Big money is not in the buying or selling, but in the waiting.
For my own portfolio, I like to find ASX shares that are growing their dividends. Growth is an essential part of the dividend equation for me. I want to see that the dividend increases are funded by growing earnings and/or growing underlying asset values. I also have a portion of my portfolio invested in an ETF that picks undervalued global businesses with strong competitive advantages.
For Rask Media, I have an interest in covering technology (and tech-related) businesses with a global growth story, as well as cyclical companies that are cheaply priced because they’re at a low point in the cycle, such as retailers and resource businesses which could benefit strongly in the medium-term.
The BHP Group Ltd (ASX:BHP) share price is in focus after the ASX mining share released its operational update for June 2023.
The Woodside Energy Group Ltd (ASX:WDS) share price is up 1% after the energy ASX share announced a weaker quarterly update for 2023 Q2.
The Rio Tinto Ltd (ASX:RIO) share price is up after the ASX mining share increased its guidance expectations.
The Hub24 Ltd (ASX:HUB) share price is in focus after the ASX fintech share revealed further FUA growth in the FY23 fourth quarter.
The Ansell Limited (ASX:ANN) share price is down 15% after the industrial glovemaker gave a disappointing update.
The IGO Ltd (ASX:IGO) share price is down 5% after the company’s poor update with a hefty asset write-down.
The DroneShield Ltd (ASX:DRO) share price has gone bananas, it’s up 30% after an exciting announcement by the company.
In my eyes, Wesfarmers Ltd (ASX:WES) shares represent one of the best ASX 200 (ASX: XJO) dividend income opportunities.
The Netwealth Group Ltd (ASX:NWL) share price has risen more than 6% after its June update which showed good growth.
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