ASX 200 dividend shares had a rollercoaster day on Wednesday as the S&P/ASX 200 Index (ASX: XJO) closed 0.86% lower at 5,206.90 points.
It wasn’t all bad news yesterday as investors took in a lot of news. There’s evidence Australia is flattening the coronavirus curve and we saw the $130 billion JobKeeper stimulus program pass through the House of Representatives.
Here are 3 ASX 200 dividend shares that climbed higher on an up and down day for the Aussie share market.
3 ASX dividend shares that rocketed yesterday
Scentre Group (ASX: SCG) shares rocketed 7.43% higher yesterday in some good news for shareholders. The retail REIT has been one of the ASX 200 dividend shares under real pressure in 2020.
However, a new code of conduct for commercial real estate tenants and landlords is providing some clarity for Scentre. There’s also talk of easing restrictions if the spread of COVID-19 can be contained.
That’s good news for Scentre, which operates the famous Westfield chain across Australia and New Zealand. Scentre shares are yielding 10.22% right now. However, I think the nature of the pandemic means that will be cut in 2020, but it could still be a long-term buy.
Even still, I think Scentre will be one of those ASX 200 dividend shares bouncing back in 2021.
The SEEK Limited (ASX: SEK) share price jumped 4.29% to $15.80 on Thursday. That’s good news given the Aussie employment services group has been under pressure in 2020.
Seek shares are down 30% in 2020, given most companies aren’t looking to hire right now. However, if we start to see restrictions rolled back sooner rather than later, that could be good news for Seek.
Employers will need to hire staff if they are to ramp up operations after the pandemic. That could put the ASX 200 dividend share back in the buy zone in 2020.
JB Hi-Fi Limited (ASX: JBH) shares were another on the climb yesterday. The Aussie retailer’s shares jumped 3.30% to $31.63 at the market close. I still think JB Hi-Fi could benefit from strong home office and entertainment sales in 2020.
The ASX 200 dividend share was on the rise yesterday and investors seem to be positive about an earnings turnaround in 2020.
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 its 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.
Motley Fool contributor Ken Hall has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Scentre Group and SEEK 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 Scott Phillips.