pronunciations. Everything gets a nickname or a song.

    Because it's so rich, real, and encompassing, it's tempting to assume it's unforgettable. But the details disappear like the baby toys that get boxed up and socked away as the kids outgrow them.

    I found my own way to capture memories

    I am not a good photographer. I am not crafty. I had a hard time committing to baby books and scrapbooks, but I share the urgency that these devices address. I wanted to capture the details of this stage of our lives, but it had to be easy and accessible if I was going to stick to it while juggling the demands of full-time work and raising babies.

    I bought a little notebook for each kid, and I started writing short snippets about them whenever I could steal a minute. Early in the morning, right before bed, during screen or naptime, I would jot down the date and a few details from their day: What was the weather like, and how did that impact our activities? What did they seem to think of our adventures? What new foods did they try? What did they learn? What did they say? Who did they meet?

    handwritten note by mom
    The author says that having these snippets now that her kids are teenagers is priceless.

    I captured some big milestones: sitting up, rolling over, and first steps. Writing in a free format also gave me room to chronicle smaller developments, like the first time the kids saw a fireworks display, had an argument, went to a birthday party, took a solo trip down the slide, caught a ball, or got a time out.

    It's not tidy at all, but that's not the point

    I didn't write every day. I only wrote when I had time and material. Sometimes, my husband Greg wrote a snippet. If a grandparent, aunt, or uncle was over, I invited them to note what they observed about the kids or to detail what they did with Sylvia and Nico during their visit.

    The snippets aren't tidy. My handwriting is terrible, and I was usually in a hurry. Plus, with a slew of guest contributors, the entries are far from uniform. Still, the narratives offer vivid accounts of our daily lives and the wonderful personalities that were taking shape during those hectic days.

    I stopped writing in their notebooks when the kids started school. More of their experiences were happening outside our house, and school projects and events offered new ways to chronicle those.

    Greg and I would pull the notebooks off the shelf and read them when we felt nostalgic, but my kids were not interested in their recent past. I think they found it embarrassing to hear how thunder once scared them, what they thought about popcorn the first time they tried it or the details of some random rainy afternoon we all spent doing puzzles in our pajamas.

    The snippets remind us of what life used to be like

    Sylvia and Nico are now in the early stages of young adulthood, and they've developed a capacity for nostalgia. They have their own memories, perspectives, and interests in their past.

    We live in a different house now, and the one the kids grew up in has changed hands twice. But these little snippets offer us a glimpse of what it felt like to be there early in the morning, at dinner time, and in the middle of the night. Our little paper notebooks are an ever-open window into our past. They capture granular details of the babies, toddlers, and new parents who started a life together there.

    Read the original article on Business Insider
  • Would I be crazy to buy Guzman y Gomez (GYG) shares at $30?

    A woman throws her hands in the air in celebration as confetti floats down around her, standing in front of a deep yellow wall.

    The Guzman y Gomez Ltd (ASX: GYG) share price soared more than 30% on its first day on the ASX, trading at around $30. Investors that bought shares at $22 are already sitting on big gains.

    Interested prospective investors now face a difficult question: Is the Mexican food business a good investment or too expensive?

    I wrote several days ago that I planned to buy GYG shares. After seeing such a strong rise on the opening day, I decided not to buy at $30 on the first day amid the strong buying interest.

    Why did the GYG share price pop?

    Put simply, a large number of investors wanted to buy while not many shares were for sale. The management and large institutional investors seemed to want to keep their shares, so buyers had to pay what sellers were asking for if they wanted shares on the first day.

    According to reporting by the Australian Financial Review, Cyan Investment Management’s Dean Fergie believes it was fear of missing out (FOMO) that led to the huge increase in the Guzman y Gomez share price. Fergie said:

    I feel the whole price is a bit engineered, there’s not a lot of free float, so you’re not getting new buyers in there. And the people that are in there have an incentive to keep the share price high in the short term.

    If you’re a big fund with a pile of money, you’re probably going to be buying a few shares to keep the price nice and high … so my cynical view is that until all the escrows are out and there’s a bunch of free float for the stock, I don’t know how relevant the actual price is for the long-term valuation.

