Tag: Motley Fool

If you’re building a retirement portfolio, then you will no doubt want some high-quality companies in it with the ability to grow and pay consistent dividends.

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

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

Treasury Wine Estates Ltd (ASX: TWE)

The first ASX 200 retirement share for investors to look at is Treasury Wine.

It is one of the world’s leading wine companies and the owner of popular brands including Penfolds, Beringer, 19 Crimes, Lindemans, and Wolf Blass.

The company was given a huge boost last week when the Chinese government announced that it has removed tariffs on Australian wine. This gives the company a huge growth runway over the next decade for its premium wines.

Morgans is likely to have been pleased with the news having previously highlighted that the China removal of tariffs on Australian wine imports as a  “key near term share price catalyst.”

Its analysts have an add rating and $14.03 price target on the wine giant’s shares.

In addition, the broker is expecting the company’s shares to provide investors with a growing source of income. It is forecasting fully franked dividends of 36.4 cents per share in FY 2024 and 44.8 cents per share in FY 2025. Based on its current share price of $13.00, this will mean yields of 2.8% and 3.45%, respectively.

Woolworths Limited (ASX: WOW)

Another ASX 200 retirement share for investors to consider buying is Woolworths. It is one of the big two supermarket operators and also the owner of Big W, Everyday Rewards, PFD, Cartology, and Quantium, to name just a few.

Goldman Sachs is a big fan of the company and believes it is well-positioned for growth over the coming years. This is due to its leadership position in the market and the stickiness and loyalty of its customer base. It recently stated:

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

Goldman has a conviction buy rating and $40.40 price target on Woolworths’ shares.

As with Treasury Wine, the broker is expecting a growing income stream from Woolworths’ shares in the coming years. It is forecasting fully franked dividends per share of $1.09 in FY 2024 and $1.17 in FY 2025. Based on the current Woolworths share price of $32.47, this will mean yields of 3.4% and 3.6%, respectively.

The post 2 ASX 200 retirement shares to buy now appeared first on The Motley Fool Australia.

(function() {
function setButtonColorDefaults(param, property, defaultValue) {
if( !param || !param.includes(‘#’)) {
var button = document.getElementsByClassName(“pitch-snippet”)[0].getElementsByClassName(“pitch-button”)[0];
button.style[property] = defaultValue;
}
}

setButtonColorDefaults(“#0095C8”, ‘background’, ‘#5FA85D’);
setButtonColorDefaults(“#0095C8”, ‘border-color’, ‘#43A24A’);
setButtonColorDefaults(“#fff”, ‘color’, ‘#fff’);
})()

More reading

• 3 things about Woolworths stock every smart investor knows
• 5 things to watch on the ASX 200 on Wednesday
• Are Woolworths shares a buy or a sell at under $33?
• Leading brokers name 3 ASX shares to buy today
• Treasury Wine share price climbs after China removes wine tariffs

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

from The Motley Fool Australia https://ift.tt/5v7P8tx

If you’re in the market for some new ASX 200 shares in April, then it could be worth listening to what analysts at Bell Potter are saying.

That’s because they have just revealed their favoured picks for the month ahead. Two on its list this month are named below. Here’s what the broker is saying about them:

Coles Group Ltd (ASX: COL)

The first ASX 200 share that Bell Potter is urging investors to buy this month is Coles. It is of course one of Australia’s big two supermarket operators.

The broker believes that costs will start to moderate in the near term and sees positives from the company’s investment in its supply chain and online offering. It said:

Costs are expected to remain elevated but should moderate through FY24 and FY25 as general inflation tapers off. In the medium term, 1) higher immigration should support grocery spending, and 2) Coles is entering a period of elevated capex intensity as it reinvests to modernise its supply chain and to catch up to competitors on online and digital offerings, which should help Coles maintain its market position.

Bell Potter has a buy rating and $19.00 price target on its shares. This suggests upside of 15% is possible for investors over the next 12 months. In addition, the broker is expecting a 4%+ dividend yield from its shares, boosting the total potential return to almost 20%.

Regis Resources Ltd (ASX: RRL)

Another ASX 200 share that Bell Potter rates as a buy is Regis Resources. It is one of Australia’s leading gold miners.

Bell Potter likes the miner due to its local operations and positive growth outlook. It also highlights that the company could be an attractive takeover target in the current environment. It explains:

As one of the largest ASX listed gold producers, we are attracted to its all-Australian asset portfolio and organic growth options which are unique at this scale. Furthermore, we see key opportunities in the fundamental, medium-term outlook and, in our view, these may also make RRL an appealing corporate target in the current conducive M&A environment.

