Tag: Stock pick

The HomeCo Daily Needs REIT (ASX: HDN) share price is in focus after the REIT announced a quarterly distribution of 2.15 cents per unit for the period ending 31 December 2025. The distribution will be paid on 26 February 2026 and is unfranked.

What did HomeCo Daily Needs REIT report?

• Quarterly distribution: 2.15 cents per unit, unfranked
• Record date: 31 December 2025
• Ex-date: 30 December 2025
• Payment date: 26 February 2026
• Distribution Reinvestment Plan (DRP) offered with no discount
• DRP election deadline: 2 January 2026, 5:00pm

What else do investors need to know?

The entire quarterly distribution will be paid as unfranked, so no franking credits will be attached. Investors who want to reinvest their distributions can opt into the DRP, which will see units issued at the volume-weighted average price (VWAP) over five trading days in early January 2026. The DRP price will be confirmed on 12 January 2026.

Holders who do not elect for DRP participation will receive the cash payment by default. All new DRP units will be fully paid and rank equally with existing units from their issue date.

What’s next for HomeCo Daily Needs REIT?

HomeCo Daily Needs REIT will finalise the DRP price and issue new units on the payment date in February. Investors can expect regular quarterly distributions to continue, in line with the REIT’s stated focus on providing reliable income.

As market conditions evolve, investors will be watching for any further updates ahead of the next quarterly distribution payment and management’s ongoing strategy to maximise unitholder value.

HomeCo Daily Needs REIT share price snapshot

Over the past 12 months, HomeCo Daily Needs REIT shares have risen 19%, outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen 3% over the same period.

View Original Announcement

The post HomeCo Daily Needs REIT announces dividend and DRP for December quarter appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart 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 HomeCo Daily Needs REIT. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

It’s a banner day for Rio Tinto Ltd (ASX: RIO), Evolution Mining Ltd (ASX: EVN), and BHP Group Ltd (ASX: BHP) shares today.

That’s because all three of the S&P/ASX 200 Index (ASX: XJO) mining giants just charged to new 52-week plus highs.

Here’s what’s happening.

Rio Tinto and BHP shares riding the copper wave

Rio Tinto shares are up 1.8% in late morning trade on Friday, changing hands for $142.53 apiece.

That’s not just a new 52-week high for the ASX 200 mining stock, but it represents a new all-time high as well (if held to close).

Rio Tinto shares have gained 14.8% over the past year. Atop those capital gains, Rio Tinto stock also trades on a fully franked 4.2% trailing dividend yield.

BHP shares are also enjoying a strong run, up 1.8% today and trading for $45.94 each. That’s its highest level since February 2024.

Shares in Australia’s biggest miner are now up 9.7% since this time last year. BHP stock also trades on a fully franked 3.7% trailing dividend yield.

Atop their own operational successes, Rio Tinto and BHP shares have both been benefiting from rocketing copper prices and a resilient iron ore price.

On the iron ore front, last year this time, the majority of analysts had been forecasting that the industrial metal would be trading well below US$100 per tonne, with some expecting it to slump to US$80 per tonne.

Instead, iron ore, the top revenue earner for both BHP and Rio Tinto, has rebounded from US$93 per tonne in early July to a peak of over US$107 per tonne in early December. Iron ore is currently fetching US$102 per tonne.

It’s an even better story on the copper front.

The red metal represents the second biggest (and growing) revenue earner for both BHP and Rio Tinto. And copper prices have been going ballistic.

Up 2.7% over the past 24 hours at US$11,872 per tonne, the copper price is now up more than 35% in 2025.

Which brings us to…

ASX 200 gold stocks shining bright

Evolution Mining shares join Rio Tinto and BHP shares in smashing new 52-week-plus highs today.

Shares in the ASX 200 gold stock are up 4% at the time of writing, trading for $12.74 each.

As with Rio Tinto, this also marks a new record high for Evolution Mining shares. Amid a historic run higher in the gold price (at US$4,275 per ounce, the gold price is up 63% in 2025), and its own mining successes, the Evolution Mining share price is now up an eye-popping 143.5% since this time last year.

Atop those very sizeable gains, the gold miner also trades on a 1.6% fully franked trailing dividend yield.

The post Why Rio Tinto, Evolution Mining and BHP shares just smashed new 52-week highs appeared first on The Motley Fool Australia.

More reading

• 5 things to watch on the ASX 200 on Friday
• ASX mining shares dominate stocks hitting 52-week highs
• Own Rio Tinto shares? Here are the dividend dates for 2026
• RBA watch: Sectors to target and avoid should interest rates rise – Expert
• Here are the top 10 ASX 200 shares today

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

4DMedical Ltd (ASX: 4DX) shares are ending the week with a bang.