    I feel the bottom-line earnings numbers, even taking into account potential growth going forward, just don’t stack up from a valuation perspective – I’m a fundamental bottom-line investor rather than a hype and excitement kind of guy.

    There’s two sides of the coin, you’ve got people who are invested and they’re either believers or want to ride the hype and they’re pumping it up, and then there are others like me that aren’t involved and saying this just doesn’t make any financial sense.

    Is the Guzman y Gomez share price good value?

    It must be noted that the IPO price was $22 (and franchisees were able to buy shares through the IPO offer at $18). Shares issued through the IPO will be allotted on 24 June 2024 and can be traded on 25 June 2024.

    Once some new shareholders see they can sell their shares at a good, quick profit, I wouldn’t be surprised to see the GYG share price move back at least a little towards the listing price of $22.

    If investors believe GYG can become a much bigger business in five years, then today could represent a good price for the long term, but I expect it to see a lot of volatility.

    The business now has a market capitalisation of $3 billion, and it’s expected to generate underlying earnings before interest, tax, depreciation, and amortisation (EBITDA) of $43 million in FY24. That puts it at around 70x FY24’s underlying EBITDA, which looks high to me, at least for the short term.

    The post Would I be crazy to buy Guzman y Gomez (GYG) shares at $30? 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. We believe these stocks are trading at attractive prices and Scott thinks they could be great buys right now…

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

  • Buy this ASX 200 stock for an 11% gain and 4%+ dividend yield

    If you are looking for a combination of market-beating gains and an attractive dividend yield, then it could be worth considering the ASX 200 stock in this article.

    That’s because analysts at Bell Potter believe this stock is undervalued at current levels and could deliver strong returns for investors over the next 12 months.

    Which ASX 200 stock?

    The stock in question is agribusiness company Elders Ltd (ASX: ELD).

    Bell Potter notes that its shares have underperformed recently due to doubts over its ability to hit its guidance. The broker appears to believe this is unwarranted and that Elders can deliver on expectations. It said:

    The ELD share price has stagnated following the release of the 1H24 results where FY24e EBIT guidance of $120-140m was reiterated, implying 2H24e EBIT of $82- 102m (vs. $88.0m in 2H23 and $38.5m 1H24). In aggregate we would see the combination of acquisitions, business investment and stronger YOY trends in livestock as generally supportive of our FY24e forecasts and the FY24e EBIT guidance range.

    In light of this, its analysts have reaffirmed their buy rating and $9.30 price target on the ASX 200 stock this morning.

    Based on the latest Elders share price of $8.36, this implies potential upside of 11.2% for investors between now and this time next year.

    In addition, the broker is forecasting partially franked dividends of 36 cents per share in FY 2024 and then 41 cents per share in FY 2025. This equates to dividend yields of 4.3% and 4.9%, respectively, for investors.

    So, if we imagine this means a 4.6% dividend yield over the next 12 months (the FY 2024 final dividend and FY 2025 interim dividend), the total potential return increases to 15.8% for investors.

    If this proves accurate, a $10,000 investment into this ASX 200 stock today could turn into $11,580.

    What else did the broker say?

    Bell Potter highlights that Elders’ shares are trading at an attractive discount to historical average multiples at a time when its earnings growth profile is starting to recover. It concludes:

    Our Buy rating is unchanged. At a high level we see ELD trading at 7.7-7.9x ThroughThe-Cycle (TTC) EBITDA, which we estimate at $270-280m reflecting YTD business investment ($68m in 1H24 + $51m on Knight Frank TAS), a discount to its historical average of 8.5x. Improving livestock turnover, the benefits of recent business investment and a stabilisation in agricultural input prices in our view support a recovering earnings growth profile in 2H24e-1H25e.

    The post Buy this ASX 200 stock for an 11% gain and 4%+ dividend yield 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 recommended Elders. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • 9 popular ASX REITs with ex-dividend dates next week

    Dividend payment dates, as well as the ex-dividend dates that preceded them, ebb and flow on the ASX just like the tides. There are some weeks, usually just after earnings season when it seems that every company under the Australian sun is paying out a dividend. In other weeks, it’s a veritable income desert on the Australian share market.

    Luckily, next week is an example of the former.

