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 Fortescue Metals Group Ltd (ASX:FMG) share price is up 0.5% amid the ASX resources share announcing progress with its green hydrogen plans.
The Magellan Financial Group Ltd (ASX:MFG) share price is down over 14% after the fund manager announced its FUM for September.
The Westpac Banking Corp (ASX:WBC) share price is higher today and could rise over time as the bank sticks around in Asia.
The Fortescue Metals Group Ltd (ASX:FMG) share price is in focus after announcing it has taken an investor role in a hydrogen business.
There are some wonderful exchange-traded funds (ETFs) available for Aussies to buy for diversification and long-term returns.
The Premier Investments Limited (ASX:PMV) share price is up after the company released its FY23 result, showing more impressive growth.
The Brickworks Limited (ASX:BKW) share price is down 7% after announcing a challenged FY23 result, though the dividend increased.
The Washington H. Soul Pattinson and Co. Ltd (ASX:SOL) (WHSP) share price is in focus after the investment stock announced its FY23 result.
ASX dividend shares with solid yields could be attractive in October and beyond if they can deliver passive income and capital growth.
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