The week ahead contains some key events to look out for including AGMs and the release of interim results. Some of the shares investors should keep a close eye on this week include:
Super Retail Group Ltd (ASX: SUL) is holding their annual general meeting (AGM) on Monday. The auto and sporting goods retailer announced in August that its FY 2017 revenue increased by 2% to $2,466 million and net profit after tax was up by 62% to $102 million. Investors will be keen to monitor how SUL competes when Amazon arrives in Australia.
New Hope Corporation Limited (ASX: NHC) shares go ex-dividend on Monday. Last month, the company announced a final dividend of 6 cps (full year dividends of 10 cps). Its shares currently trade at a 4.9% dividend yield.
Bega Cheese Ltd (ASX: BGA) has their annual general meeting (AGM) on Tuesday. The Bega Cheese share price has been trading higher in recent times following the $460 million acquisition of Mondelez’s Australian grocery business which includes the iconic Vegemite brand.
Mortgage Choice Limited (ASX: MOC) has their AGM on Wednesday. Investors continue to monitor developments in the Australian housing market and how they may affect brokers like Mortgage Choice. The Australian Securities and Investments Commission recently called out brokers as being responsible for sourcing the vast majority of interest only loans.
Bellamy’s Australia Ltd (ASX: BAL) has its AGM on Thursday. Its shares have been upgraded recently by brokers such as Citi.
Challenger Ltd (ASX: CGF) also has its AGM on Thursday. Annuity sales continue to rise and Challenger is expected to benefit from the long term trend of an ageing Australian population.
Macquarie Group Ltd (ASX: MQG) announces its 1H18 results on Friday. The company has previously indicated that it expects profit growth for the first half as it affirmed that full-year earnings are on track to come close to another record performance.
Qantas Airways Limited (ASX: QAN) has its AGM on Friday. The Qantas share price has been flying in recent times after the company announced it is looking to buy more Dreamliner 787s and plans to fly the new Boeing aircraft from Brisbane to New York via Los Angeles by the second half of next year. This is part of the company’s ultra long-haul strategy.
This company’s dividend is almost the stuff of legends. Since it started paying dividends in 2007, it has increased its payout to shareholders every single year, a run that includes 21 consecutive dividend increases.
Based on the last 12-months of dividends, its shares are currently offering a fully-franked 4.8% yield, which grosses up to almost 7% when those franking credits are included.
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Motley Fool contributor Kevin Gandiya owns shares in Macquarie Group Limited. He has no position in any of the other shares mentioned.
You can follow Kevin on Twitter @KevinGandiya.
The Motley Fool Australia owns shares of Challenger Limited and Super Retail Group Limited. 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 Bruce Jackson.