    Whenever an ASX share announces a dividend payment, it must also nominate an ex-dividend date for that payment. This ‘ex-div’ date is when a line is drawn in the sand between those shareholders who are eligible to receive the payment, and those who will miss out.

    Put simply, if you wish to receive a company’s latest dividend, you need to own the shares at least one day before the ex-dividend date. If you buy those shares on or after that date, you will miss out on the payment, with the seller retaining the rights to the cash.

    As we noted above, there are quite a few ASX shares set to trade ex-dividend on the stock market next week. But today, let’s go through no fewer than nine popular real estate investment trusts (REITs) that are in line to fork out their latest dividends (dividend distributions, to be precise).

    Before we get right into it, it’s worth remembering that dividend distributions from REITs rarely come with any franking credits attached. That’s due to their unique composition, which prevents them from paying corporate taxes (from which franking credits are generated) like companies do.

    With that out of the way, here are the nine popular ASX REITs with ex-dividend dates set for next week:

    Nine ASX income stocks set to trade ex-dividend next week

    ASX REIT
    Distribution
    per unit
    Ex-distribution
    date
    Dividend
    payday
    Dividend
    yield*
    Rural Funds Group (ASX: RFF) 2.9 cents 27 June 31 July 5.72%
    Centuria Industrial REIT (ASX: CIP) 4 cents 27 June 7 August 5.16%
    Centuria Office REIT (ASX: COF) 3 cents 27 June 16 August 10.08%
    HomeCo Daily Needs REIT (ASX: HDN) 2.1 cents 27 June 22 August 5.29%
    Arena REIT (ASX: ARF) 4.3 cents 27 June 8 August 3.81%
    Charter Hall Long WALE REIT (ASX: CLW) 6.5 cents 27 June 14 August 7.49%
    Charter Hall Social Infrastructure REIT (ASX: CQE)
    4 cents 27 June 19 July 6.61%
    Mirvac Group (ASX: MGR)
    6 cents 27 June 29 August 5.04%
    Abacus Storage King (ASX: ASK)
    3 cents 28 June 30 August 5.11%

     *Dividend yield as of Thursday’s close

    Foolish takeaway

    Those are the nine popular REITs scheduled to trade ex-dividend next week.

    All of these REITs currently have relatively large trailing dividend distribution yields. As such, we might see some fairly large share price drops when each of them goes ‘ex-div’. That will reflect the hefty loss of value for new investors when this eligibility window closes.

    So if you see any of these ASX REITs drop like a rock next week, you’ll probably know why.

    The post 9 popular ASX REITs with ex-dividend dates next week 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 positions in and has recommended Rural Funds Group. The Motley Fool Australia has recommended HomeCo Daily Needs REIT. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • Ukraine can’t hit everything it wants in Russia with US-made ATACMs, so it’s making do with a homemade option

    A test of a Neptune missile in April 2020.
    A test of a Neptune missile in April 2020.

    • Ukraine faces restrictions on using US-made, long-range missiles to strike targets inside Russia.
    • To work around this, Kyiv has modified its Neptune anti-ship missile for land attack.
    • Ukraine has used this weapon to strike energy facilities inside Russia in recent weeks.

    The US has outfitted Ukraine with an arsenal of long-range missiles but continues to put restrictions on how it can use them, limiting its ability to strike Russia the way it wants. As a workaround in this dilemma, Kyiv has turned to a homemade weapon first used to sink ships.

    American-made MGM-140 Army Tactical Missile Systems, also known as ATACMS, are one of the more vaunted weapons that Ukraine has in its arsenal. The Biden administration, however, has barred the country from firing them into Russia's sovereign territory; instead limiting their use solely to occupied regions of Ukraine.

    Earlier this month, Zelenskyy expressed his frustration with the continued prohibition on striking into Russia with these US-provided weapons. But Ukraine isn't completely without options.

    Multiple times in recent weeks, Ukraine has turned to domestically produced Neptune anti-ship missiles, modified for land attack, to strike ground targets inside Russia, specifically going after Moscow's vulnerable energy facilities.

    The R-360 Neptune is a subsonic, long-range cruise missile that was developed by Luch Design Bureau, a Kyiv-based defense manufacturer. Ukraine has used this munition in the past to strike high-value Russian targets. Early in the war, Ukraine used the Neptune to sink the guided-missile cruiser Moskva, once the flagship of the Russian Black Sea Fleet.

