
Result: BKI (ASX:BKI) cuts FY20 dividend
Listed investment company (LIC) BKI (ASX:BKI) has reported its result for the 2020 financial year. The report included a dividend cut to investors.
Big money is not in the buying or selling, but in the waiting.
Charlie Munger
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.
Listed investment company (LIC) BKI (ASX:BKI) has reported its result for the 2020 financial year. The report included a dividend cut to investors.
I think WHSP (ASX:SOL) is a solid ASX share for all of the COVID-19 uncertainty. I’d be pleased to buy shares today for a number of reasons.
The Pointsbet (ASX:PBH) share price is up around 2.5% after making an announcement about another win in the United States.
BWX (ASX:BWX) announces FY20 update, capital raising
The Objective Corporation (ASX:OCL) share price is going bananas, it’s up 7% this morning after it released a trading update about FY20.
Origin (ASX:ORG) reveals FY20 charges costing over $1 billion due to commodity prices, the impacts of the COVID-19 pandemic and a shift to renewables.
The Afterpay (ASX:APT) share price is up more than 2% after announcing a US update to the market.
Woodside Petroleum (ASX:WPL) has announced a profit hit of US$4.37 billion, largely due to impairments.
A2 Milk (ASX:A2M) may be one of the best shares on the ASX. I think there are at least three reasons to love it.
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