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This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

What happened

One of the most prominent — if not the most prominent — Dogecoin (CRYPTO: DOGE) bulls in the world was helping the cryptocurrency move higher on Saturday. Earlier in the day, Tesla CEO Elon Musk reacted positively to a tongue-in-cheek suggestion about the meme that inspired the token. 

When Elon makes a remark even remotely related to Dogecoin, the crypto world tends to listen. The coin was up by over 3% in late afternoon trading. 

So what

Saturday morning, Musk tweeted yet another of his musings on Twitter, the messaging platform he seems to have a heavy love/hate relationship with.

“Given that Twitter serves as the de facto public town square, failing to adhere to free speech principles fundamentally undermines democracy. What should be done?” he wrote.

Since he’s a high-profile Twitter user and has over 79 million followers, many answered with recommendations. A user called The Chairman had one off-the-wall suggestion: “just buy twitter and change the bird logo to a doge.”

Off-the-wall suggestions frequently resonate with Musk, so he answered this one with a tweet answering “Haha that would be sickkk.”

Investors likely took this as a fresh endorsement of Dogecoin, a coin Musk has held and, at times, plugged as a viable and valuable investment. Earlier this month, in response to yet another tweet, Musk stated that “I still own & won’t sell my Bitcoin, Ethereum or Doge[coin] [for what it’s worth].”

Now what

It almost goes without saying that no investor should ever buy, hold, or sell any asset based on the pronouncements — direct or otherwise — of a famous person.

That said, Musk’s bullishness is indicative of the passion and the belief certain Dogecoin holders have in their cryptocurrency — which due to its origin and character is frequently derided as something of a joke token. But with a large pack of bulls behind it, it might just have a stronger base than many doubters believe. 

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

The post Why Dogecoin was rising on Saturday appeared first on The Motley Fool Australia.

More reading

• Why Ethereum, Solana, and Dogecoin are surging higher today
• What’s driving Ethereum, Dogecoin, and THORChain higher today?
• Shiba Inu vs. Dogecoin: Which pupcoin’s more bite than bark? 
• Why Bitcoin, Ethereum, and Dogecoin dropped today

Eric Volkman owns Bitcoin and Ethereum. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns and has recommended Bitcoin, Ethereum, Tesla, and Twitter. The Motley Fool Australia owns and has recommended Bitcoin and Ethereum. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson. 

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

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Once a week I like to look at ASIC’s short position report to find out which shares are being targeted by short sellers.

This is because I believe it is well worth keeping a close eye on short interest levels as high levels can sometimes be a sign that something isn’t quite right with a company.

With that in mind, here are the 10 most shorted shares on the ASX this week according to ASIC:

• Flight Centre Travel Group Ltd (ASX: FLT) remains the most shorted ASX share with short interest of 17.6%. Short sellers appear to believe the market is too optimistic with the travel market recovery.
• Betmakers Technology Group Ltd (ASX: BET) has seen its short interest remain flat at 12.8%. Sky high multiples and concerns over rising cash burn in the sports betting industry appear to be weighing on sentiment.
• Nanosonics Ltd (ASX: NAN) has short interest of 11.9%, which is flat week on week. This infection prevention company’s shares have come under pressure after it announced a major and disruptive change to its sales model in the United States.
• Webjet Limited (ASX: WEB) has short interest of 10.2%, which is down slightly week on week. Volatile travel markets and rising oil prices continue to weigh on sentiment.
• Polynovo Ltd (ASX: PNV) has seen its short interest rise to 9.1%. This medical device company’s underperformance appears to be attracting short sellers. Especially with its shares trading on high multiples.
• Kogan.com Ltd (ASX: KGN) has seen its short interest remain flat again at 9%. Short sellers appear concerned by its weakening sales, high marketing costs, and Amazon growing its Australian market share rapidly.
• EML Payments Ltd (ASX: EML) has seen its short interest remain steady at 8.7%. Short sellers may have concerns over the payments company’s valuation as rates rise and financial models are reassessed.
• Omni Bridgeway Ltd (ASX: OBL) is back in the top ten with short interest of 8.3%. The litigation funder’s shares could be in the crosshairs of short sellers due to the Government wanting to overhaul class action laws.
• AMA Group Ltd (ASX: AMA) has also returned to the top ten with 8.2% of its shares held short. Last month this crash repair company reported a loss of $46.3 million for the first half of FY 2022.
• Zip Co Ltd (ASX: Z1P) has returned to the top ten despite its short interest easing to 7.8%. This buy now pay later provider’s shares have fallen heavily this year amid concerns over rising competition and increasing cash burn.

