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After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more. Tristan’s goal is to help Australians learn about the great businesses listed on the ASX that will help grow their portfolio and wealth over the long term. This strong result led to Magellan’s total dividends for FY20 rising by 16% to 214.9 cents.The ASX 200 fund manager also announced a new series of investment strategies that will utilise Magellan’s investment philosophy and research at a lower cost with diversified portfolios of companies. If we invest and execute well, we can take advantage on improving conditions in the near-term but also a much larger longer-term revenue opportunity.”The SEEK share price dropped 8.6% after suggesting that net profit may only be $20 million in FY21. We are confident our investment and long-term focus is the right approach as SEEK’s revenue opportunity remains large and under-penetrated.

ASX:ADN MCAP $75.91M. At the time of publishing, Owen does not have a financial or commercial interest in any of the companies mentioned. The total FY20 dividend of $2.98 was down 31% compared to FY19.The ASX 200 bank’s net interest margin (NIM) declined by 2 basis points to 2.07%. Within the launch will be a new sustainable/ethical strategy.The business is continuing to make progress towards the launch of a retirement income product. Listings rebounded strongly in July 2020 for the ASX 200 share, which is now into FY21. Each company boasts strong growth prospects over the next 3 to 5 years, and most importantly each pays a generous (and fully franked) dividend! This decline was due to the impact of CBA said that at 31 July 2020, 135,000 of home loans and 59,000 of business loans were still being deferred – that’s 8% and 15% of the respective totals.The bank’s CET1 ratio increased to 11.6%, up 90 basis points from a year ago. Commercial and developer revenue declined 7% with new project commencements down 27%.Media data and other revenue declined by 19% primarily due to lower developer display advertising in line with new project commencement volumes. Our near-term profits will be impacted by COVID-19 but our focus is on executing and investing for the long-term. Find the investing style that's right for you. He’s a keen tennis fan and can’t wait for the next Australian Open to roll around.When investing expert Scott Phillips has a stock tip, it can pay to listen.

Disclosure: Drew Meredith is the author of this post. He’s a keen tennis fan and can’t wait for the next Australian Open to roll around.© 2009 - 2020 The Motley Fool Australia Pty Ltd. All rights reserved.ACN: 146 988 052 | Australian Financial Services Licence (AFSL): 400691 ASX ends at 5-month high; Webjet reports $143.5m loss Vesna Poljak , Robert Guy , Tom Richardson , Sarah Turner , William McInnes and Luke Housego Updated Aug 19, 2020 – 6.22pm , … Webjet Limited ( ASX: WEB ) – Released results after the market closed, revealing a 168% profit fall to a loss of $42.3 million as travel slowed and suffered $110 million in additional costs.

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