    Neptune R-360 missile, Kyiv 2021.
    A Neptune missile in Kyiv.

    But Ukraine has also been working to modify the Neptune missile so that it can be used to strike land targets. There are indications Ukraine previously used the modified version of this weapon against Russian air defenses, including its S-400s, stationed on the occupied Crimean peninsula, per officials and media reports.

    In late May, Ukrainian forces used Neptune missiles to strike an oil depot near Kavkaz, a port along the Black Sea in Russia's Krasnodar Krai region.

    Several weeks later, on Monday, Ukraine again used its Neptune missiles on a ground target, this time striking an oil terminal in nearby Chushka, just over the Kerch Straight from Crimea.

    Analysts at the Washington, DC-based Institute for the Study of War think tank noted that both Neptune missile strikes have occurred in areas of Russian territory that are within the range of Ukraine's ATACMS.

    Photo from a test of the Neptune Missile Complex in 2020.
    Photo from a test of the Neptune missile in 2020.

    The locations of both strikes are some 150 miles from the front lines and within the range of the 190-mile long-range ATACMS variant. But the US has prohibited Ukraine from using these powerful missiles to strike military targets inside Russia, thus awarding Moscow what experts and officials have described as sanctuary space.

    "The US has not allowed Ukrainian forces to use existing US-provided weapons to strike legitimate targets in Russian territory for much of the full-scale invasion thus far and still prohibits Ukraine from using ATACMS anywhere in Russia," the analysts wrote in a Tuesday assessment.

    "Ukraine first debuted Neptune anti-ship missiles against Russian naval targets in April 2022 and has had to further develop and modify these missiles to conduct deep strikes against Russian territory," the analysts said.

    The modified Neptune missiles is one of a number of Ukrainian innovations of the war made out of necessity and a notable lack of other options. Kyiv has, for example, turned to exploding naval drones to make up for a lack of a proper navy and has developed cheap, long-range drones to strike military and energy targets deep inside Russia where it is prohibited from using Western-made weaponry.

    Read the original article on Business Insider
  • Los Angeles Lakers to hire NBA veteran JJ Redick with 4-year coaching contract, according to reports

    JJ Redick prepares for his ESPN broadcast
    Former NBA veteran JJ Redick has agreed to lead the Los Angeles Lakers as head coach, according to multiple reports.

    • The Los Angeles Lakers were on the hunt for a coach after firing Darvin Ham in May.
    • JJ Redick, an NBA veteran, was a top contender for the Lakers coaching job, per ESPN.
    • Sources told The Athletic that Redick impressed Lakers owners and key stakeholders in a recent meeting.

    The Los Angeles Lakers have found its new head coach: NBA veteran JJ Redick, according to multiple reports.

    Redick, a 15-year NBA player-turned-analyst and podcaster, agreed to a four-year contract to lead the Lakers, ESPN first reported.

    The LA franchise has been on the hunt for a new coach after dismissing Darvin Ham, who was at the helm for just two seasons, in May.

    The team had sought to reel in UConn Huskies head coach Dan Hurley for the job with a $70 million contract for six years but was rejected.

    In a recent interview on "The Dan Le Batard Show with Stugotz," Hurley said he made the decision because he had already locked in a contract with UConn.

    "I don't need leverage here," Hurley said in the interview. "We've won back-to-back national championships at this place. This was never a leverage situation for me. I've had a contract in place here for a couple of weeks."

    After Hurley's rejection, Redick, who played for six teams in his NBA career, including for Orlando Magic and Los Angeles Clippers, became a top contender for the job, sources told ESPN.

    Redick had met with key decision makers a few times in the lead-up to the job offer on Thursday, according to The Athletic.

    He was first interviewed for the job around mid-May with Rob Pelinka, the Lakers' vice president of basketball operations and general manager, at the NBA Draft combine in Chicago, according to the report.

    Redick had another meeting with Pelinka as well as with the Lakers' owner, the Buss Family Trust, and other key stakeholders on June 15 in Los Angeles, The Athletic reported. Multiple sources told the outlet that Redick impressed in the meeting.