At the time of writing, the ASX tech stock is up 13% to $2.30.

This means that the medical technology company’s shares are now up an impressive 380% since the start of the year.

What is 4DMedical?

4DMedical describes itself as a global medical technology company revolutionising respiratory care with advanced imaging and artificial intelligence.

It notes that its patented XV Technology transforms standard scans into rich, functional insights that allow physicians to detect, diagnose, and monitor lung disease earlier and with greater precision.

The ASX tech stock’s expanding software portfolio includes the FDA-cleared XV Lung Ventilation Analysis Software (XV LVAS), CT LVAS, and the ground-breaking CT:VQ solution. The latter is designed to set new benchmarks in cardiothoracic imaging by combining ventilation and perfusion analysis.

Importantly, these solutions have been designed to be delivered seamlessly through a software-as-a-service (SaaS) model, integrating into existing hospital infrastructure, enhancing physician productivity, and enabling more personalised patient care.

Why is this ASX tech stock jumping today?

Investors have been buying the company’s shares today after it announced another cash injection.

According to the release, the ASX tech stock has entered into an option underwriting agreement with Bell Potter. This will see the broker fully underwrite the exercise of the 4DXO listed options on issue, which are exercisable at $1.365 per option and due to expire on 31 December 2025.

Approximately 22.2 million 4DXO options were originally issued, representing approximately $30.2 million in funds if all were exercised.

Under the underwriting agreement, the underwriter will subscribe for shares attributable to any remaining unexercised 4DXO options at expiry. This ensures the full amount of $30.2 million will be received by the company

Taking these funds into account, 4DMedical will have a pro forma cash balance of $63.7 million. Management believes this gives it sufficient capital to execute its CT:VQ commercialisation plans.

4DMedical’s founder-CEO, Andreas Fouras, said:

2025 has been an outstanding year for 4DMedical and our shareholders. We are moving at remarkable speed, and our momentum continues to build. This agreement ensures that we have more than sufficient capital to execute our plans to commercialise CT:VQ and to lead the Company through to profitability. I am excited by our growing traction and look forward to keeping you updated as we advance our strategy of winning key U.S. AMCs as reference sites for CT:VQ.

The post Why is this surging ASX tech stock jumping another 12% on Friday? appeared first on The Motley Fool Australia.

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• Why 4DMedical, Megaport, Meteoric Resources, and Ramelius shares are racing higher today
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Shares in EBR Systems Ltd (ASX: EBR) were trading higher on Friday after the company said it had implanted the first patient in a key clinical trial.

The company told the ASX in a statement that the first patient had been enrolled and implanted in the “totally leadless CRT” study being carried out at the Princess Alexandra Hospital in Brisbane.

Groundbreaking technology

EBR’s key technology is the Wireless Stimulation Endocardially (WiSE) technology, which was developed to eliminate the need for cardiac pacing leads.

The company said in its statement that such leads were “historically the major source of complications, effectiveness and reliability issues in cardiac rhythm disease management”.

It went on to say:

The initial product is designed to eliminate the need for coronary sinus leads to stimulate the left ventricle in heart failure patients requiring Cardiac Resynchronisation Therapy (CRT). Future products potentially address wireless endocardial stimulation for bradycardia and other non-cardiac indications.

The first implant procedure announced to the ASX on Friday was carried out the day before by electrophysiologist Dr Paul Gould.

The company said the new study would build on previous work and potentially open up a much larger addressable market.

Totally Leadless CRT, pairing EBR’s WiSE System with a leadless right ventricle pacemaker, has been previously published, and is already included in the FDA-approved labelling for patients with an existing leadless pacemaker who subsequently develop pacing-induced heart failure and require an upgrade to CRT. The TLC-AU study will build on this previous published experience by treating newly diagnosed heart failure patients requiring CRT. These de novo patients will receive a leadless pacemaker and the WiSE System. De novo patients account for around 75% of the CRT market, meaning this indication has the potential to significantly expand EBR’s total addressable market and establishing WiSE as a potential first-line option for patients requiring CRT.   

EBR president John McCutcheon said it was a significant achievement for the company.

He went on to say:

The first implant in the TLC-AU Study is a significant milestone for EBR, marking our entry into the much larger frontline CRT market. TLC-AU allows us to build on the FDA labelled upgrade indication and generate the evidence needed to position WiSE CRT as a fully leadless alternative for patients requiring resynchronisation therapy. As leadless pacing rapidly becomes standard of care, advancing a totally leadless CRT solution strengthens EBR’s leadership in the next major evolution of heart-failure treatment.

