Bapcor Ltd (ASX: BAP) was originally called Burson Group. Today. Bapcor is a specialist auto parts business but what most consumers don’t know is that Bapcor is more than a retailer of spare parts. Its bread and butter is ‘trade services’. For example, when you get your car serviced by a mechanic, the mechanic doesn’t store all of the parts for the make and model of your car in their shop. Instead, they rely on a nearby distributor like Burson’s who can deliver the exact parts within a matter of hours.
If you’re at the stage in your life where you’re living off the income from your investments, you’d want to make sure the dividends are pretty safe.
With many experts and investors worried about a recession and obsessing over an inverted yield curve, what can you invest in to protect your wealth during a downturn?
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.24% at lunch.
Bapcor Ltd (ASX:BAP) has reported its half year result to 31 December 2018.
I wouldn’t be surprised if the Bapcor Ltd (ASX:BAP) share price hit $7.
A couple of weeks ago, National Australia Bank Ltd (ASX:NAB) paid out its huge half yearly dividend.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.30% at lunch.
Bapcor Ltd (ASX:BAP) released its 2018 financial results to the market today revealing a 48% increase in net profit.
Here are the headlines from the S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO) and Australian finance circles on Wednesday morning.