Despite its shares rallying strongly due to the rising gold price, Bell Potter still sees significant returns ahead. It currently has a buy rating and $2.60 price target on its shares. This implies upside of 30% for investors over the next 12 months. No dividends are expected in the near future.

The post Bell Potter names the best ASX 200 shares to buy in April appeared first on The Motley Fool Australia.

(function() {
function setButtonColorDefaults(param, property, defaultValue) {
if( !param || !param.includes(‘#’)) {
var button = document.getElementsByClassName(“pitch-snippet”)[0].getElementsByClassName(“pitch-button”)[0];
button.style[property] = defaultValue;
}
}

setButtonColorDefaults(“#0095C8”, ‘background’, ‘#5FA85D’);
setButtonColorDefaults(“#0095C8”, ‘border-color’, ‘#43A24A’);
setButtonColorDefaults(“#fff”, ‘color’, ‘#fff’);
})()

More reading

• Why Imugene, Liontown, Pointsbet, and Regis Resources shares are storming higher
• Why Mesoblast, Regis Resources, Westgold, and WiseTech shares are sinking today
• Buy Coles and these ASX 200 dividend shares now
• 2 ASX blue-chip shares I’d buy with $3,000 right now
• $19 billion in ASX dividends is being paid out this week. Are you getting your share?

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 positions in and has recommended Coles Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

from The Motley Fool Australia https://ift.tt/9BQNPEH

If you have a low tolerance for risk but want to invest in some ASX dividend shares, then read on.

That’s because the three shares listed below could be classed as defensive options with generous dividend yields. Let’s take a closer look at them:

APA Group (ASX: APA)

The first low-risk ASX share for investors to look at is APA Group. It is an energy infrastructure business that owns, manages, and operates a diverse, $27 billion portfolio of gas, electricity, solar and wind assets.

In February, the company released its half year results and delivered revenue, earnings, and distributions growth. The latter builds on 19 years of distribution growth.

This hasn’t gone unnoticed by analysts at Macquarie. They are feeling very positive on the company’s outlook and recently upgraded APA Group’s shares to an outperform rating with a $9.40 price target.

The broker is also expecting some great (and growing) yields from its shares in the near term. It is forecasting dividends per share of 56 cents in FY 2024 and 57.5 cents in FY 2025. Based on the current APA Group share price of $8.48, this equates to 6.6% and 6.8% yields, respectively.

Telstra Group Ltd (ASX: TLS)

Another low-risk ASX share that could be a buy is Telstra. It is of course Australia’s leading telecommunications company.

Given that some people would rather go without food before giving up their phone and internet access, it’s clear to see just how defensive its earnings are.

In fact, it is one of the reasons that Goldman Sachs is bullish on the company. It recently stated that its analysts “believe the low risk earnings (and dividend) growth that Telstra is delivering across FY22-25, underpinned through its mobile business, is attractive.”

Goldman currently has a buy and $4.55 price target on its shares.

And thanks to recent share price weakness, investors can expect to receive an above average dividend yield from its shares.

Goldman is forecasting fully franked dividends of 18 cents per share in FY 2024 and then 19 cents per share in FY 2025. Based on the current Telstra share price of $3.85, this equates to fully franked yields of 4.7% and 5%, respectively.

Transurban Group (ASX: TCL)

Finally, Transurban could be another low-risk ASX share to buy. It owns a portfolio of toll roads in Australia and North America, as well as a significant project pipeline.

As these roads are always in need, particularly as populations grow and urbanisation continues, Transurban has defensive qualities like the others.

Analysts at Citi like the company and have a buy rating and $15.60 price target on its shares.

As for income, its analysts are forecasting dividends per share of 63 cents in FY 2024 and then 65 cents in FY 2025. Based on the current Transurban share price of $13.29, this will mean yields of 4.75% and 4.9%, respectively.

The post 3 lower-risk, high-yield ASX dividend shares to consider buying now appeared first on The Motley Fool Australia.