The post These are the 10 most shorted ASX shares appeared first on The Motley Fool Australia.

More reading

• 2 high-growth ASX shares to buy today: brokers
• 3 ASX growth shares down more than 50% in a year
• These were the best performing ASX 200 shares last week
• Why is the Flight Centre share price soaring today?
• Do Zip shares pay dividends?

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. owns and has recommended Betmakers Technology Group Ltd, EML Payments, Kogan.com ltd, Nanosonics Limited, POLYNOVO FPO, and ZIPCOLTD FPO. The Motley Fool Australia owns and has recommended EML Payments, Kogan.com ltd, and Nanosonics Limited. The Motley Fool Australia has recommended Betmakers Technology Group Ltd, Flight Centre Travel Group Limited, and Webjet Ltd. 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 AMP Ltd (ASX: AMP) share price is on the slide on Monday.

At the time of writing, the financial services company’s shares are down 1% to 94.5 cents.

Why is the AMP share price falling?

Investors have been selling down the AMP share price today in response to the release of an announcement.

According to the release, AMP has successfully completed the sale of its Global Equities and Fixed Income (GEFI) business to Macquarie Asset Management (MAM), which is part of Macquarie Group Ltd (ASX: MQG).

This sale, which was first announced in July 2021, will see assets under management (AUM) of ~A$47 billion transfer from AMP Capital to MAM, subject to unitholder approvals.

How much will AMP receive?

As for AMP, following the completion of the transaction, it will receive a net completion amount of approximately A$63 million in cash from MAM.

This is down from a previous estimate of A$110 million, which management advised reflects the expected post completion adjustments. It further explained that this reduction from the total potential proceeds reflects reductions in AUM and client pricing changes since the sale agreement.

Nevertheless, AMP still remains eligible for the further cash earn-out up to A$75 million, payable after the second anniversary of transaction completion. This is subject to certain conditions including revenue targets. Though, it warned that the amount remains uncertain with the retention of AUM being the main driver.

AMP Capital’s Chief Executive, Shawn Johnson, commented: “The completion of the GEFI transaction is a key milestone in Collimate Capital’s separation from AMP and preparation for demerger. Our teams have been actively working to ensure a smooth transition of funds and clients and we’re confident that MAM, and our talented teams who are transferring, will deliver great outcomes for them. We would like to thank the Macquarie team for the partnership through the transaction and wish our people joining their team every success.”

The post AMP (ASX:AMP) share price lower on asset sale news appeared first on The Motley Fool Australia.

More reading

• The AMP (ASX:AMP) share price gained on Friday, what happened?
• Why has the Macquarie (ASX:MQG) share price rallied 9% in a month?
• Could a bidding war be on the cards for Uniti (ASX:UWL) shares?
• Uniti (ASX:UWL) said to be ‘considering’ Macquarie cash bid of $5 per share
• 5 things to watch on the ASX 200 on Thursday

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 Macquarie Group 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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This month is proving to be a good one for the Origin Energy Ltd (ASX: ORG) share price. The energy producer and retailer’s stock has gained a whopping 15% since 1 March.

At that time, it closed at $5.49. But, since then, the Origin share price has gained 89 cents. It finished Friday’s session at $6.38 after hitting a multi-year high in intraday trade.  

So, what’s been boosting the S&P/ASX 200 Index (ASX: XJO) energy company’s stock higher? Let’s take a look.

What’s been driving the Origin share price lately?

The Origin share price has been performing well this month. Its strong gains likely led the company’s shareholders to breathe a sigh of relief after the stock’s nail-biting February.

Origin released its earnings for the first half of financial year 2022 in mid-February.

Over the 6-month period, its underlying earnings before interest, tax, depreciation, and amortisation (EBITDA) fell 4.8%, despite its underlying net profit after tax (NPAT) increasing 18%.

That led the company to announce a net after-tax loss of $131 million, an improvement on the prior comparable period’s $183 million loss.

Also within its results, Origin announced its plans to close its Eraring coal-fired power station 7 years early.

The Origin share price recorded a slight gain on the day the company released its half-year earnings. However, the market appeared to reassess the news overnight, as Origin’s stock plunged 8% the following day.

It didn’t manage to regain that loss before the end of last month.

Fortunately, that slip has since been forgotten. The stock won back the loss this month with the help of a new strategy and on-market buyback.

On 9 March, Origin announced it will be undertaking a $250 million on-market share buyback. The buyback will begin next month.