EBR shares were 3.3% higher in early trade at 93.5 cents. The shares have traded as high as $2.08 over the past year and currently are not far off their 12-month lows of 86 cents.

The company was valued at $407.3 million at the close of trade on Thursday.

The post Biotech company implants heart device in world first appeared first on The Motley Fool Australia.

More reading

• Morgans thinks this ASX healthcare stock could double!
• Why Domino’s, DroneShield, EBR, and Lendlease shares are pushing higher today

Motley Fool contributor Cameron England 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.

For long-term investors, the best opportunities often come from stocks you can buy, hold, and comfortably ignore for years at a time.

These are businesses with sustainable competitive advantages, strong balance sheets, and exposure to structural trends that should continue playing out well into the 2030s.

With that in mind, if you are building a portfolio today with the intention of not touching it again until 2035, the two buy-rated Australian stocks named below could be worth considering. Here’s what analysts are recommending to clients:

NextDC Ltd (ASX: NXT)

Data is becoming the world’s most valuable resource, and NextDC sits right in the middle of that shift. As Australia’s leading data centre operator, the company provides the mission-critical digital infrastructure that powers cloud computing, artificial intelligence, video streaming, government services, and enterprise applications.

Demand for high-density, high-security data centres is rising rapidly, and NextDC has been investing heavily to expand its footprint across Sydney, Melbourne, Brisbane, and internationally. This includes the recently announced S7 data centre, which will be tenanted by ChatGPT’s owner OpenAI.

If you want exposure to digital infrastructure that is only becoming more essential, NextDC is a strong contender for a true long-term hold. Morgans is bullish and rates it as a buy with a $19.00 price target. This implies potential upside of 40% for investors over the next 12 months.

TechnologyOne Ltd (ASX: TNE)

Another Australian stock that could be a top buy and hold pick is TechnologyOne. Over the past decade, it has quietly become one of the ASX’s most consistent performers, driven by its transition to a sticky, high-margin software-as-a-service (SaaS) business model.

The company builds enterprise software for government, education, local councils, and large organisations. These are sectors that value stability, reliability, and long-term partnerships. Once a customer adopts TechnologyOne’s platform, they tend to stay for the long haul.

Recurring revenue continues to grow strongly, margins remain robust, and the company has barely scratched the surface of its international opportunity. With an exceptionally strong balance sheet and a talented management team, TechnologyOne is the kind of business you can put in a drawer and forget about for years.

By 2035, it is entirely possible the company will be far larger, more global, and still delivering the kind of steady, predictable growth investors love.

Morgan Stanley is positive on the company’s outlook. It has an overweight rating and $36.50 price target on its shares. This suggests that upside of over 30% is possible from current levels.

The post The best Australian stocks to buy today and not check again until 2035 appeared first on The Motley Fool Australia.

More reading

• Buy Australian: ASX stocks positioned to beat global markets next year
• 5 ASX 200 shares I’d buy with $10,000 this week
• Buy, hold, sell: Bapcor, Guzman Y Gomez, and NextDC
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• The ASX stocks I think could define the next decade of growth

Motley Fool contributor James Mickleboro has positions in Nextdc and Technology One. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Technology One. The Motley Fool Australia has recommended Technology One. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Xero Ltd (ASX: XRO) shares are edging higher today.

Shares in the $19 billion S&P/ASX 200 Index (ASX: XJO) business and accounting software provider closed yesterday trading for $113.36. In morning trade on Friday, shares are changing hands for $113.57, up 0.2%.

For some context, the ASX 200 is up 0.8% at this same time.

As you may know, Xero shares have come under heavy selling pressure since the ASX 200 tech stock notched a new all-time closing high of $194.21 on 24 June.

But according to Catapult Wealth’s Blake Halligan, that sell-off looks to be short-sighted, with the outlook for growth in 2026 looking promising (courtesy of The Bull).

Should you buy Xero shares today?

“XRO is a global accounting software provider,” said Halligan, who has a buy rating on Xero shares.

“Average revenue per user was up 15% in the first half of (FY) 2026 when compared to the prior corresponding period. EBITDA was up 21%,” he said, citing the first reason the ASX 200 tech stock could be set for a strong rebound.

“Rolling out bank feed connections in the United States will be a tail wind moving forward,” he added.

And the third reason you might want to buy some Xero stock for Christmas is that following the past six months of selling, shares could be trading at a long-term bargain.

