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With interest rates likely to remain low for some time to come, potentially even years, the yields on the ASX dividend shares listed below could be even more attractive than normal for income investors.

Here’s what you need to know about these dividend shares that have been rated as buys:

Australia and New Zealand Banking GrpLtd (ASX: ANZ)

This banking giant could be a good option after returning to form in FY 2021. During the first half, it reported a statutory profit after tax of $2,943 million and cash earnings from continuing operations of $2,990 million. This was up 45% and 28%, respectively, on the second half of FY 2020. And thanks to its strong capital position, it has just announced a $1.5 billion share buyback.

Looking ahead, thanks to favourable trading conditions, a booming housing market, and the relaxation of responsible lending rules, ANZ looks well-placed to build on its strong first half showing. It also has the balance sheet strength to underpin another buyback in the coming months if trading and asset conditions don’t deteriorate.

Analysts at Morgans are very bullish on the bank. They currently have an add rating and $34.50 price target on its shares.

The broker is also forecasting fully franked dividends of 145 cents per share in FY 2021 and 165 cents per share in FY 2022. Based on the latest ANZ share price of $28.31, this represents yields of 5.1% and 5.8%, respectively.

Telstra Corporation Ltd (ASX: TLS)

Another ASX dividend share to look at is this telco giant. After several years of difficulties because of the NBN rollout, this headwind is finally easing and a return to growth is now in Telstra’s sights.

This is being supported by its significant cost cutting, rational competition, and its leadership position in 5G internet. In respect to the latter, the company has such a lead with its 5G network, that it has been tipped to grow its market share in the coming years.

In addition to this, the company is in the process of offloading assets such as its towers to unlock value for shareholders.

Ord Minnett is a fan of Telstra. It currently has a buy rating and $4.40 price target on its shares. The broker is expecting 16 cents per share fully franked dividends for the foreseeable future. Based on the current Telstra share price of $4.02, this will mean 4% yields.

The post 2 ASX 200 dividend shares with big yields appeared first on The Motley Fool Australia.

More reading

• Here are the 3 top trading ASX 200 shares this Friday
• Telstra (ASX:TLS) share price hits 52-week high amid diversification rumours
• How does the TPG (ASX:TPG) earnings result compare to Telstra?
• Leading broker thinks the ANZ (ASX:ANZ) share price can keep rising
• August has been a great month so far for the Telstra (ASX:TLS) share price

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

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On Friday the S&P/ASX 200 Index (ASX: XJO) finished a very disappointing week on a subdued note. The benchmark index fell a few points to 7,460.9 points.

Will the market be able to bounce back from this on Monday? Here are five things to watch:

ASX 200 expected to rise

The Australian share market looks set to bounce back on Monday. According to the latest SPI futures, the ASX 200 is expected to open the day 35 points or 0.5% higher this morning. This follows a solid end to the week on Wall Street, which saw the Dow Jones rise 0.65%, the S&P 500 climb 0.8%, and the Nasdaq storm 1.2% higher. A rebound in iron ore prices is expected to support the ASX 200 miners.

Oil prices drop

Energy producers including Santos Ltd (ASX: STO) and Woodside Petroleum Limited (ASX: WPL) could be under pressure today after oil prices dropped again on Friday night. According to Bloomberg, the WTI crude oil price is down 2.1% to US$62.14 a barrel and the Brent crude oil price has fallen 1.9% to US$65.18 a barrel. Concerns over the spread of the Delta variant led to oil prices recording their biggest week of losses of the year.

Sonic Healthcare full year results

The Sonic Healthcare Limited (ASX SHL) share price will be one to watch when it releases its full year results. According to a note out of Goldman Sachs, it is expecting Sonic to report revenue of $9,352 million, adjusted EBITDA of $2,578 million, and net profit of $1,327 million. This is expected to be driven largely by COVID testing demand.