Additionally, the company released its plans to lead the way to decarbonisation while simultaneously cutting costs.

In fact, it’s aiming to reduce its financial year 2018 baseline cash costs by between $200 million and $250 million by financial year 2024.

Another catalyst for Origin’s stock’s recent gains could have been rising energy commodities. Oil and gas prices have been impacted by Russia’s invasion of Ukraine.

Origin share price snapshot

This month’s strong performance has helped the Origin share price to significantly outperform the market in 2022. It has gained 22% year to date.

For comparison, the ASX 200 has slipped 2.4% since the start of 2022.

The energy company’s stock has also gained 35% over the last 12 months. Meanwhile, the ASX 200 has increased 8.8%.

The post The Origin (ASX:ORG) share price has surged 15% since the start of March. Could this be why? appeared first on The Motley Fool Australia.

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• Origin Energy (ASX:ORG) share price hits post-COVID high on Friday
• Own Origin (ASX:ORG) shares? Why a shareholder advocacy group is demanding immediate suspension of this joint venture
• Why this broker says buy Origin (ASX:ORG) shares instead of AGL
• Could Origin Energy (ASX:ORG) shares be next on the investment agenda for Mike Cannon-Brookes?
• ASX 200 (ASX:XJO) midday update: Origin’s $250m buyback, Nickel Mines smashed

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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Exchange-traded funds (ETFs) can be very effective ways of investing. Some ETFs are based on an index like the S&P/ASX 200 Index (ASX: XJO). But others are focused on specific sectors.

There are some leading ETFs to think about in April. Here are two top ETF contenders:

Betashares Global Cybersecurity ETF (ASX: HACK)

As the name says, this ETF is about the global cybersecurity sector.

Cybercrime continues to rise, which could drive demand for cybersecurity higher over the years.

As reported by the Australian government, here in Australia cybercrime is increasing:

The pandemic has significantly increased Australian dependence on the internet – to work remotely, to access services and information, and to communicate and continue our daily lives. This dependence has increased the attack surface and generated more opportunities for malicious cyber actors to exploit vulnerable targets in Australia.

Over the 2020–21 financial year, the ACSC received over 67,500 cybercrime reports, an increase of nearly 13% from the previous financial year… A higher proportion of cyber security incidents this financial year was categorised by the ACSC as ‘substantial’ in impact. This change is due in part to an increased reporting of attacks by cybercriminals on larger organisations.

There are a total of 41 businesses in this portfolio that are involved in some way to protect against cybercrime.

Examples of portfolio businesses include Crowdstrike, Cloudflare, Palo Alto Networks, Zscaler, Cisco Systems, Splunk, Akamai Technologies, Booz Allen Hamilton, Mandiant and Infosys.

It has an annual management fee of 0.67%.

VanEck Morningstar Wide Moat ETF (ASX: MOAT)

This ETF has holdings that are chosen by analysts at Morningstar.

VanEck, the ETF provider, notes that the investment strategy has a focus on quality US companies that Morningstar believes possess sustainable competitive advantages or ‘wide economic moats’.

Those competitive advantages are expected to be maintained for at least the next decade or two.

But target companies must be trading at attractive prices relative to Morningstar’s estimate of fair value to be added to the portfolio. So, over time, the portfolio holdings can significantly change if a company loses its competitive advantage or if it doesn’t look like good value any more.

The latest portfolio update dated 24 March 2022 showed that these are the top 10 largest holdings: Compass Minerals, Mercado Libre, Amazon, Western Union, Emerson Electric, Intel, Medtronic, Merck & co, Zimmer Biomet and Wells Fargo.

Despite getting access to Morningstar’s “rigorous equity research process”, this ETF comes with an annual management cost of 0.49%.

The post Are these 2 top ETFs buys in April? appeared first on The Motley Fool Australia.

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• 3 top ASX ETFs for growth investors
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• Have you seen these exciting ETFs that are listed on the ASX?
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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. owns and has recommended BETA CYBER ETF UNITS. The Motley Fool Australia owns and has recommended BETA CYBER ETF UNITS. The Motley Fool Australia has recommended VanEck Vectors Morningstar Wide Moat ETF. 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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It’s nearly April 2022. Could some of the leading ASX tech shares be contenders to consider next month?

Technology businesses have the capability of achieving good profit margins and pleasing growth.