(function() {
function setButtonColorDefaults(param, property, defaultValue) {
if( !param || !param.includes(‘#’)) {
var button = document.getElementsByClassName(“pitch-snippet”)[0].getElementsByClassName(“pitch-button”)[0];
button.style[property] = defaultValue;
}
}

setButtonColorDefaults(“#0095C8”, ‘background’, ‘#5FA85D’);
setButtonColorDefaults(“#0095C8”, ‘border-color’, ‘#43A24A’);
setButtonColorDefaults(“#fff”, ‘color’, ‘#fff’);
})()

More reading

• Want an income boost? Buy ANZ Bank and these ASX dividend stocks
• If I invest $10,000 in Transurban shares, how much dividend income will I receive?
• 5 excellent ASX dividend stocks to buy in April
• 5 things to watch on the ASX 200 on Thursday
• 2 ASX shares I’d buy to quickly add diversification

Citigroup is an advertising partner of The Ascent, a Motley Fool company. Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Goldman Sachs Group and Transurban Group. The Motley Fool Australia has positions in and has recommended Apa Group and Telstra Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

from The Motley Fool Australia https://ift.tt/KgcEYmL

The dividends from the latest ASX earnings reporting season are drying up. If you own a portfolio of All Ordinaries Index (ASX: XAO) shares, chances are you’ve bagged yourself a dividend over the past few weeks. If that’s the case, congratulations.

But while most ASX All Ords shares have paid out their biannual dividends, we still have some stragglers to report on. Next week, we’ll see no fewer than four All Ords stocks scheduled to trade ex-dividend.

Ex-dividend?

When a company trades ex-dividend, it draws a line in the sand over which investors are eligible for an upcoming dividend payment, as well as any associated franking credits.

If investors own a company’s shares at the close of trading one day before the ex-dividend date, they will be eligible for the particular payout. But bad luck for any investor who buys that company’s shares on or after the ex-dividend date.

As such, it’s important for investors to keep abreast of the ex-dividend dates of any ASX All Ords share they wish to receive a paycheque from.

So, with all that in mind, here’s the list of the ASX All Ords shares that will experience this very phenomenon next week:

4 ASX All Ords shares trading ex-dividend next week

 *Dividend yield as of Thursday’s close

But that’s not all, folks. There are a slew of popular ASX exchange-traded funds (ETFs) from provider BlackRock that are also scheduled to go ex-dividend (or ex-distribution in this case) next week on 9 April.

These include the iShares Core S&P/ASX 200 ETF (ASX: IOZ), the iShares Treasury ETF (ASX: IGB) and the iShares Core Cash ETF (ASX: BILL), among others.

Whilst not technically ASX All Ords shares, these ETFs will still all pay out their respective distributions.

So keep your eyes on any or all of these investments next week if you own any of them, or perhaps if you are just looking for a share price dip before your next buy.

The post 4 ASX All Ords shares with ex-dividend dates next week appeared first on The Motley Fool Australia.

(function() {
function setButtonColorDefaults(param, property, defaultValue) {
if( !param || !param.includes(‘#’)) {
var button = document.getElementsByClassName(“pitch-snippet”)[0].getElementsByClassName(“pitch-button”)[0];
button.style[property] = defaultValue;
}
}

setButtonColorDefaults(“#0095C8”, ‘background’, ‘#5FA85D’);
setButtonColorDefaults(“#0095C8”, ‘border-color’, ‘#43A24A’);
setButtonColorDefaults(“#fff”, ‘color’, ‘#fff’);
})()

More reading

• This ASX 200 stock is down 11% in under a month. Should you buy before it trades ex-dividend?
• Why I think these 2 ASX dividend shares are ideal for income investors
• Guess which ASX 200 stock is losing its CEO after 25 years
• 2 ASX shares I have been buying in 2024!
• This ASX 200 dividend stock looks like a top buy to me

Motley Fool contributor Sebastian Bowen has positions in Kogan.com. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Brickworks and Kogan.com. The Motley Fool Australia has positions in and has recommended Brickworks. The Motley Fool Australia has recommended Kogan.com. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

from The Motley Fool Australia https://ift.tt/Lj0Y4ot

The good news for income investors is that there are plenty of ASX dividend stocks to choose from on the Australian share market.

But which ones are brokers tipping as buys in April?

Let’s take a look at three that have been given the thumbs up by analysts:

Accent Group Ltd (ASX: AX1)

The team at Bell Potter thinks that income investors should check out Accent Group. It is footwear focused retailer operating over 800 stores, 34 brands, and 35 online platforms. Its store brands include Sneaker Lab, Platypus, Stylerunner, and The Athlete’s Foot.

The broker likes the company due to its strong market position and its “growth adjacencies via exclusive partnerships with globally winning brands such as Hoka and growing vertical brand strategy.”

In respect to income, Bell Potter is forecasting fully franked dividends per share of 13 cents in FY 2024 and then 14.6 cents in FY 2025. Based on the latest Accent share price of $1.96, this represents dividend yields of 6.6% and 7.4%, respectively.