“In our view, the recent fall in the share price reflects a short-sighted assessment of revenue and subscriber growth rates,” Halligan said.

“The US payments opportunity is significant, and any signs of successful execution and acceleration in growth will drive a meaningful re-rate,” he concluded.

What’s happening with the company’s US expansion?

As Halligan mentions, Xero shares could garner significant longer-term support from the company’s growth ambitions in the world’s largest economy.

At Xero’s half-year results release on 13 November, the company stated:

In June, Xero announced it had agreed to acquire Melio, a leading US SMB bill pay platform that seamlessly enables customers to manage their cash flow by offering SMBs and their advisors easy-to-use accounts payable (A/P) workflows and a wide choice of payment methods.

That acquisition was completed in mid-October, which the company said now gives it an opportunity to accelerate integration and deliver value for its US customers sooner.

Management noted that Melio traded in line with expectations through the first half of FY 2026, achieving underlying revenue growth of 68% to NZ$183 million.

The post 3 reasons to buy Xero shares today appeared first on The Motley Fool Australia.

More reading

• Insiders are buying Xero and these ASX shares this month
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• Buy, hold, sell: Medibank, Qantas, and Xero shares
• Stocks to target for a tech rebound in 2026

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

The Austal Ltd (ASX: ASB) share price is on watch after the company’s securities were temporarily paused on the ASX pending an announcement, with investors eager for clarity on the next steps.

What did Austal report?

• Trading in Austal shares has been paused by the ASX as of 12 December 2025
• No financial results or operational updates were provided in the announcement
• Investors are awaiting further information from the company
• No updates regarding dividends or forward guidance were included

What else do investors need to know?

The ASX has placed Austal shares into a temporary trading halt. This means investors won’t be able to buy or sell shares until a further announcement restores trading.

ASX trading halts are not uncommon and can happen for various reasons, including expected news or to maintain fair and orderly trading. Investors should keep an eye out for updates from Austal on the reason for the pause.

Austal share price snapshot

Over the past 12 months, Austal shares have risen 123%, outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen 3% over the same period.

View Original Announcement

The post Austal shares paused pending further announcement appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart 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. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

I think it can be useful for investors to keep an eye on which shares have experienced meaningful insider buying.

That’s because insider buying is often regarded as a bullish indicator, as few people know a company and its intrinsic value better than its directors. If they are buying, it could be a sign that they are confident in the direction the company is heading and see value in its shares.

With that in mind, listed below are a few ASX shares that have reported meaningful insider buying recently. They are as follows:

Bendigo and Adelaide Bank Ltd (ASX: BEN)

A change of director’s interests notice reveals that this regional bank’s chair has been buying shares in December. According to the notice, independent chair, Vicki Carter, snapped up a total of 4,933 Bendigo and Adelaide Bank shares last week through an on-market trade on 4 December.

Carter paid an average of $10.13 per share, which equates to a total consideration of $49,971.29. This purchase boosted the chair’s holding to a total of 38,849 shares.

Bendigo and Adelaide Bank shares are down 21% over the past 12 months. The majority of this can be attributed to the release of the results of an investigation by Deloitte into suspicious activity.

The investigation, which was initiated by the bank, concluded that deficiencies existed regarding the bank’s approach to the identification, mitigation and management of money laundering (ML) and terrorism financing (TF) risk.

Chalice Mining Ltd (ASX: CHN)

Another change of director’s interests notice shows that one of this mineral exploration company’s non-executive directors has been buying shares this week.

On Wednesday 10 December, Richard Hacker paid a total of $99,566.34 to acquire 59,862 Chalice shares through an on-market trade. This represents an average of approximately $1.66 per share.

This lifted Hacker’s shareholding (indirect and direct) to over 1.3 million shares. He also has a large number of unlisted options, which are out of the money at present, and performance and retention rights.

Xero Ltd (ASX: XRO)

Finally, a non-executive director at Xero has taken advantage of recent share price weakness to load up on its shares.

A notice reveals that Dale Murray has bought 1,286 Xero shares through an on-market trade on 11 December. Murray paid an average of $115.30 per share, which represents a total consideration of $148,275.80.

This increased the non-executive director’s shareholding to a total of 2,719 shares.

The post Insiders are buying Xero and these ASX shares this month appeared first on The Motley Fool Australia.