These two ASX tech shares may be ones to consider in April:

Adore Beauty Group Ltd (ASX: ABY)

Adore Beauty is the leading online retailer of beauty products in Australia. It sells thousands of products from hundreds of brands. It’s scaling quickly in the $1.3 billion online beauty and personal care category, which is itself growing quickly.

In its FY22 half-year result, the company reported that revenue grew by 18% to $113.1 million and the gross profit margin increased by 0.6 percentage points to 33.1%.

The company is re-investing in strategic initiatives to drive sustainable, long-term growth. The success of this investing is coming through in the growth of customers. Active customers rose 13% year on year to 876,000, while returning customers surged 56%.

One focus is its content engagement strategy and loyalty, supporting engagement and retention. It’s investing in its “owned” channels with media and content that support customers’ discovery and fulfilment, such as podcasts. This reduces the reliance on competitive paid channels, which are showing “price volatility”.

However, the Adore Beauty share price has fallen almost 50% in 2022.

Morgan Stanley currently rates the ASX tech share as a buy, with a price target of $4.

VanEck Video Gaming and Esports ETF (ASX: ESPO)

This is an exchange-traded fund (ETF) that gives investors exposure to the global video gaming and e-sports industry.

It is globally-focused with several countries having a weighting of over 1%: the US (42.6%), Japan (22.7%), China (18%), Singapore (4%), South Korea (3.9%), France (2.9%), Sweden (2.2%), Taiwan (2.1%), and Poland (1.5%).

However, there are gaming audiences and billions of players worldwide, not just where the businesses are listed. There are now reportedly more than 2.7 billion active gamers worldwide. E-sports is now achieving huge audiences, comparable to the size of the Olympics and FIFA World Cup.

Readers may have heard of some of the game makers in the ASX tech share’s portfolio: Tencent, Nintendo, Activision Blizzard, Electronic Arts, Bandai Namco, Zynga, Take-Two Interactive, and Ubisoft. There are a total of 26 positions in the portfolio.

Between 2016 and 2023, global games revenue is expected to double to around US$200 billion. Since 2015, video gaming has achieved average annual revenue growth of 12%.

By 2023, the competitive video gaming audience is expected to reach 646 million people globally, driven in part by the rising population of digital natives. VanEck said that with an active, engaged and relatively young demographic, the stage is set for sustainable long-term growth for the global video gaming sector.

The ETF has an annual management fee of 0.55%.

The post Are these 2 ASX tech shares great buys in April 2022? appeared first on The Motley Fool Australia.

More reading

• 3 top ASX ETFs for growth investors
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• 135% upside? Adore Beauty (ASX:ABY) insiders pounce on beaten-up shares

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 recommended Adore Beauty Group Limited. The Motley Fool Australia has recommended Adore Beauty Group Limited and VanEck Vectors ETF Trust – VanEck Vectors Video Gaming and eSports ETF. 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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A message from our CIO, Scott Phillips: “G’day Fools. If you’re like us, you’re dismayed by the events taking place in Ukraine. It is an unnecessary humanitarian tragedy. Times like these remind us that money is important, but other things are far more valuable. And yet the financial markets remain open, shares are trading, and our readers and members are looking to us for guidance. So we’ll do our best to continue to serve you, while also hoping for a swift and peaceful end to the war in Ukraine.”

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The Woodside Petroleum Limited (ASX: WPL) share price has risen significantly in 2022. Since the start of the year, Woodside shares have increased by almost 50%.

But after such a steep rise, is the petroleum giant still an opportunity, or has it run too hard?

Oil price jump

The oil price has risen substantially amid the Russian invasion of Ukraine. Russia is, or was, one of the largest exporters of oil before the war.

However, Russia has been heavily sanctioned because of the attack on its neighbour.

Those sanctions may not be lifted any time soon, with several regions of Ukraine still being a warzone.

The United Kingdom foreign secretary Liz Truss recently told British media that Russian sanctions would only be removed once Russia had agreed to a complete ceasefire and fully withdrawn from Ukraine. It would also need to not commit any further aggression, or those sanctions would return.

The oil price remains high, and drivers around the world are paying a much higher price when they refill their vehicle with fuel.

Is the Woodside share price a buy?

The broker Citi currently rates Woodside as ‘neutral’, with a price target of $29.35. That implies a reduction of over 10% over the next year, if the broker ends up being right.

Citi thinks that the average Brent oil price will be around US$90 per barrel in 2022. The broker is expecting a strong year of profit in FY22 for Woodside.

At the current Woodside share price, Citi values it at around 9x FY22’s estimated earnings.