Gold price rises slightly

Australian gold miners such as Newcrest Mining Limited (ASX: NCM) and Northern Star Resources Ltd (ASX: NST) could start the week on a mildly positive note after the gold price edged higher on Friday night. According to CNBC, the spot gold price rose 0.1% to US$1,784.0 an ounce. Concerns over a global economic slowdown supported demand.

NIB full year results

The NIB Holdings Limited (ASX: NHF) share price will be on watch this morning when it releases its full year results. According to Goldman Sachs, it is expecting the private health insurer to report a 92.2% increase in net profit after tax to $171.4 million. This is expected to allow the company to declare a full year 24.5 cents per share dividend. This is up 75% year on year.

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

More reading

• Why the Woodside (ASX:WPL) share price is down 11% in a week
• What happened to the NIB (ASX:NHF) share price last earnings season?
• How did the Sonic Healthcare (ASX:SHL) share price respond last earnings season?
• These were the best performing ASX 200 shares last week
• These were the worst performing ASX 200 shares last week

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 NIB Holdings Limited and Sonic Healthcare 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 small end of the Australian share market is home to a number of companies with the potential to grow materially in the future.

Three that investors might want to get better acquainted with are listed below. Here’s why they should be on your watchlist:

Bigtincan Holdings Ltd (ASX: BTH)

The first small cap share to look at is this leading provider of enterprise mobility software to businesses globally. Bigtincan’s popular software unlocks new and more effective ways for teams to perform at higher levels and deliver better business results by creating more positive and efficient buying experiences.

The company notes that its platform empowers sales and service representatives to maximise their use of sales collateral to engage with customers and prospects more effectively. Demand for its software continues to grow and is underpinning strong annualised recurring revenue (ARR) growth.

Booktopia Group Ltd (ASX: BKG)

The second small cap ASX share to watch is Booktopia. It is an online book retailer which has been growing at an explosive rate in FY 2021. For example, during the first half the company reported a 51.1% increase in revenue to $112.6 million and a 502.3% jump in underlying EBITDA to $8 million.

Positively, it has since followed this up with a 53% increase in quarterly revenue during the third quarter. This positions it to deliver a stellar full year result this month.

Booktopia notes that its strong growth is being driven by the shift to online shopping and its new distribution centre. The latter is allowing the company to ship more books than ever.

Whispir Ltd (ASX: WSP)

A final small cap share to watch is Whispir. It is a software-as-a-service communications workflow platform provider. Whispir provides an industry-leading software platform that allows governments and businesses to deliver actionable two-way interactions at scale using automated multi-channel communication workflows.

Demand for its software has also been increasing strongly, leading to stellar recurring revenue growth in recent years. The good news is that it is still only scratching at the surface of its total addressable market (TAM).

For example, at the end of the third quarter, Whispir’s ARR stood at $50.3 million, which was up 20.3% over the prior corresponding period. This compares to its TAM of US4.7 billion in the just United States.

The post 3 exciting small cap ASX shares to watch right now appeared first on The Motley Fool Australia.

More reading

• 3 small cap ASX shares to put on your watchlist this week
• 3 quality ASX growth shares for August
• 3 small cap ASX shares investors should watch very closely
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• Why Fortescue, Over The Wire, Pro Medicus, & Whispir shares are dropping

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 shares of and has recommended BIGTINCAN FPO and Whispir Ltd. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended Booktopia Group Limited. The Motley Fool Australia owns shares of and has recommended BIGTINCAN FPO. The Motley Fool Australia has recommended Whispir 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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If you’re looking for good long term options, then the tech sector could be a place for investors to start their search.

This is because the sector is home to a number of companies that have the potential to grow strongly over the next decade.

Two ASX tech shares that are highly rated are named below. Here’s why analysts rate them as buys:

Adore Beauty Group Limited (ASX: ABY)

The first ASX tech share to look at is Adore Beauty. Australia’s leading online beauty retailer has been growing strongly in recent years thanks to the structural shift online, which accelerated during the pandemic.