Bell Potter has a buy rating and $2.50 price target on its shares.

ANZ Group Holdings Ltd (ASX: ANZ)

If you don’t already have exposure to the big four banks, then Ord Minnett thinks that ANZ Bank could be an ASX dividend stock to buy this month.

It recently stated its belief that the proposed acquisition of Suncorp Bank will add scale to areas where the bank currently trails the rest of the big four. The good news is that this transaction is now nearing completion after finally gaining regulatory approval.

In the meantime, Ord Minnett is forecasting fully franked dividends per share of $1.62 in FY 2024 and $1.65 per share in FY 2025. Based on the current ANZ share price of $29.16, this will mean dividend yields of 5.5% and 5.65%, respectively.

The broker has a buy rating and $31.00 price target on ANZ’s shares.

Transurban Group (ASX: TCL)

A third ASX dividend stock that could be a buy according to analysts at Citi is Transurban. It is one of the world’s leading toll road operators, building and operating toll roads in Melbourne, Sydney and Brisbane, as well as in Greater Washington, United States, and Montreal, Canada.

Citi is a fan of the company and believes it is positioned to pay a dividend ahead of guidance in FY 2024. It is expecting dividends per share of 63 cents in FY 2024 and then 65 cents in FY 2025. Based on the current Transurban share price of $13.29, this will mean yields of 4.75% and 4.9%, respectively.

Citi has a buy rating and $15.90 price target on Transurban’s shares.

The post Want an income boost? Buy ANZ Bank and these ASX dividend stocks appeared first on The Motley Fool Australia.

(function() {
function setButtonColorDefaults(param, property, defaultValue) {
if( !param || !param.includes(‘#’)) {
var button = document.getElementsByClassName(“pitch-snippet”)[0].getElementsByClassName(“pitch-button”)[0];
button.style[property] = defaultValue;
}
}

setButtonColorDefaults(“#0095C8”, ‘background’, ‘#5FA85D’);
setButtonColorDefaults(“#0095C8”, ‘border-color’, ‘#43A24A’);
setButtonColorDefaults(“#fff”, ‘color’, ‘#fff’);
})()

More reading

• Get paid huge amounts of cash to own these ASX dividend shares
• If I invest $10,000 in Transurban shares, how much dividend income will I receive?
• 5 excellent ASX dividend stocks to buy in April
• These ASX 300 dividend shares offer yields of 5% to 8%
• Here are the top five ASX 200 stocks in Macquarie’s model income portfolio

Citigroup is an advertising partner of The Ascent, a Motley Fool company. Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Transurban Group. The Motley Fool Australia has recommended Accent Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

from The Motley Fool Australia https://ift.tt/3oAbvOt

Australia is a world-renowned supplier of natural resources, and ASX 200 mining and energy shares are among the largest and most popular stocks on the market.

Investors view these ASX 200 large-cap stocks as solid investments providing good dividend income.

A key component in the earnings of these companies is commodity prices.

Miners are ‘price takers’, which means they sell the stuff they dig up for prices largely dictated by the global commodities markets.

That’s why we see ASX stock prices go up and down every day in line with commodity values.

If the iron ore price rises, it means companies like BHP Group Ltd (ASX: BHP) and Fortescue Ltd (ASX: FMG) will earn more, and this tends to push their share prices up.

So, it’s helpful to know if commodity prices are likely to go up or down over the short to medium term.

Of course, no one has a crystal ball, but every year, the Federal Department of Industry and Resources has a crack at forecasting how commodity values will change over the next five years.

Those forecasts have just been published, and we’ve got all the details for you.

FY24 to FY29 commodity price forecasts

Here are the price forecasts for 10 different commodities.

Iron ore price

FY24: US$103 per tonne (up from US$95 per tonne in FY23)
FY29: US$75 per tonne

Examples of ASX 200 iron ore shares: BHP, Fortescue, Rio Tinto Ltd (ASX: RIO)

Gold price

FY24: US$1,995 per ounce (up from US$1,831 per ounce in FY23)
FY29: US$1,909 per ounce

Examples of ASX 200 gold shares: Newmont Corporation CDI (ASX: NEM), Northern Star Resources Ltd (ASX: NST)

Copper price

FY24: US$8,258 per tonne (down from US$8,289 per tonne in FY23)
FY29: US$10,061 per tonne

Example of ASX copper shares: Sandfire Resources Ltd (ASX: SFR)

Lithium spodumene price

FY24: US$1,800 per tonne (down from US$5,174 per tonne in FY23)
FY29: US$1,231 per tonne