However, the broker UBS rates the petroleum business as a buy, though the price target is only $29. So, that also implies a potential downside over the next 12 months. UBS thinks that the Woodside share price is taking into account the high oil price.

FY21 result

The company recently reported its result for the 12 months to December 2021. The numbers reflected a significant recovery from the COVID-impacted year of 2020.

Net profit after tax (NPAT) rose by 149% to $1.98 billion, while underlying NPAT soared 262% to $1.62 billion.

Annual sales volume was 111.1 million barrels of oil equivalent, with a realised price of $60.30 per barrel. That compared to a unit cost production of $5.30 per barrel.

The full-year dividend was $1.35 per share, up 255%.

Woodside share price snapshot

At the current Woodside share price, the company has a market capitalisation of $33 billion according to the ASX.

The post Is the Woodside Petroleum (ASX:WPL) share price a buy today? appeared first on The Motley Fool Australia.

More reading

• 5 things to watch on the ASX 200 on Monday
• 5 things to watch on the ASX 200 on Friday
• Woodside (ASX:WPL) share price climbs as oil extends rally. What’s next?
• 5 things to watch on the ASX 200 on Thursday
• The Woodside (ASX:WPL) dividend is being paid today. Here’s what you need to know

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 Bruce Jackson.

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Could the Coles Group Ltd (ASX: COL) share price be an opportunity for investment income?

Coles is one of the biggest businesses in the S&P/ASX 200 Index (ASX: XJO) with a market capitalisation of around $24 billion according to the ASX.

The ASX share runs a few different businesses. It has 800 full-service supermarkets around Australia. As well, Coles Express is one of Australia’s leading fuel and convenience retailers, with 700 sites across Australia. Coles’ liquor segment has 900 stores across different brands including Liquorland, Vintage Cellars, First Choice Liquor, and First Choice Liquor Market.

In the recent FY22 half-year result, Coles’ board decided to pay an interim dividend per share of 33 cents. This was the same as the dividend the company paid in the prior corresponding period.

Is the Coles share price a buy?

The brokers at Macquarie think that the supermarket business is a buy, with a price target of $19.70. That implies a potential upside of around 10% over the next year.

Macquarie likes Coles in the consumer staples space. It thinks Coles is going to pay a grossed-up dividend yield of 4.9% in FY22 and 5.3% in FY23.

However, there are some complications and issues for Coles to work through including inflation from food suppliers, increased operational expenses, and difficulties with the supply chain.

How has the ASX share performed recently?

The FY22 half-year result showed that its financial numbers were almost flat.

Half-year sales revenue grew by 1% to $20.6 billion, while net profit after tax (NPAT) dropped 2% to $549 million. Profit changes can be a key influence on the Coles share price.

However, over two years, supermarket sales had grown by 8.6%, liquor sales went up 18.2%, and Coles Express sales had gone up 1.1%.

Coles said that its earnings had been impacted by higher COVID-19 disruption costs, related travel restrictions on Coles Express earnings, and transformation project costs.

However, ‘smarter selling’ benefits of more than $100 million were achieved in the first half of FY22. The company said that it’s on track to deliver over $200 million of benefits in FY22.

The company is working on several ways to improve efficiencies and profitability. For example, it has introduced measures to reduce loss in-store through the use of artificial intelligence with dynamic markdowns.

E-commerce efficiency is benefiting through the introduction of an automated fraud detection tool to reduce loss and a continued focus on reducing costs to serve through improved picking efficiencies and delivery van optimisation.

The supermarket company’s partnership with grocery technology player Ocado is expected to help with automated fulfilment, as well as last-mile solutions.

Coles share price valuation

According to Macquarie, the Coles share price is valued at 23x FY22’s estimated earnings and 22x FY23’s estimated earnings.

The post Is the Coles (ASX:COL) share price a top buy for dividends? appeared first on The Motley Fool Australia.

More reading

• Brokers name 3 ASX shares to buy today
• Broker: The Coles (ASX:COL) dividend will keep rising
• Analysts name 2 ASX 200 dividend shares to buy now
• Why expert says this supermarket ASX share is a better bet than Woolworths (ASX:WOW)
• 2 ASX dividend shares to buy for this year and beyond: experts

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 and has recommended COLESGROUP DEF SET. 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 Bruce Jackson.

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The Harvey Norman Holdings Limited (ASX: HVN) share price has performed well on the S&P/ASX 200 Index (ASX: XJO).

This month, the multi-national retailer’s shares accelerated to a 6-month high of $5.62 following the company’s half year results.

