rio tinto

Although more Australian companies are paying dividends in 2023, many have reduced payouts, with the year-to-date total slightly behind 2022’s figures, according to CommSec research. The big miners are leading the cuts, while energy producers are lifting dividends to reflect record high gas prices.

Three of the top four performing companies in the S&P/ASX 100 over the past year operate thermal coal mines, which points to remarkable structural imbalance in the market.

All about the Benjamin’s, market flat but dividends galore, Telstra holds, AMP cuts The ASX200 (ASX: XJO) finished flat on Thursday with Rio Tinto’s (ASX: RIO) massive dividend dragging the stock 6.9% and proving too much for a resilient communications sector (+2.3%) to overcome. It was a broadly positive day with more sectors gaining than losing and reporting season ultimately driving…

Even in ethical and responsible investing, ‘there will always be winners and there will always be losers, not everything is going to win’. They were some of the words of wisdom offered by Mike Murray, Head of Domestic Equities at Australian Ethical. What began as a boutique, niche ethical fund manager has grown into a…

Market records continue, materials weaker, activity grows in IT sector  The ASX 200 (ASX: XJO) added another 0.2% on Tuesday, with the materials sector the biggest detractor, falling 0.1% under the weight of BHP Group (ASX: BHP) and Rio Tinto (ASX: RIO).  The IT sector continues to surge, adding 1.3%, along with the real estate sector which jumped 1% on somewhat…

Tech sell off weighs on ASX, Challenger downgrades earnings, Latitude finally lists The ASX200 (ASX:XJO) moved further from a record close as a weak global lead and a bevy of early earnings updates sent the market 0.7% lower. The only highlight was the telecommunications sector which added 0.2%, with IT and healthcare falling over 1% each as…

Are investors looking at a dividend bonanza in 2021? According to Dr Don Hamson, portfolio manager of the Plato Australian Shares Income strategy, the drought may be coming to an end. According to the one of the leading active income investors in the country, investors in the S&P/ASX 200 index are looking at an improved…

ASX falls late, AGL (ASX:AGL) seeking battery approval, coal prices boosted by floods The ASX200 (ASX:XJO) fell into the close ending 0.1% lower, with the materials sector the biggest detractor falling 1.5%. The selling pressure came after one of the key Chinese smelting cities announced curbs on steelmaking operations as they seek to address environmental concerns. This sent…

“Green-washing” and ESG may have been the most popular words in funds management in 2020, as consumers became more interested in where their capital was being invested and what it was being used to support. An extensive list of events ranging from Westpac’s money-laundering scandal, to Rio Tinto’s sacred-sites explosions and staff under-payments, has challenged…

After being awarded Fund Manager of the Year for 2020, you could be forgiven for expecting Pendal to rest on its laurels and cruise into the Christmas break. Yet following a year of turmoil and change the group has flagged a number of enhancements to its growing stable of funds, particularly around ESG and ethical…