Examples of ASX lithium shares: Pilbara Minerals Ltd (ASX: PLS), Core Lithium Ltd (ASX: CXO)

LNG price

FY24: $17 per gigajoule (down from $21 per gigajoule in FY23)
FY29: $12 per gigajoule

Brent crude oil price

FY24: US$84 per barrel (down from US$87 per barrel in FY23)
FY29: US$73 per barrel

Examples of ASX energy shares: Woodside Energy Group Ltd (ASX: WDS), Ampol Ltd (ASX: ALD)

Uranium price

FY24: US$85 per pound (up from US$51 per pound in FY23)
FY29: US$119 per pound

Examples of ASX uranium shares: Paladin Energy Ltd  (ASX: PDN), Boss Energy Ltd (ASX: BOE)

Metallurgical & thermal coal prices

Metallurgical

FY24: US$289 per tonne (up from US$277 per tonne in FY23)
FY29: US$207 per tonne

Thermal

FY24: US$135 per tonne (down from US$302 per tonne in FY23)
FY29: US$115 per tonne

Examples of ASX 200 coal shares: Whitehaven Coal Ltd (ASX: WHC), Yancoal Australia Ltd (ASX: YAL)

Alumina & aluminium prices

Alumina

FY24: US$341 per tonne (down from US$343 per tonne in FY23)
FY29: US$369 per tonne

Aluminium

FY24: US$2,204 per tonne (down from US$2,333 per tonne in FY23)
FY29: US$2,685 per tonne

Examples of ASX alumina shares: Alumina Limited (ASX: AWC), South32 Ltd (ASX: S32)

Nickel price

FY24: US$17,889 per tonne (down from US$23,911 per tonne in FY23)
FY29: US$20,950 per tonne

Example of ASX nickel shares: IGO Ltd (ASX: IGO)

The trends driving commodity values

There is a clear main trend in this year’s numbers. Commodity prices are more likely to rise for the metals and minerals essential to the green energy transition, such as copper, which is used for electrification.

This will directly benefit ASX 200 mining shares specialising in the red metal.

Minister for Resources Madeleine King said commodities would continue to underpin Australia’s economic wellbeing.

While global prices are easing, the March 2024 Resources and Energy Quarterly shows demand is likely to be sustained for commodities used in low emissions technologies, including iron ore, copper, aluminium and lithium. The road to net zero runs through Australia’s resources sector.

Another trend is the rising demand for resources from India.

While demand from China will continue to drive commodity prices, India is expected to need a lot more resources as it industrialises. The Indian economy is the fastest growing in the world right now.

The post Own ASX 200 mining shares? Here’s the 5-year forecast for commodity prices appeared first on The Motley Fool Australia.

(function() {
function setButtonColorDefaults(param, property, defaultValue) {
if( !param || !param.includes(‘#’)) {
var button = document.getElementsByClassName(“pitch-snippet”)[0].getElementsByClassName(“pitch-button”)[0];
button.style[property] = defaultValue;
}
}

setButtonColorDefaults(“#0095C8”, ‘background’, ‘#5FA85D’);
setButtonColorDefaults(“#0095C8”, ‘border-color’, ‘#43A24A’);
setButtonColorDefaults(“#fff”, ‘color’, ‘#fff’);
})()

More reading

• 5 things to watch on the ASX 200 on Friday
• Invest $6,000 in Fortescue shares and get $502 in passive income
• Here are the top 10 ASX 200 shares today
• Why is everyone talking about Rio Tinto stock on Thursday?
• Why is the South32 share price having such a cracker run today?

Motley Fool contributor Bronwyn Allen has positions in Alumina, BHP Group, Core Lithium, South32, and Woodside Energy Group. 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.

from The Motley Fool Australia https://ift.tt/rfK3YDB

On Thursday, the S&P/ASX 200 Index (ASX: XJO) returned to form after a selloff on Wednesday. The benchmark index rose 0.45% to 7,817.3 points.

Will the market be able to build on this on Friday and end the week on a high? Here are five things to watch:

ASX 200 poised to sink

The Australian share market looks set to end the week deep in the red following another poor night on Wall Street. According to the latest SPI futures, the ASX 200 is expected to open 50 points or 0.65% lower this morning. In late trade on Wall Street, the Dow Jones is down 1.25%, the S&P 500 is down 1%, and the NASDAQ is down 1.1%. Nervous investors were selling down stocks ahead of the US jobs report.