In fact, Adore Beauty is expecting to report a 43% to 47% increase in full year revenue in FY 2021 thanks to a sales surge during the height of the pandemic. And while it will be hard to deliver similarly strong growth in FY 2022, its long term growth trajectory looks very positive.

This is because online penetration rates for beauty products are still much lower than other categories and in comparison to other Western markets.

The company notes that the beauty and personal care (BPC) market in Australia is worth $11.2 billion and is expected to grow at a 26% CAGR through to 2024. It also notes that online sales comprise just 11.4% of the BPC market at present.

As a result, Adore Beauty appears very well-positioned to continue its growth over the next decade. Particularly given its leadership position in the growing online market. Another positive is that the Adore Beauty Loyalty program launched in March, with sign-ups ahead of expectations.

UBS is a fan of Adore Beauty. Its analysts currently have a buy rating and $5.60 price target on the company’s shares. UBS believes the company will benefit from structural tailwinds in the coming years.

Xero Limited (ASX: XRO)

Another ASX tech share to look at is Xero. It provides small and medium sized businesses with a cloud-based business and accounting solution.

Xero was on form again in FY 2021, recording a 20% increase in subscribers to 2.74 million. This was driven by a 20% increase in ANZ subscribers to 1.56 million and a 21% lift in International subscribers to 1.18 million. The latter includes 720,000 subscribers in the UK market.

Pleasingly, the company is still only scratching at the surface of its global market opportunity. Management estimates that it total addressable market is currently 45 million subscribers.

In addition to this, the company’s growth should be boosted by its growing app ecosystem.

Goldman Sachs believes that if Xero can monetise this ecosystem and execute its international expansion successfully, it has the potential to underpin strong top line growth for a long time to come.

In light of this, the broker is very bullish on Xero and has a buy rating and $165.00 price target on its shares.

The post Analysts rate these ASX tech shares as buys appeared first on The Motley Fool Australia.

More reading

• The Xero (ASX:XRO) share price is up 50% over the past 12 months
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• Top broker thinks these ASX tech shares are buys
• 2 ASX growth shares brokers love

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 shares of and has recommended Xero. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended Adore Beauty Group Limited. The Motley Fool Australia owns shares of and has recommended Xero. 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 having a tough run lately. It slipped 8.6% last week, despite silence from the company.

Though, AMP had a big week last week. In fact, the diversified financial services provider released its financial 2021 results and was in the media a number of times.

After finishing the previous week at $1.16, AMP’s shares closed Friday’s session trading for $1.06 apiece.

Let’s take a closer look at what’s driven the AMP share price over the past 7 days.

AMP’s poor week’s performance

The first piece of news that likely impacted the AMP share price last week actually hit the market the week before.

AMP released its earnings for the first half of 2021 after the ASX closed on Thursday. In reaction, the AMP share price soared 3.57% on Friday.

AMP reported its net profits had increased 57% over the 6 months ended 30 June. However, it decided against handing its shareholders an interim dividend.

The AMP share price’s fall last week could, therefore, have been a result of it realigning after the single day’s gain.

Though, it could also have been due to AMP’s newly appointed CEO Alexis George’s media rounds.

While George hadn’t been in the media much last week, on Thursday and Friday of the week before she had multiple discussions on AMP’s future with numerous outlets.

George told one outlet she plans to increase AMP’s focus on technology. She told another that AMP shareholders should strap in for a slow, ultimately upwards-facing, journey.  

Finally, on Friday night, The Australian published an article in which George stated AMP’s banking and mortgage segment houses major opportunities for the company.

Whatever the reason for AMP’s shares’ recent woes, the future looks like it might be brighter. At least, the company’s CEO thinks so.

AMP share price snapshot

It hasn’t been a good year for AMP’s stock.

It’s fallen 32% year to date. It has also dropped 25% since this time last year.