At Friday’s market close, Harvey Norman shares finished at $5.58, up 2.20%.

Why are investors paying attention to Harvey Norman shares?

It appears investors are buying up Harvey Norman shares after a positive broker note, as well as trading ex-dividend this week.

Investors need to buy Harvey Norman shares before market close on Wednesday to be eligible for the interim dividend. The ex-dividend date is on Thursday 31 March.

It’s worth noting though that historically when a company reaches its ex-dividend day, its shares tend to fall in proportion to the dividend paid out. This is because investors tend to sell off the company’s shares after securing the dividend.

In addition, the team at Goldman Sachs believes Harvey Norman shares are trading at attractive levels.

Its analysts retained a 12-month price target of $6 per share, which represents an upside of 6.7%

When can Harvey Norman shareholders expect payment?

For those who are eligible for the Harvey Norman dividend, shareholders will receive a payment of 20 cents per share on 2 May. This is the same amount the company paid to shareholders in the previous corresponding period (H1 FY21).

The $249.20 million interim dividend is fully franked which means shareholders will receive tax credits from this.

Harvey Norman share price snapshot

Since the beginning of 2022, the Harvey Norman share price has shot up around 13% in value. In comparison, the benchmark index is down 0.5% over the same timeframe.

Harvey Norman commands a market capitalisation of roughly $6.95 billion and has a trailing dividend yield of 6.27%.

The post Hoping to bag the Harvey Norman (ASX:HVN) dividend? Here’s what you need to do this week appeared first on The Motley Fool Australia.

More reading

• 3 quality ASX dividend shares that have been sold off
• What’s the outlook for ASX retail shares like Kogan (ASX:KGN)?
• Here are 4 ASX shares insiders are putting their money behind

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 and has recommended Harvey Norman Holdings Ltd. The Motley Fool Australia owns and has recommended Harvey Norman Holdings Ltd. 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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Some of the ASX’s leading growth shares are trading at attractive value, according to Australia’s top brokers.

Businesses that are growing their revenue at a fast pace over the long term have the potential to become much bigger over many years, thanks to the power of compounding.

These two ASX shares are rated as buys by brokers.

EML Payments Ltd (ASX: EML)

EML describes itself as an innovative payment solutions platform. Whenever money is in motion, its technology can power that payment process so that money can be moved quickly, conveniently and securely.

It’s currently rated as a buy by the broker UBS with a price target of $4.55. That implies an upside of more than 50% over the next year. UBS likes the longer-term growth potential of the recent announcement with Up Spain.

EML Payments has entered the employee benefits market in Europe, covering meal vouchers and employee benefit solutions. The initial move is a multi-year agreement with Up Spain. Europe represents 35% of the employee benefits market worth over $88 billion, of which Up Spain is one of the three biggest providers in Spain. This program is due to go live in FY23.

The ASX growth share will work to have this contract act as the basis for potential future growth in this segment within Spain and, in time, countries outside of Spain. Up Spain is a subsidiary of Up Group, which offers employee benefits and incentive programs across 28 countries including France, Germany, Italy and Poland.

In the first half of FY22, EML reported revenue growth of 20% to $114.4 million. FY22 total revenue is expected to be between $230 million to $250 million.

Temple & Webster Group Ltd (ASX: TPW)

Temple & Webster is a leading online retailer of homewares and furniture. It wants to become the biggest player in the sector, online or offline.

The company is also looking to expand in the ‘home improvement’ sector. That includes products like tools and equipment, garden and landscaping, paint and supplies, window furnishings, flooring, plumbing fixtures and so on. It’s a $16 billion market opportunity in that less than 5% of the home improvement sector has moved online.

The Temple & Webster share price has dropped 37% since the start of 2022. However, its revenue continues to grow quickly. FY22 half-year revenue grew 46%. In the second half of FY22 to 6 February 2022, revenue was up another 26%.

The ASX growth share is re-investing heavily for growth in marketing, technology development, product range and the overall customer experience to keep growing the business.

Increased scale will help with profitability, including cost advantages in product sourcing, logistics and marketing.

Over the long term, the company is expecting more of a structural shift to online shopping for its core furniture and homewares market.

Further, the company is going to invest in its ‘next horizon’ growth businesses, such as international expansion.

The post 2 high-growth ASX shares to buy today: brokers 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. owns and has recommended EML Payments and Temple & Webster Group Ltd. The Motley Fool Australia owns and has recommended EML Payments. The Motley Fool Australia has recommended Temple & Webster Group Ltd. 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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