ASX Growth Shares
Adairs (ASX:ADH) reveals impressive growth in FY20 result
Adairs Ltd (ASX:ADH) has announced impressive growth in its FY20 result today despite the COVID-19 store closures.
August 10, 2020
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.
Adairs Ltd (ASX:ADH) has announced impressive growth in its FY20 result today despite the COVID-19 store closures.
The Redbubble (ASX:RBL) share price is up more than 14% after announcing a trading update to the market for July 2020.
Insurance giant Insurance Australia Group Ltd (ASX:IAG) has announced its FY20 report, there was a big profit decline. The IAG share price is down around 1%.
The REA Group (ASX:REA) share price will be on watch this morning after reporting its result for FY20 which showed a drop of profit and the dividend.
Scentre Group (ASX:SCG) shares are down more than 2% after revealing a preview of its upcoming FY20 half year result to the market.
The Nick Scali Limited (ASX:NCK) share price is going nuts, it’s up 18% after the company reported its FY20 result.
The ResMed Inc (ASX:RMD) profit jumped 40% in its FY20 result due to high ventilator demand. The ResMed share price is expected to open lower.
At today’s share price, is National Australia Bank Ltd. (ASX:NAB) a buy for dividends? It used to be one of the most popular dividend shares on the ASX.
The Pointsbet (ASX:PBH) share price is up this morning after announcing another US win, the NBA team Indiana Pacers.
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