The Motley Fool

3 ASX 200 dividend shares that rocketed yesterday

It was a mixed day for ASX dividend shares as the S&P/ASX 200 Index (ASX: XJO) closed 0.65% lower yesterday.

Here are a few of the ASX 200 dividend-paying companies that climbed in value yesterday.

3 ASX 200 dividend shares that climbed yesterday

Computershare Limited (ASX: CPU) was one ASX 200 share that rose yesterday. Computershare is a Melbourne-based share transfer company that provides trust, transfer and employee share plan services. 

The Computershare share price rocketed 8.17% higher to $10.99 yesterday. Despite the strong gains, Computershare still boasts a dividend yield of 4.19% right now.

The ASX 200 group updated its FY20 earnings guidance and reported management earnings per share to be down 20%, compared to the 15% estimate from 11 March.

That was good enough for investors who bought up big on the ASX dividend share yesterday.

The Northern Star Resources Ltd (ASX: NST) share price was another that was climbing higher on Tuesday. The ASX 200 gold miner rocketed 7.53% higher yesterday as investors flocked to safety.

I’m not surprised to see gold shares climb higher on a day that the S&P/ASX 200 Index fell lower. Investors want safety as coronavirus concerns grow and gold is seen as the safest asset bar cash in a downturn.

Pro Medicus Limited (ASX: PME) was another ASX dividend share climbing higher on Tuesday, rising by 7.16%. Pro Medicus shares are now up 40.43% over the past year.

That means the Aussie medical group is strongly outperforming many of its ASX 200 peers right now. In fact, the ASX dividend share is up more than 1,300% in the past 5 years, and could be back in the buy zone.

Foolish takeaway

All 3 ASX dividend shares surged higher despite the benchmark index slumping lower. I think this bear market will continue to provide buying opportunities and cheap ASX 200 shares.

It can be hard to pick the outperformers, but a diversified portfolio of high-quality companies is a good strategy for building long-term wealth.

NEW. The Motley Fool AU Releases Five Cheap and Good Stocks to Buy for 2020 and beyond!….

Our experts here at The Motley Fool Australia have just released a fantastic report, detailing 5 dirt cheap shares that you can buy in 2020.

One stock is an Australian internet darling with a rock solid reputation and an exciting new business line that promises years (or even decades) of growth… while trading at an ultra-low price…

Another is a diversified conglomerate trading over 40% off it's high, all while offering a fully franked dividend yield over 3%...

Plus 3 more cheap bets that could position you to profit over the next 12 months!

See for yourself now. Simply click here or the link below to scoop up your FREE copy and discover all 5 shares. But you will want to hurry – this free report is available for a brief time only.


Ken Hall has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. recommends Pro Medicus Ltd. The Motley Fool Australia owns shares of and has recommended Pro Medicus 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.