    Redick comes into the job with no formal coaching experience — The Athletic reported that he coached for his son's youth basketball team — but with basketball IQ that he's picked up during his time on the court. Sources told ESPN that Pelinka is optimistic that Redick will pick up on the job quickly with the help of a coaching staff.

    A Lakers spokesperson did not immediately respond to a request for comment.

    Read the original article on Business Insider
  • Jill Stein paid $150,000 to a consultant who was indicted over Biden deepfake robocalls

    Jill Stein and Steve Kramer
    Jill Stein's campaign says paid Steve Kramer over $150,000 in May, which they say was for petitioning in New York.

    • Jill Stein's campaign paid over $150,000 to a man who created deepfake robocalls of Biden's voice.
    • He's facing 26 criminal charges in New Hampshire and a potential $6 million fine.
    • The campaign says he helped with petitioning in NY and that they were unaware of the scandal.

    Jill Stein's presidential campaign hired a political consultant who infamously created deepfake robocalls using President Joe Biden's voice.

    The Green Party presidential candidate's campaign paid $150,015 to consultant Steve Kramer in May, according to documents filed with the Federal Election Commission on Wednesday.

    Stein campaign manager Jason Call told Business Insider via text that Kramer only did petitioning work in New York, and that he was hired on contract by the campaign between April 16 and the end of May.

    "We did not know anything about his activities… regarding the robocalls until the petitioning period was almost over," said Call.

    Despite paying a hefty sum to Kramer for help with petitioning, Stein failed to make the ballot in New York, with the state Board of Elections determining that her campaign did not submit a sufficient number of signatures.

    During the New Hampshire presidential primary this year, voters received bogus AI-generated robocalls purportedly from Biden instructing them to "save your vote for the November election." The calls came as Biden supporters were mounting a write-in campaign in the state, where the president did not appear on the ballot.

    Kramer, who had been employed by longshot Democratic presidential candidate Rep. Dean Phillips, admitted to orchestrating the calls in February after a fork-bending magician came forward, telling NBC News that he did it to alert the country to the dangers of AI and deepfakes.

    He was indicted in New Hampshire on 13 felony counts of voter suppression and 13 misdemeanor counts of impersonating a candidate in May. The Federal Communications Commission has proposed fining Kramer $6 million.

    Kramer declined to comment.

    Stein, who previously ran for president in 2016, is set to become the Green Party's presidential nominee again in 2024. She launched her current campaign in November, running on an ultra-progressive platform.

    Some Democratic strategists have worried that she and independent candidate Cornel West could harm Biden's chances as he faces a rematch with former President Donald Trump.

    Read the original article on Business Insider
  • 3 top ASX 200 stocks that could create lasting passive income into retirement

    Woman with a floatable flamingo at a beach, symbolising passive income.

    Creating a lasting passive income with the right S&P/ASX 200 Index (ASX: XJO) stocks could make all the difference between a comfortable retirement and a luxurious one.

    If you’re after a more luxurious retirement, the sooner you start building a portfolio of quality dividend stocks, the larger that extra income stream is likely to be.

    Below, we look at three top ASX 200 stocks that could create lasting passive income.

    Just keep in mind that a proper income portfolio should contain more like 10 (or so) dividend stocks, ideally operating in different market sectors and across different geographic locations. That kind of diversity will help to lower the overall risk to your investment portfolio.

    Also, remember that the yields you generally see quoted are trailing yields. Future yields may be higher or lower depending on a range of company-specific and macroeconomic factors.

    While the dividends paid out by the three ASX 200 companies we examine below will almost certainly vary from year to year, I believe all three will continue to reward passive income investors over the long term handsomely.

    With that said…

    Tapping ASX 200 stocks for lasting passive income

    The first company I’d buy to create lasting passive income is ASX 200 bank stock Commonwealth Bank of Australia (ASX: CBA).

    CBA has a long track record of paying two fully franked dividends per year. Australia’s biggest bank even came through with two dividends in the pandemic addled year of 2020.

    As for the past 12 months, CBA paid a final dividend of $2.40 a share on 28 September. The interim dividend of $2.15 a share landed in eligible shareholders bank accounts on 28 March.

    That equates to a full-year passive income payout of $4.55 a share, fully franked.