Oil prices rise again

ASX 200 energy shares such as Beach Energy Ltd (ASX: BPT) and Karoon Energy Ltd (ASX: KAR) could have a good finish to the week after oil prices rose again overnight. According to Bloomberg, the WTI crude oil price is up 1.45% to US$86.66 a barrel and the Brent crude oil price is up 1.6% to US$90.81 a barrel. Oil prices rose amid reports that Israeli embassies have been put on high alert after Iran vowed to retaliate over a missile strike on its consulate in Damascus this week.

BHP and Rio Tinto likely to fall

It looks set to be a tough session for BHP Group Ltd (ASX: BHP) and Rio Tinto Ltd (ASX: RIO) shares on Friday after iron ore prices weakened again. The spot price of the benchmark 62% fines iron ore is down 1.5% to US$98.00 a tonne. This led to both mining giants’ NYSE listed shares dropping almost 2% during last night’s session.

Gold price edges lower

ASX 200 gold shares including Evolution Mining Ltd (ASX: EVN) and Northern Star Resources Ltd (ASX: NST) could have a subdued session after the gold price edged lower overnight. According to CNBC, the spot gold price is down slightly to US$2,314.5 an ounce. Traders appear to have been locking in gains after the precious metal reached a record high.

Dividend payday

A number of ASX 200 shares will be rewarding their shareholders with their latest dividend payments today. Among the companies making dividend payments are airport operator Auckland International Airport Limited (ASX: AIA), corporate travel specialist Corporate Travel Management Ltd (ASX: CTD), gold miners Evolution Mining and Perseus Mining Ltd (ASX: PRU), hospital operator Ramsay Health Care Ltd (ASX: RHC). The latter is paying its shareholders a 40 cents per share fully franked dividend.

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

(function() {
function setButtonColorDefaults(param, property, defaultValue) {
if( !param || !param.includes(‘#’)) {
var button = document.getElementsByClassName(“pitch-snippet”)[0].getElementsByClassName(“pitch-button”)[0];
button.style[property] = defaultValue;
}
}

setButtonColorDefaults(“#0095C8”, ‘background’, ‘#5FA85D’);
setButtonColorDefaults(“#0095C8”, ‘border-color’, ‘#43A24A’);
setButtonColorDefaults(“#fff”, ‘color’, ‘#fff’);
})()

More reading

• Here are the top 10 ASX 200 shares today
• Why is everyone talking about Rio Tinto stock on Thursday?
• How this unexpected development in China could boost ASX 200 mining stocks
• What’s happened to ASX travel shares since COVID ended?
• Top brokers name 3 ASX shares to buy today

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

from The Motley Fool Australia https://ift.tt/Xz0QMRL

Looking for an income boost? Well, the good news is that brokers have just named a number of ASX 300 dividend shares as buys for income investors.

For example, three that could be worth considering are listed below. Here’s what sort of passive income you could expect to receive from their shares with a $10,000 investment:

Deterra Royalties Ltd (ASX: DRR)

Morgan Stanley thinks that Deterra Royalties could be an ASX 300 dividend share to buy.

It manages a portfolio of royalty assets across a range of commodities. This includes royalties held over its cornerstone asset, Mining Area C, in the Pilbara region of Western Australia, which is operated by BHP Group Ltd (ASX: BHP).

Morgan Stanley currently has an overweight rating and $5.60 price target on its shares.

As for income, the broker is expecting Deterra Royalties to pay fully franked dividends per share of 37 cents in FY 2024 and 34 cents in FY 2025. Based on the current Deterra Royalties share price of $4.91, this will mean yields of 7.5% and 6.9%, respectively.

This means that a $10,000 investment would generate approximately $725 of passive income over the next 12 months if Morgan Stanley’s forecasts are on the money.

Dexus Industria REIT (ASX: DXI)

Analysts at Morgans think that Dexus Industria could be an ASX 300 dividend share to buy. It is a real estate investment trust that invests in high quality industrial warehouses across Australia.

Morgans currently has an add rating and $3.18 price target on its shares.

In respect to income, the broker is forecasting dividends per share of 16.4 cents in FY 2024 and 16.6 cents in FY 2025. Based on the current Dexus Industria share price of $2.97, this will mean dividend yields of 5.5% and 5.6%, respectively.

If this proves accurate, a $10,000 investment would generate approximately $550 of passive income over the next 12 months.

Super Retail Group Ltd (ASX: SUL)

Finally, Super Retail could be an ASX 300 dividend share to buy according to analysts at Goldman Sachs. It is the name behind popular retail brands BCF, Macpac, Rebel, and Supercheap Auto.

