Dividend Shares
Rural Funds (ASX:RFF) share price rises on FY23 result, despite higher interest rates
The Rural Funds Group (ASX:RFF) share price has risen as the market responds to its FY23 result and FY24 guidance.
August 24, 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 Rural Funds Group (ASX:RFF) share price has risen as the market responds to its FY23 result and FY24 guidance.
The Qantas Airways Limited (ASX:QAN) share price is facing the market after the FY23 result release and news of ordering more aircraft.
The Medibank Private Ltd (ASX:MPL) share price is in focus after reporting its FY23 result, which showed growth and revealed cyber costs.
I’d rate a number of ASX dividend shares as great opportunities right now because of the value and yields on offer.
The Corporate Travel Management Ltd (ASX:CTD) share price dropped 7% after reporting its FY23 result. Does it now look like a good buy?
The Woolworths Group Ltd (ASX:WOW) share price is up more than 4% after giving its FY23 result and providing a promising trading update.
The WiseTech Global Ltd (ASX:WTC) share price is down over 17% after revealing an impressive FY23 result that wasn’t enough for investors.
The Domino’s Pizza Enterprises Ltd (ASX:DMP) share price is in focus as the food business announced its FY23 result.
The Altium Limited (ASX:ALU) share price has jumped 27% after the ASX tech share revealed a very impressive FY23 result.
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