    Following a 26% share price surge over the past year, CBA’s dividend yield has come down. At yesterday’s closing price, CBA shares trade on a fully franked trailing yield of 3.56%. But I still think this is a key stock for delivering ongoing income into retirement.

    The second ASX 200 stock I’d buy for enduring passive income is Woodside Energy Group Ltd (ASX: WDS). Unlike CBA, the Woodside share price has fallen 24% over the last year.

    But from a yield perspective, now could be an ideal time to buy the stock. Despite the world’s decarbonisation push, global demand for oil and gas is greater than ever and expected to grow into next year.

    On the passive income front, Woodside paid an interim dividend of $1.243 a share on 28 September and a final dividend of 91.7 cents a share on 4 March. That works out to a full-year payout of $2.16 a share.

    At yesterday’s closing price, Woodside shares trade on a fully franked trailing yield of 7.93%.

    Rounding out the list of ASX 200 stocks to create lasting passive income is mining giant BHP Group Ltd (ASX: BHP), the biggest company on the ASX.

    BHP shares have also slipped 8% over the past 12 months. And the company’s dividends will fluctuate in rough line with its top-earning commodities over time. Importantly, though, all of these commodities should remain in strong demand for many years to come. And despite already being the largest stock on the ASX, BHP continues to pursue growth strategies.

    As for that passive income, BHP paid a final dividend of $1.251 a share on 28 September. The miner paid an interim dividend of $1.096 a share on 28 March for a full-year, fully franked payout of $2.347 a share.

    At yesterday’s closing price, that sees BHP shares trading on a fully franked trailing yield of 5.49%.

    The post 3 top ASX 200 stocks that could create lasting passive income into retirement 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. We believe these stocks are trading at attractive prices and Scott thinks they could be great buys right now…

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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.

  • Buy these ASX dividend shares for 5% to 6% yields

    Middle age caucasian man smiling confident drinking coffee at home.

    Income investors have a lot of options on the Australian share market. So much so, it can be hard to decide which ASX dividend shares to buy above others.

    But don’t worry because listed below are three options with generous dividend yields that are rated highly by analysts. Here’s what they are saying about these dividend shares:

    IPH Ltd (ASX: IPH)

    Analysts at Goldman Sachs think that IPH could be an ASX dividend share to buy. It is an intellectual property solutions company with operations across the world.

    The broker is feeling positive about the company due to its belief that IPH is “well-placed to deliver consistent and defensive earnings with modest overall organic growth.”

    It is expecting this to support the payment of fully franked dividends per share of 34 cents in FY 2024 and then 37 cents in FY 2025. Based on the current IPH share price of $6.16, this represents dividend yields of 5.5% and 6%, respectively.

    Goldman currently has a buy rating and $8.70 price target on IPH’s shares.

    Rio Tinto Ltd (ASX: RIO)

    Goldman Sachs is also feeling bullish about Rio Tinto. It is of course one of the world’s largest miners with operations across several commodities such as copper, iron ore, and lithium.

    The broker likes the company due to its “compelling relative valuation” and its expectation of “strong production growth in 2024 & 2025.”

    Goldman expects this to underpin fully franked dividends per share of US$4.29 (A$6.44) in FY 2024 and then US$4.55 (A$6.84) in FY 2025. Based on the latest Rio Tinto share price of $119.67, this will mean yields of approximately 5.4% and 5.7%, respectively.

    The broker currently has a buy rating and $138.90 price target on the miner’s shares.

    Universal Store Holdings Ltd (ASX: UNI)

    A final ASX dividend shares that could be a buy for income investors is youth fashion retailer Universal Store.

    Morgans is positive on the company and believes it is well-placed for growth. It notes that its “growth opportunities are in place” and that “customers continue to respond well to the Universal Store banner.”

    As for income, the broker is forecasting fully franked dividends per share of 26 cents in FY 2024 and then 29 cents in FY 2025. Based on its current share price of $5.20, this will mean yields of 5% and 5.6%, respectively.

    Morgans has an add rating and $6.50 price target on its shares.

    The post Buy these ASX dividend shares for 5% to 6% yields appeared first on The Motley Fool Australia.

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    Motley Fool contributor James Mickleboro has positions in Universal Store. 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 IPH. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • ‘Unique and defensive’: Why this ASX tech ETF is a buy

    A businessman waers armour and holds a shield and sword.