Goldman currently has buy rating and $17.80 price target on its shares.

As for income, the broker is expecting Super Retail’s strategic growth plan to underpin fully franked dividends per share of 67 cents in FY 2024 and then 73 cents in FY 2025. Based on the latest Super Retail share price of $15.49, this will mean yields of 4.3% and 4.7%, respectively.

This suggests that a $10,000 investment would generate in the region of $450 of passive income over the next 12 months.

The post $10,000 invested in these ASX 300 dividend shares would generate this much passive income appeared first on The Motley Fool Australia.

(function() {
function setButtonColorDefaults(param, property, defaultValue) {
if( !param || !param.includes(‘#’)) {
var button = document.getElementsByClassName(“pitch-snippet”)[0].getElementsByClassName(“pitch-button”)[0];
button.style[property] = defaultValue;
}
}

setButtonColorDefaults(“#0095C8”, ‘background’, ‘#5FA85D’);
setButtonColorDefaults(“#0095C8”, ‘border-color’, ‘#43A24A’);
setButtonColorDefaults(“#fff”, ‘color’, ‘#fff’);
})()

More reading

• Are your big ASX 200 mining dividends in for a chop?
• 3 ASX income shares to buy for a dividend boost
• 3 top income-focused ASX shares to buy before April
• Buy these ASX dividend stocks for an income boost
• Analysts say these excellent ASX income shares are buys

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Goldman Sachs Group. The Motley Fool Australia has positions in and has recommended Super Retail Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

from The Motley Fool Australia https://ift.tt/Q1cg4wV

Fortescue Metals Group Ltd (ASX: FMG) shares have been favourites among passive income investors over the past five years for the company’s juicy fully franked dividends.

The S&P/ASX 200 Index (ASX: XJO) mining stock reported its half-year results for FY 2024 on 22 February, which included a big boost in its interim dividend.

Below, is a quick recap of the highlights, along with the passive income potential on tap from this ASX 200 dividend beast.

Fortescue shares deliver boosted passive income

Fortescue shares enjoyed a lift after reporting some strong metrics for the six months ending 31 December (1H FY 2024).

Those included a 21% year on year increase in revenue to US$9.5 billion. And underlying earnings before interest, tax, depreciation and amortisation (EBITDA) of US$5.9 billion was up 36% from the prior corresponding half year.

This helped drive a 41% increase in net profit after tax (NPAT), which came in at US$3.3 billion for the six months.

This saw management declare a fully franked interim dividend of AU$1.08 per share, up a whopping 44% from the prior interim dividend.

The interim dividend represents a 65% payout of the ASX 200 miner’s H1 FY 2024 NPAT. That’s in line with Fortescue’s dividend policy to pay out 50% to 80% of its full-year underlying NPAT.

Eligible investors (those who held Fortescue shares at market close on 27 February) will have seen that passive income hit their bank accounts on 27 March, right on time for the Easter holiday break.

Commenting on the boosted interim dividend at the time, Fortescue CEO Dino Otranto said, “The strength of our operating and financial performance and our commitment to deliver returns to shareholders has resulted in the board today declaring a fully franked interim dividend of AU$1.08 per share, representing a 65% payout of first half net profit after tax.”

Otranto added:

Whether it’s through our first green energy projects, our diversification into the high-grade segment of the iron ore market through Iron Bridge, or expansion of our global footprint with the Belinga Iron Ore Project in Gabon, we remain committed to creating value for all our stakeholders.

Fortescue shares also delivered a final dividend of $1.00 per share, which was paid out on 28 September. The total payout amounted to US$2.0 billion.

All told then, the ASX 200 miner paid a total of $2.08 per share in passive income over the past 12 months.

At the recent share price of $24.88, that works out to a fully franked trailing yield of 8.4%.

Now future dividends may be higher or lower based on a range of company-specific and macroeconomic factors.

But based on these dividend payouts, a $6,000 investment today would net me $501.60 in annual passive income.

Of course, we’ll be hoping for some share price gains as well.

The Fortescue share price is up 13% over the last year and up 218% over five years.

If you’re thinking about buying Fortescue shares for passive income, make sure to do your own research first. Or simply reach out for some expert advice.

The post Invest $6,000 in Fortescue shares and get $502 in passive income appeared first on The Motley Fool Australia.