More reading

• Opportunity knocks? Broker ratings on 4 ASX shares at 52-week lows
• Why Chalice Mining, Predictive Discovery, Premier Investments, and St Barbara shares are sinking today
• When a top ASX stock falls 30%, it gets my attention. Here’s why
• Down 20% since November, are Bendigo Bank shares now a buy?
• 3 ASX shares down 20% to 40% in 2025: Why analysts say you should hold on

Motley Fool contributor James Mickleboro has positions in Xero. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Xero. The Motley Fool Australia has positions in and has recommended Bendigo And Adelaide Bank and Xero. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The National Storage REIT (ASX: NSR) share price is in focus today after the company announced an estimated fully franked interim dividend of 6 cents per stapled security for the second half of 2025.

What did National Storage REIT report?

• Estimated fully franked interim dividend of 6 cents per stapled security for the period 1 July 2025 to 31 December 2025
• Dividend record date: 31 December 2025
• Dividend payment date: 20 February 2026
• Further dividend details to be provided in Appendix 3A.1 (estimate)
• Withdrawal of all previous earnings guidance in light of recent scheme announcement

What else do investors need to know?

National Storage REIT has withdrawn all prior guidance announcements following the scheme announcement, meaning investors should not rely on earlier outlook statements. The company advised that more detail on the estimated dividend will be released via an Appendix 3A.1 estimate.

National Storage continues as the largest self-storage provider in Australia and New Zealand, operating over 290 storage locations for both residential and commercial customers.

What’s next for National Storage REIT?

Investors can expect a more detailed dividend estimate once the company lodges its Appendix 3A.1. The withdrawal of guidance points to the uncertainty pending the outcome of the recent scheme announcement—shareholders may wish to keep an eye out for further updates.

The company will continue managing its large portfolio across Australia and New Zealand through the anticipated transition period, aiming to maintain stable service and performance.

National Storage REIT share price snapshot

Over the past 12 months, National Storage REIT shares have risen 18%, outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen 3% over the same period.

View Original Announcement

The post National Storage REIT declares estimated dividend and updates investors appeared first on The Motley Fool Australia.

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• Dexus launches new fund and lifts DREP2 equity in latest earnings update
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• Here are the top 10 ASX 200 shares today

Motley Fool contributor Laura Stewart 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. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

When it comes to infrastructure shares, stability and a long-term focus are often what investors like to see, and Dalrymple Bay Infrastructure Holdings (ASX: DBI) has that in spades.

The company has a 99 year lease over the Dalrymple Bay Terminal in Queensland, which it has expanded in seven expansion plans over the years to a capacity of 84.2 million tonnes of coal exports from the Bowen Basin per annum.

 As the company says on its website:

DBT services mines in the Bowen Basin, a 60,000 square km region in central Queensland that is the world’s largest metallurgical coal export region. Metallurgical coal is used for steel production. DBT supports mines in the Bowen Basin to provide a reliable supply of metallurgical coal to steel producers in export markets. DBT is the lowest cost multi-user export pathway for mines located in the central area of the Bowen Basin on average.

Debt refinanced on better terms

The company earlier this week announced it had refinanced $1.07 billion of its debt, using the money to pay off older debt facilities and close some down entirely.

Dalrymple Bay said this week:

The decision to implement the refinancing is part of Dalrymple Bay’s proactive approach to managing its debt portfolio. The reduced debt pricing currently available to Dalrymple Bay in the market created the opportunity to refinance the more expensive and less flexible USPP notes.

The company said the refinancing would deliver reduced interest costs of about $75 million out to 2030.

Further share price upside

The team at Macquarie have run the ruler over the new debt package and like what they see, with an outperform rating on Dalrymple Bay shares.

The Macquarie analysts said they calculated the cash flow impact of the refinancing to be about $15 million per year over the next five years, potentially adding 3 cents to the company’s dividend.

The analysts had this to say about the company:

We think Dalrymple Bay Infrastructure is a unique investment with dividend growth of 5% and a valuation EV/EBITDA multiple of 13x, which is below comparable port multiples.

Macquarie has a 12-month price target of $5.33 on Dalrymple Bay shares, compared with the closing price of $4.54 on Thursday.

Once dividends are factored in, this would equate to a total shareholder return of 23% over a one year period if that share price were achieved.

Dalrymple Bay was valued at $2.4 billion at the close of trade on Thursday.

The post Trading near its record high, Macquarie thinks this infrastructure play has even further to go appeared first on The Motley Fool Australia.

More reading

• Here are the top 10 ASX 200 shares today
• Up 40% in a year, why Macquarie expects this ASX 200 dividend stock to keep outperforming in 2026
• Dalrymple Bay Infrastructure locks in $1.07 billion refinancing and lower debt costs
• Dalrymple Bay Infrastructure shares: terminal update and capacity outlook
• Here are the top 10 ASX 200 shares today

Motley Fool contributor Cameron England 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.