    Betashares senior investment strategist Cameron Gleeson says increasingly frequent cyber attacks help make a compelling investment case for the Betashares Global Cybersecurity ETF (ASX: HACK).

    In a recent blog, Gleeson described cybersecurity as a “unique, defensive play” in the technology arena.

    The investment strategist said cybersecurity had become a critical need in today’s society as governments, companies and individuals increasingly relied on technology and data.

    Globally, there has been increasing frequency and sophistication of cyber attacks in recent years with governments and corporates spending large amounts on cybersecurity solutions to prevent sensitive data breaches from occurring.

    With the rise of artificial intelligence and its associated demand for large amounts of training data, the need for robust cybersecurity solutions has never been more important.

    This presents a compelling investment case that Australian investors can access through the Betashares HACK Global Cybersecurity ETF.

    The cybersecurity threat (and opportunity for investors)

    Cybersecurity has become a hot-button issue in Australia following data breaches at large organisations, including Optus, Ticketmaster, and Medibank Private Ltd (ASX: MPL).

    There are more opportunities for cyber attacks as the world becomes more connected via networked devices, the move to cloud computing, and a huge new remote workforce operating from home.

    Governments and companies around the world are scrambling to update their cybersecurity to deal with the threat.

    This means increased demand for cybersecurity services from a range of companies around the world.

    A research report by Sanjana Prabhakar from Nasdaq Index Research & Development revealed the total addressable market (TAM) for cybersecurity was worth $1.5 trillion to $2 trillion globally, based on McKinsey data.

    At best, only 10% of that TAM has been penetrated today “with a very long runway for growth”.

    Prabhakar said:

    As per Statista, during the period 2024-2028, cybersecurity revenue is expected to grow at an annual rate of 10.6%, resulting in a total market size of $273.6 billion by 2028.

    Australians limiting online activity due to cybersecurity risks

    A new study on the digital lives of Australians published by auDA found that 64% of consumers and 55% of small businesses avoid online activity due to concerns about data security.

    More than 40% of consumers and small businesses would like to strengthen their online security but don’t know how.

    Only 13% of consumers and 24% of small businesses are confident in their knowledge and skills relating to cybersecurity.

    Australians have high expectations of companies that hold personal information about them, too. About 83% of consumers and 79% of small businesses believe companies should do more to protect their data.

    auDA CEO Rosemary Sinclair AM said:

    auDA’s research continues to identify there is a clear need for trustworthy, accessible cyber security training and resources to help Australians feel confident online.

    Much like nation-wide road safety campaigns have helped save lives, now is the time for a coordinated, long-term, nation-wide effort to communicate cyber security basics to bolster the security knowledge and practices of all Australians and small businesses. 

    Concerns about data safety can also affect businesses in many ways, including their marketing power.

    A Power Retail survey found nearly 60% of Australians were unwilling to sign up for loyalty programs because they did not trust in companies’ handling of their personal information.

    Let’s learn about the ASX ETF HACK

    The HACK ASX ETF seeks to track the performance of the Nasdaq CTA Cybersecurity Index (before fees and expenses).

    The ETF has net assets worth $921 million. More than 70% of its holdings are United States companies.

    Its biggest stock holdings are Broadcom Inc (8.7%), Crowdstrike Holdings Inc (7.5%), Palo Alto Networks Inc (6.4%), and Cisco Systems Inc (5.9%).

    The HACK ETF is trading flat on the ASX today at $11.33 per unit.

    Over the past five years, the ASX ETF has returned an average 16.09% per annum, assuming the reinvestment of distributions. The ETF’s unit price is up 47.53% over the past five years.

    Betashares charges a management fee of 0.67% for this ASX ETF.

    The post ‘Unique and defensive’: Why this ASX tech ETF is a buy 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. We believe these stocks are trading at attractive prices and Scott thinks they could be great buys right now…

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    Motley Fool contributor Bronwyn Allen 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 BetaShares Global Cybersecurity ETF, Cisco Systems, CrowdStrike, and Palo Alto Networks. The Motley Fool Australia has positions in and has recommended BetaShares Global Cybersecurity ETF. The Motley Fool Australia has recommended CrowdStrike. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.