The post Here’s why the AMP (ASX:AMP) share price is down 9% in a week appeared first on The Motley Fool Australia.

More reading

• When was the worst ever day on the AMP (ASX:AMP) share price chart?
• Will Delta wreak long-term havoc on ASX shares? This economist says no
• Own AMP (ASX:AMP) shares? A transformation will ‘take time’: CEO
• Can a new tech focus help rescue the AMP (ASX:AMP) share price?
• Here are the 3 most heavily traded ASX 200 shares this Thursday

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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The Woodside Petroleum Limited (ASX: WPL) share price has fallen 11.2% over the last week on the back of some controversial news.

Woodside’s stock finished last week at $22.19. However, when the market closed on Friday this week, Woodside shares were worth $19.70 each.

Let’s take a look at the oil and gas producer’s turbulent week on the ASX.

The week that was for Woodside

The week started off red for the Woodside share price.

On Monday, both Woodside and BHP Group Ltd (ASX: BHP) confirmed they were in discussions regarding Woodside potentially taking on BHP’s oil and gas business.

While it was all just rumours and chatting back then, the Woodside share price fell 4.55% in anticipation of things to come.

Then, on Tuesday, reports emerged that key Woodside shareholders were against the idea. Though, that debate didn’t last long.

After the market closed on Tuesday, Woodside announced it will, indeed, be merging with BHP’s oil and gas segment.

After the proposed merger, the newly expanded Woodside will be 52% owned by Woodside shareholders, and 48% by BHP shareholders. The two companies spoke of a merged entity with stronger cash flows, more resilience, and more than US$400 million of annual synergies.

Then, on Wednesday morning, Woodside released its results for the 6 months ended 30 June 2021.

If Woodside had counted on news of its $317 million profit, US30 cents dividend, and newly appointed CEO outweighing the oil-covered elephant in the room, its hopes were soon dashed.

The market sent the Woodside share price sliding 2.12% on Wednesday.

That wasn’t the end of the bad week though. Woodside shares slumped another 3.4% on Thursday and didn’t manage to correct themselves much on Friday.

Woodside share price snapshot

The bad week has dragged the Woodside share price deeper into the red this year.

Currently, its 15% lower than it was at the start of 2021. It has also dropped 2.4% since this time last year.

The post Why the Woodside (ASX:WPL) share price is down 11% in a week appeared first on The Motley Fool Australia.

More reading

• 5 things to watch on the ASX 200 on Friday
• Here’s why the Woodside (ASX:WPL) share price is sliding today
• Why the Woodside (ASX:WPL) dividend jumped by 14%
• 5 things to watch on the ASX 200 on Thursday
• ASX 200 drops, BHP falls, Pro Medicus soars

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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The Qantas Airways Limited (ASX: QAN) share price has not been one that has enjoyed 2021 so far. At the time of writing, Qantas shares remain down by around 13% year to date.

With the airline scheduled to report its FY2021 earnings next Thursday, it might be a good time to jump into the Qantas share price history to see if we can learn anything today.

Qantas is a company that many investors might feel a special attachment to. The ‘flying kangaroo’ used to be a government-owned company before its privatisation back in the 1990s. Today, it is listed on the ASX boards as a public company, available for all Aussie investors.

What does the Qantas share price flight path look like?

Well, to start things off, here is a graph of Qantas share price over the past decade:

As you can see, it hasn’t exactly been a smooth ascent over the past 10 years. As an airline, Qantas is a company that faces wildly cyclical business conditions. Its profitability rests on many factors, including oil prices, competition, Australian dollar exchange rates, demand for tourism and travel, and the overall health of the economy.

You can see this cyclicality reflected in the Qantas share price.

Of course, the biggest hit that Qantas has taken in the past decade came last year with the onset of the coronavirus.

As soon as it became evident that both international and domestic travel would be shuttered last year, the Qantas share price went into freefall. In December 2020, Qantas shares were at an all-time high, over $7. But by late March 2020, the company had fallen to less than $2.50 a share.

