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20 May, 2021 Author Ranina SanglapRehan Ahmad
The ongoing earnings recovery at Australia s major banks may gather steam as the economy bounces back from its first recession in 30 years and global demand for commodities such as iron ore, copper and natural gas rises.
Three of Australia s major banking groups reported improved cash earnings for the fiscal first half ended March 31, helped by the country s economic recovery from the COVID-19 pandemic and lower notable charges. Australia and New Zealand Banking Group Ltd., Westpac Banking Corp. and National Australia Bank Ltd. all said that credit impairment writebacks boosted their profits in the period.
The 6-bagger ASX share that I now regret selling: fundie 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 top ASX dividend shares rated as buys
James Mickleboro | May 19, 2021 8:51am |
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Are you looking for some excellent ASX dividend shares to add to your income portfolio?
Then you might want to take a look at the ones listed below. Here’s what you need to know about these dividend shares:
The first ASX dividend share to look at is Accent Group. This retail conglomerate is primarily focused on the footwear market and owns a number of popular store brands. Among its portfolio are retailers HypeDC, Platypus, and The Athlete’s Foot.
Accent has been growing its earnings and dividends at a solid rate in recent years. This has been driven by a combination of new store brand launches, the expansion of its existing footprint, and strong sales in-store and online.
IN THIS ISSUE
A Win for Deal Certainty, Delaware Court of Chancery Orders Closing of Cake Supplier Acquisition; Under Armour to Pay $9M to Settle SEC Charges Involving Disclosure Failures; First Circuit Upholds Decision Applying Federal Securities Laws to Solicitation of Foreign Investors; Delaware Court of Chancery Applies Business Judgment Rule in Dismissing Buyout Action Against Icahn.
On April 30, 2021, in
Snow Phipps Group, LLC v. KCake Acquisition, Inc. (Del. Ch.), Chancellor Kathaleen S. McCormick issued an order compelling affiliates of Kohlberg & Company, LLC to close their planned $550 million acquisition of DecoPac Holdings Inc., a supplier of cake decorations and technology for use in supermarket bakeries. Opening with a quote from Julia Childs (“A party without cake is just a meeting”), the court describes the decision as a “victory for deal certainty” and offers a detailed analysis of several common contractual provisions, and their operation, during the