(function() {
function setButtonColorDefaults(param, property, defaultValue) {
if( !param || !param.includes(‘#’)) {
var button = document.getElementsByClassName(“pitch-snippet”)[0].getElementsByClassName(“pitch-button”)[0];
button.style[property] = defaultValue;
}
}

setButtonColorDefaults(“#0095C8”, ‘background’, ‘#5FA85D’);
setButtonColorDefaults(“#0095C8”, ‘border-color’, ‘#43A24A’);
setButtonColorDefaults(“#fff”, ‘color’, ‘#fff’);
})()

More reading

• How this unexpected development in China could boost ASX 200 mining stocks
• Are your big ASX 200 mining dividends in for a chop?
• Here is the profit forecast to 2026 for Fortescue shares
• I’d spend $8k on these ASX 200 shares today to target a $6,102 annual passive income
• $19 billion in ASX dividends is being paid out this week. Are you getting your share?

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.

from The Motley Fool Australia https://ift.tt/kHmeY3c

ASX dividend shares that pay good dividend yields can be really appealing investments for cash flow.

But how do you find the best investment options? One metric that can help is the price/earnings (P/E) ratio. It tells us what multiple of its earnings a company is trading at — the higher the number, the more expensive it appears to be.

Companies that are priced on a low P/E ratio can have a high dividend yield. Bear in mind that some industries typically trade on a higher P/E ratio, like technology, while others, such as retail and fund managers, usually trade on a lower P/E ratio.

I would also look for businesses that can grow their earnings over the longer term because they can sustain the current dividend and potentially help push the payouts higher.

Let’s look at three companies that I think fit this criteria.

Universal Store Holdings Ltd (ASX: UNI)

Universal Store owns a number of “premium youth fashion brands”. Its main retail businesses are Universal Store and CTC (which operates the THRILLS and Worship brands). The ASX dividend share is also rolling out Perfect Stranger as a standalone retail business.

The company has 100 stores and continues to open more – launching six new stores in the first half of FY24. HY24 saw sales rise 8.5% to $158 million, while the statutory net profit after tax (NPAT) grew by 16.7% to $20.7 million.

The company has demonstrated it can still grow earnings in this high-cost-of-living environment. It grew its interim dividend per share by almost 18% to 16.5 cents per share.

Estimates on Commsec suggest the business could pay a grossed-up dividend yield of 7.4% in FY25 and 8.3% in FY26.

Accent Group Ltd (ASX: AX1)

Accent is another ASX retail share that sells a wide array of shoes from different brands. It acts as the distributor for a number of global brands, including CAT, Dr Martens, Henleys, Herschel, Hoka, Kappa, Merrell, Skechers, Ugg and Vans.

The company also has its own businesses, including The Athlete’s Foot, Trybe, Stylerunner, Nude Lucy and Glue Store.

Accent continues to roll out new stores, which increases its potential earning power, particularly when retail conditions rebound in the next couple of years.

Everyone needs shoes, so Australia’s growing population is a useful tailwind for this ASX dividend share.

The current forecast on Commsec suggests Accent shares could have a grossed-up dividend yield of 8.3% in FY25 and 10.3% in FY26.  

GQG Partners Inc (ASX: GQG)

GQG is a US-headquartered fund manager that provides a number of different investment funds for people including US shares, global and international shares, and emerging markets.

Its funds under management (FUM) is growing from a combination of pleasing long-term investment performance and regular net inflows of more investor money.

The business has committed to a dividend payout ratio of 90% of distributable earnings, leading to a pleasing quarterly dividend.

The estimate on Commsec suggests it could pay a dividend yield of 9% in FY25.

The post Get paid huge amounts of cash to own these ASX dividend shares appeared first on The Motley Fool Australia.

(function() {
function setButtonColorDefaults(param, property, defaultValue) {
if( !param || !param.includes(‘#’)) {
var button = document.getElementsByClassName(“pitch-snippet”)[0].getElementsByClassName(“pitch-button”)[0];
button.style[property] = defaultValue;
}
}

setButtonColorDefaults(“#0095C8”, ‘background’, ‘#5FA85D’);
setButtonColorDefaults(“#0095C8”, ‘border-color’, ‘#43A24A’);
setButtonColorDefaults(“#fff”, ‘color’, ‘#fff’);
})()

More reading

• 5 excellent ASX dividend stocks to buy in April
• 3 ASX income shares to buy for a dividend boost
• Top ASX shares to buy in April 2024
• 5 top ASX dividend shares to buy right now
• 2 Australian dividend shares to buy under $2

Motley Fool contributor Tristan Harrison has positions in Accent Group. 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 Accent Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

from The Motley Fool Australia https://ift.tt/xdt7jPm