市场见解

2 growing ASX dividend shares to buy before it’s too late

Here’s why I think income investors should be buying Bravura Solutions Ltd (ASX:BVS) and this ASX dividend share…
The post 2 growing ASX dividend shares to buy before it’s too late appeared first on Motley Fool Australia. –

piles of coins increasing in height with miniature piggy banks on top

While I think the big four banks are great options for income investors due to their generous yields, I wouldn’t be expecting a huge amount of growth from them in the coming years.

So if you’re looking for growing dividends, you might want to take a look at the shares below. While their yields may not be as large as the banks, I believe they have the potential to grow materially over the 2020s.

Here’s why I would buy these ASX dividend shares:

Bravura Solutions Ltd (ASX: BVS)

I think this leading provider of software products and services to the wealth management and funds administration industries would be a great option for income investors. This is because I’m confident that Bravura is well-placed for growth once the pandemic passes. Especially given its growing portfolio of high quality solutions which have large addressable markets.

The main product in its portfolio is the Sonata wealth management platform. While I expect it to be the key driver of growth in the future, this should be supported by the Rufus transfer agency solution, the Garradin back office solution, and the Midwinter financial planning solution. 

At present, I estimate that it will pay shareholders an 11.5 cents per share dividend in FY 2021. Based on the current Bravura share price, this equates to an attractive 3.3% dividend yield.

People Infrastructure Ltd (ASX: PPE)

Another option to consider buying is People Infrastructure. It is a leading workforce management company which has been experiencing strong demand for its innovative solutions to workforce challenges. This led to the company delivering an impressive 34.5% increase in revenue to $374.2 million and a 53.3% lift in normalised net profit after tax and before amortisation (NPATA) to $18.4 million in FY 2020. 

And while its growth may moderate in FY 2021 because of the pandemic, I believe its strong growth will continue once the crisis passes. In the meantime, I estimate that it will pay shareholders a 9.5 cents per share fully franked dividend in FY 2021. Based on the current People Infrastructure share price, this gives investors an attractive 3.1% forward dividend yield.

These Dividend Stocks Could Be Your Next Cash Kings (FREE REPORT)

Motley Fool Australia’s Dividend experts recently released a brand-new FREE report revealing 3 dividend stocks with JUICY franked dividends that could keep paying you meaty dividends for years to come.

Our team of investors think these 3 dividend stocks should be a ‘must consider’ for any savvy dividend investor. But more importantly, could potentially make Australian investors a heap of passive income.

Don’t miss out! Simply click the link below to grab your free copy and discover these 3 high conviction stocks now.

Click Here For Your Free Stock Report

Returns As of 6th October 2020

More reading

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Bravura Solutions Ltd. The Motley Fool Australia has recommended People Infrastructure Ltd. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The post 2 growing ASX dividend shares to buy before it’s too late appeared first on Motley Fool Australia.

随时随地,交易世界!

移动APP平台,拥有 12 个市场的 50,000 多种全球上市证券(全球市值超过 70%),直接在您的 Android 或 iOS 设备上即可操作。

与独有的交易理念和投资分析工具相结合,帮助您在我们 12 个全球市场中的几乎所有金融工具上找到可操作的见解,从而帮助您优化交易策略。

推荐给您的朋友

向您的朋友推荐Monex并赠予他们免费使用我们交易工具的机会

我们尊重您的隐私,只会向您的朋友发送一封邮件 

与您的朋友分享

Share on facebook
Share on twitter
Share on linkedin

Monex Trading Tools Access and Usage Terms

The Monex Trading Tools (referred to as ‘tools’ hereafter) are available to you inside your client portal;


To activate access to the tools, you must have a verified and approved trading account and have made a deposit of at least AUD $1000.


An active and funded account with a positive trading balance is required to continue to have access to the tools;


Although the tools are available to you indefinitely, Monex Securities may at it’s discretion disable access to the tools in the future;


Monex securities reserves the right to change these terms and conditions from time to time, as it sees fit, without notice.

Important Notice
iOS & Android App - 12 International Markets & Over 70% Global Market Cap. $0 Brokerage On US Trades. Click Here!