3 ASX shares to buy in May 2021
Tristan Harrison | May 1, 2021 10:37am |
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May 2021 could be a good month to find ASX shares that are growing and could deliver good returns.
But the valuations have to make sense too. No business is a buy at any price.
These options may be good long-term ideas:
This is one of the largest discount retailers in Australia.
The ASX retail share is well liked by brokers that cover it. For example, Morgan Stanley rates it as a buy with a price target of $10. That implies a potential return of over 60% during the next 12 months. But there’s no guarantee of that.
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Some ASX dividend shares are top ideas for income. They are capable of producing much bigger payments to investors than what someone can get from the bank in interest.
It’s a good idea to make sure that the price you pay for a dividend share is good value, just like buying any other investment.
These two have compelling income potential:
Premier Investments has a forecast grossed-up dividend yield of 5.1% for FY21 according to Commsec.
This business is the owner of numerous retail brands including Peter Alexander, Smiggle, Just Jeans, Jay Jays and so on. It also has a sizeable stake of appliance business
3 ASX dividend shares with BIG yields
Tristan Harrison | March 17, 2021 5:25pm |
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There are a few ASX dividend shares out there with much higher dividend yields than most of the market.
High yield businesses come with the normal points of risks and rewards. Plenty of high yield dividends may not stay high yield forever.
These businesses currently have a high dividend yield for shareholders:
Nick Scali is an ASX dividend share that is now paying a much bigger payout than a few years ago. The FY21 interim dividend payout was the same size as the entire payout in FY18.