Why are Soul Patts (ASX:SOL) shares surging 9% today? fool.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com.au Daily Mail and Mail on Sunday newspapers.
2 ASX dividend shares with very long dividend growth records fool.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com.au Daily Mail and Mail on Sunday newspapers.
These 3 ASX shares keep growing their dividends for shareholders, including record-holder Washington H. Soul Pattinson and Co. Ltd (ASX:SOL). The post 3 ASX shares that keep growing their dividends every year appeared first on The Motley Fool Australia.
2 ASX 200 shares worth buying for income
Tristan Harrison | March 7, 2021 7:00am |
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There are some businesses in the
S&P/ASX 200 Index (ASX: XJO) that have relatively high dividend yields and a history of increasing those payments for shareholders.
With the Reserve Bank of Australia (RBA) official interest rate at almost 0%, it’s hard to generate any meaningful returns from cash in the bank.
Here are two businesses with a track record of growing dividends:
APA is one of the largest infrastructure shares on the ASX. It owns a vast gas pipeline network around Australia, it reportedly supplies around half of the country’s natural gas.
2 ASX 200 shares that keep growing their dividends
Tristan Harrison | February 11, 2021 2:22pm |
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One of the two businesses in this article announced another increase today:
Magellan is one of the biggest funds management businesses in Australia, with Hamish Douglass at the helm of the investing team.
Whilst the performance fees and performance special dividends can be variable, the ordinary dividend of Magellan continues to climb.
In the result for the first half of FY21, Magellan decided to increase the interim dividend by 5% to 97.1 cents per share.
That dividend was declared with the release of its report. The ASX 200 dividend share showed that average funds under management (FUM) went up 9% to $100.9 billion, with management and service fees revenue up 8% to $311.4 million. Profit before tax and performance fees of the funds management business went up 8% to $256.2 million.