Sonic Healthcare Dividend Declared as Future Strategy Shifts
Sonic Healthcare Limited (ASX: SHL) has declared a dividend of A$0.44 per share, scheduled for payment on March 20th. This announcement comes with a dividend yield of 3.8%, reflecting the company’s ongoing commitment to providing returns to its shareholders. In recent years, Sonic Healthcare has maintained a high payout ratio, distributing 94% of its earnings…
BHP Continues Copper Investment Push
BHP (ASX: BHP), one of the world’s largest mining companies, is intensifying its search for copper resources. This strategic move is largely driven by the increased demand associated with the global energy transition. However, the company faces the challenge of a shortage of high-quality copper deposits. Copper has become a significant focus for BHP, now…
Rio Tinto Shares Moved Red YTD as Listing Structure Comes Under Focus
Rio Tinto shares (ASX: RIO) moved red year-to-date, down 2.70% as London-based hedge fund Palliser Capital urged the company to allow its Australian shareholders to participate in a vote regarding a resolution for a dual listing. This move comes as part of Palliser’s continued efforts to engage shareholders in significant company decisions. Rio Tinto, a…
Ampol Shares Dip as Strategy Shifts
Ampol’s shares (ASX: ALD) ended the day down 2.57% today, bringing the cumulative 1 year decline to an underwhelming 29.41%. The company, a major player in the Australian oil refining and marketing sector, is experiencing a challenging period due to declining refining conditions. Despite a surge in fuel demand reaching record highs, the company faces…
Wesfarmers’ Dividend Raised as Profits Rise
Wesfarmers’ shares (ASX: WES) have set off 2025 impressively, with gains of 8.68% year-to-date seeing the company to a new all-time-high of $79.43. Today’s 1.33% gain comes as the company reported profits that beat expectations, despite some potential tariff risks on the horizon. The company, a well known retailer of names such as Bunnings and…
ANZ Shares Pull Back For 4th Consecutive Session
The ANZ Group share price (ASX: ANZ) has fallen for the fourth consecutive day, down 6.65% since the start of the week as banks continue to come under some pressure. The stock fell 3.05% on the day, as Westpac, Commonwealth Bank, and National Australia Bank all saw shares fall upwards of 2%. For ANZ, the…
Fortescue Metals Shares (ASX: FMG) Move Red YTD as Margins Narrow
Fortescue Metals shares (ASX: FMG) moved 3.03% into the red year-to-date, as today’s update failed to live up to expectations. The FMG share price ended the day down 6.22% as $18.24, within the range where support was previously found earlier this month. One of the key factors affecting the stock was the company’s reported financial…
A2 Milk Company Shares Gain 26% YTD as Analyst Raises PT
In a recent update by Macquarie, the A2 Milk Company shares (ASX: A2M) received an upgrade from a Neutral to an Outperform rating, with the investment firm expressing confidence in the company’s early-stage performance. Macquarie adjusted their price target for the specialized milk producer to A$7.85, a noteworthy increase from the previous A$5.70 target. Despite…
IAG Shares Down 16%, Can We Expect Support To Step In?
IAG shares (ASX: IAG) have made a sharp pullback since the latest performance update, down 16.33% over the past 5 trading sessions. The share price has found technical support and resistance in the $7.40 region in the past, and hit a low of $7.42 in today’s session before ending the day at $7.53. Whether the…
Westpac Shares (ASX: WBC) Move Red YTD as One-Off Items Impact Profit
Westpac shares (ASX: WBC) have moved into negative territory on a year-to-date basis, down 0.31%, having shed 5.97% over the past 5 trading sessions. The recent dip comes as the banking group released earnings, posting a Q1 profit of A$1.7 billion, reflecting a 9% decline due to specific one-off items. The company’s earnings for the…
