Treasury Wine Estates Limited (ASX: TWE)
- The company was trading at a market price of $19.410 and has seen a daily price change of $0.830 or a percentage change of 4.5% as at August 16, 2018. The stock has seen a performance change of 48.40% over the past 12 months. The company reported FY18 net profit after tax growth of 34% at $360.3 million. The reported earnings per share is of 49.7 cents per share which is up by 36%. The final dividend is of 17 cents per share which is fully franked and FY18 full year dividend is of 32 cents per share which is up by 23%. The group basically benefitted from its Asian Operations.
OZ Minerals Limited (ASX: OZL)
under the metals and mining sector is an Australian based modern mining company with a focus on copper. The company was trading at a market price of $8.99 and has seen a daily price change of $0.04 or a percentage change of 0.45% as at August 16, 2018. The stock has seen a performance change of 3.59% over the past 12 months. The company has signaled that its growth projects will not compromise returns to shareholders and it will pay a sustainable dividend out of its pre-growth cash-flow.
The miner reported an underlying profit of $133.7 million which was slightly better than the analysts had expected i.e. of $131 million for the June half year. The company also recorded a net profit after tax of $127.8 million which was 59% higher than the $80.6 million recorded in corresponding period of last year. This improvement was primarily driven by an 18 percent rise during the six months to June 30 in received copper prices. There were incremental gains in terms of production for OZL.
Telstra Corporation Limited (ASX: TLS) -
The company was trading at a market price of $3.06 and has seen a daily price change of $0.17 or a percentage change of 5.88% as at August 16, 2018. The stock has seen a performance change of -31.15% over the past 12 months. Due to the shrinking margins on the National Broadband Network and intense mobile competition, the giant telecom player’s earnings after its full year profits slipped.
Compared with nearly $3.9 billion in the previous year, Telstra reported net profit of $3.5 billion for FY18, which is 8.9 per cent lower. The company’s fixed EBITDA dropped 34.6 percent, while Telstra quoted that the income in the current financial year will be in between $26.5 billion and $28.4 billion and EBITDA is expected between $8.8 billion and $9.5 billion.
Dividend Stocks To Buy
The Income available from dividends remains attractive for many investors.
We take a look at the best yields on the market and assess what they say about a company’s prospect.
One Thing is certain, though, Australia interest rates are still low, making income difficult to come by and keeping the focus for many investors on high yielding stocks. Kalkine’s team of analysts bought you handpicked report for “Top 25 Dividend Stocks For 2018.”
ASX-relevant Special Reports are published year-round to provide a detailed analysis into an investing opportunity or a potential risk to your portfolio.
Click here to get your free report.
The advice given by Kalkine Pty Ltd and provided on this website is general information only and it does not take into account your investment objectives, financial situation or needs. You should therefore consider whether the advice is appropriate to your investment objectives, financial situation and needs before acting upon it. You should seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) as necessary before acting on any advice. Not all investments are appropriate for all people. Kalkinemedia.com and associated websites are published by Kalkine Pty Ltd ABN 34 154 808 312 (Australian Financial Services License Number 425376). website), employees and/or associates of Kalkine Pty Ltd do not hold positions in any of the stocks covered on the website. These stocks can change any time and readers of the reports should not consider these stocks as advice or recommendations.