ASX investors looking for dividend income are likely eyeing off Washington H. Soul Pattinson & Co. Ltd (ASX:SOL) and licking their chops. Together with BHP (ASX: BHP), CSL (ASX: CSL) and Commonwealth Bank of Australia (ASX: CBA), “WHSP” has established itself among the best ASX-listed shares for income. Even now, as COVID-19 isolation measures take…
After finishing up 1.9% for the week, taking the recovery to 20% off the market bottom in March, the S&P/ASX 200 (ASX: XJO) looks to open strongly again today.
This week’s pick tends to divide opinion; some love it and some hate it. The company is Australia’s leading investment bank, Macquarie Group. It was founded in 1969 as Hill Samuel Australia, employs over 15,000 people and according to its website, it has delivered a profit over 50 consecutive years. Macquarie was one of the…
In general we are sceptical about capital raisings in Australia, with the ‘private placement’ structure heavily tilted towards investment banks, broking houses (and their clients) and pension funds able to take on outsized allocations.
The S&P/ASX 200 (ASX: XJO) fell on Thursday, taking the US lead to fall 1%, driven primarily by the banking sectors as investors become wary of the need for greater loan provisions.
There are plenty stepping up to criticize industry super funds for their apparently overloaded weight to real assets that can’t be realised or readily valued in a period of market turmoil.
The S&P/ASX 200 (ASX: XJO) rose on Tuesday and is expected to rise again today following US markets.
Investors who are relying on bank stocks for dividends may need to look elsewhere as new measures mean they are likely to miss out on the equity income.
With investors desperately searching for strategies that have held up in the COVID-19 crash, the Cor Capital Fund is one that stands out, with a return for the March quarter of 0.47 per cent, net of fees – and a rise in April, at time of writing, of 2.75 per cent.
The Afterpay (ASX: APT) share price has jumped at the open after the buy now, pay later company gave a COVID-19 update. The share price is up 9 per cent in early trading.