Qantas shares have faced a lot of turbulence (last pun, I promise) in the months since too. With lockdowns, international ‘bubbles’ and travel restrictions whipsawing wildly from state to state, and country to country, over the past 18 months or so, Qantas has certainly had to endure plenty of uncertainty.

The more recent Delta outbreaks have clearly not been helpful to the company. Qantas shares are now down more than 13% since the start of July.

So it will be interesting to hear what the flying kangaroo has to say next Thursday when it reports its earnings.
At recent Qantas share pricing, the airline has a market capitalisation of $8.19 billion.

The post What can we learn from the Qantas (ASX:QAN) share price history? appeared first on The Motley Fool Australia.

More reading

• How does the Qantas (ASX:QAN) share price perform during lockdowns?
• The Qantas (ASX:QAN) share price is down 4% in a month. Here’s why
• Move over Qantas (ASX:QAN). This ASX airline share is profiting during COVID
• 3 reopening ASX share ideas as potential buys
• Qantas (ASX:QAN) share price gains amid virtual travel pack

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

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The NIB Holdings Limited (ASX: NHF) share price edged higher on Friday ahead of its FY21 full-year results on Monday.

Indeed, investors will be watching this space when the company reports its numbers for the second half of the financial year.

At Friday’s market close, NIB shares ended the day up 1.14% to $7.98.

Let’s take a look to see how NIB performed for the first half of FY21 and how its share price reacted.

What did NIB report for the first half of FY21?

NIB delivered its half-year result for the 2021 financial year in late February, revealing mixed numbers across the board.

Here’s a summary of the financial details that NIB posted for its last earnings season.

• Total group revenue of $1.3 billion, down 1.1% on the prior corresponding period
• Group expense claim of $1 billion, up 0.9%
• Group underlying operating profit (UOP) of $86.9 million, up 4.4%
• Net profit after tax (NPAT) of $66.2 million, up 15.9%
• Fully-franked interim dividend of 10 cents per share (in line with H1 FY20’s interim dividend of 10 cents per share)

Following the release, NIB shares advanced from $5.33 on 22 February to as high as $5.87 on the day. This represents an increase of around 10% for the private health insurer.

However, investors were quick to take profit off the table, sending the company’s shares lower in the aftermath.

What should investors look out for this earnings season?

According to Goldman Sachs, NIB is expected to report total FY21 revenue of $2,521 million. In comparison, the prior corresponding year brought in $2,438 million.

Group UOP is forecasted to come in at $217 million, compared to $150 million in FY20.

The NIB board is predicted to declare a final dividend of 14.5 cents per share. This represents a growth of 75% when matched against FY20 (14 cents per share).

Goldman Sachs noted improved earnings contribution from ancillary businesses and further corporate white-label partners driving market share gains. However, weighing down the result could be softer-than-expected travel insurance performance.

NIB share price snapshot

NIB shares have been on fire lately, rocketing 20% over the last month. When looking at a longer time frame, its shares accelerated by more than 60% since this time last year.

It’s worth noting that the NIB share price is closing in on its all-time high of $8.20 achieved in July 2019.

NIB has a market capitalisation of roughly $3.6 billion, with approximately 457.7 million shares on issue.

The post What happened to the NIB (ASX:NHF) share price last earnings season? appeared first on The Motley Fool Australia.

More reading

• Why has the NIB (ASX:NHF) share price reached a 52-week high on Friday?
• These 10 ASX 200 shares hit new 52-week highs this Monday
• Banks, NIB and Nuix share prices rise. Nick Scali flying. Scott Phillips on Nine’s Late News
• NIB Holdings (ASX:NHF) share price looks attractive long term – Expert

Motley Fool contributor Aaron Teboneras owns shares of NIB Holdings Limited. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended NIB Holdings 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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Are you looking for some attractive dividend yields to boost your income? Then look at the ones listed below.

