Magellan Financial Group Ltd (ASX:MFG) is a funds management business that largely invests in international shares like Facebook and Visa. It was set up in 2006 by Hamish Douglass and Chris Mackay. Since inception, Magellan claims it has been one of the most consistent market outperformers after fees.
The Magellan Financial Group Ltd (ASX:MFG) share price went up 5% yesterday, likely due to one of its investments.
Need some more ideas for dividend-paying ASX shares? Here are two I think are worth considering right now.
I think there are wonderful ASX shares that we can buy for our portfolios. I’m going to write about three of them in this article.
Dividend-paying stocks might be a good pick if growth stocks underperform in 2021. Here are two ASX stocks I’d be happy to add to an income portfolio: Magellan (ASX:MFG) and Sonic (ASX:SHL).
ASX 200 (ASX:XJO) shares can be a really good place to look for dividends. I think some ASX 200 dividend shares are worth owning for income.
The S&P/ASX 200 (ASX:XJO) is down another 1% today. It may be falling on more worries about inflation and interest rates, or perhaps because of COVID-19 cases spiking.
The Magellan Financial Group Ltd (ASX:MFG) share price is down after the fund manager gave its monthly FUM update for February 2021.
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The ASX 200 (ASX:XJO) is set to open lower following another weak session for US tech stocks overnight. Challenger (ASX:CGF) and AMP (ASX:AMP) shares are in the news.