Consumer staples
Metcash (ASX:MTS) share price rises on mixed HY24 result, big dividend
The Metcash Ltd (ASX:MTS) share price is up 2% after the company announced its FY24 half-year result with a solid dividend.
December 4, 2023
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 Metcash Ltd (ASX:MTS) share price is up 2% after the company announced its FY24 half-year result with a solid dividend.
The Tuas Ltd (ASX:TUA) share price has jumped 7% after the Asian ASX telco share gave an AGM update revealing more strong growth.
ASX dividend shares can always be a good investment because of the cash they send to shareholders every year.
The Origin Energy Ltd (ASX:ORG) share price is lower after giving the latest update regarding the transfer saga.
The Fisher & Paykel Healthcare Corporation Ltd (ASX:FPH) share price has jumped after the company reported its FY24 first half result.
The Temple & Webster Group Ltd (ASX:TPW) share price has jumped 15% after the business revealed an astonishing FY24 trading update.
The Collins Foods Ltd (ASX: CKF) share price has jumped after reporting its FY24 first-half
The Gentrack Group Ltd (ASX:GTK) share price is in focus after reporting its FY23 result and upgrading its revenue guidance for FY24.
The QBE Insurance Group Ltd (ASX:QBE) share price is higher after giving its quarterly update for the three months to September 2023.
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