Here’s why these dividend shares have been tipped as great options for income investors right now:

National Australia Bank Ltd (ASX: NAB)

The first dividend share to look at is NAB. This banking giant has been a strong performer in FY 2021 and looks well-placed to deliver a robust full year result in the coming months.

In addition to this, the bank’s capital position is very strong and well-ahead of APRA’s unquestionably strong benchmark. This is even after recently announcing the acquisition of Citi’s Australian consumer operations for $1.2 billion.

This should put the bank in a position to reward shareholders with generous dividends and potentially even further buybacks in the near term.

Goldman Sachs is positive on the bank. It likes NAB due to its cost management initiatives, strong position in business banking, and its excellent management of volumes and margins.

The broker has a conviction buy rating and $30.62 price target on the bank’s shares. This compares to the latest NAB share price of $27.41. Goldman expects yields of 4.5%, 5%, and 5.3%, respectively, between FY 2021 and FY 2023.

Super Retail Group Ltd (ASX: SUL)

Another ASX dividend share to consider is Super Retail. It is the retail group behind the BCF, Macpac, Rebel, and Super Cheap Auto retail brands.

Super Retail’s businesses performed very strongly in FY 2021 thanks to a favourable redirection in consumer spending. This led to the company reporting a 22% increase in sales to $3.45 billion and a 107% jump in normalised net profit after tax to $306.8 million.

In response to the result, the team at Credit Suisse put an outperform rating and $14.40 price target on its shares.

The broker is also forecasting dividend per share of 51.6 cents in FY 2022 and 50 cents in FY 2023. Based on the current Super Retail share price of $12.77, this will mean fully franked yields of 4% and 3.9%, respectively.

The post 2 ASX shares with generous fully franked dividend yields appeared first on The Motley Fool Australia.

More reading

• August has been a great month so far for the NAB (ASX:NAB) share price
• NAB (ASX:NAB) share price named as a buy by leading broker
• Super Retail (ASX:SUL) dividend supercharged by 450%
• 2 quality ASX dividend shares analysts rate as buys
• Super Retail (ASX: SUL) share price climbs on FY21 results

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 owns shares of and has recommended Super Retail 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 Sonic Healthcare Limited (ASX: SHL) share price gained 4% last week.

That compares to a loss of 2% on the S&P/ASX 200 Index (ASX: XJO).

The ASX 200 healthcare share will be closely watched tomorrow, when the company releases its results for the financial year ending 30 June 2021.

With that in mind, we take a look back to see how Sonic Healthcare’s shares responded following last year’s results.

What did Sonic report for FY20?

On 20 August 2020, The Motley Fool reported that Sonic Healthcare’s share price hit a record “after its profit results allayed a key concern of its critics”.

Here are some of the key numbers that Sonic released for FY20:

• Group revenue increased 11% to $6.86 billion
• Underlying net profit increased 7% to $552 million
• Operating cash flow increased 26% to $1 billion
• Final dividend declared of 51 cents per share; total FY20 dividend increased 1.2% year-on-year

The company defied naysayers who’d been concerned that one of its core revenue drivers – routine screening and diagnostics – would be hobbled by the pandemic as people delayed visiting medical facilities for regular checkups.

While that segment of the company’s business did take a hit, a surge in coronavirus testing managed to help deliver the 11% boost to revenue.

How has Sonic Healthcare’s share price performed since then?

Since market open on the day after it deliver its FY20 results, Sonic has gained 24%. By comparison the ASX 200 is up 22% in that same time.

Year-to-date the Sonic Healthcare share price has surged 31% in 2021.

The post How did the Sonic Healthcare (ASX:SHL) share price respond last earnings season? appeared first on The Motley Fool Australia.

More reading

• 2 high quality ASX dividend shares named as buys
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• 2 ASX shares that could join the acquisition frenzy
• 2 COVID-19 ASX shares that could be buys

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 Sonic Healthcare 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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