If you’re wanting to beat low interest rates in 2021, then you might want to look at the dividend shares listed below.
They offer investors attractive yields that are vastly superior to term deposits and savings accounts. Here’s what you need to know about them:
Aventus Group (ASX: AVN)
Aventus is a leading owner, manager, and developer of retail parks. It has a portfolio of 20 centres valued at $2.2 billion and featuring a diverse tenant base of 593 quality tenancies. From these tenancies, national retailers represent 87% of its total portfolio.
The company also has overweight exposure to the household goods sector and everyday needs. This has been a big positive during the pandemic, allowing Aventus to collect rent largely as normal in FY 2021. This led to Aventus reporting a 6.5% increase in funds from operations (FFO) to $55.9 million during the first half.
One broker that is a fan of Aventus is Goldman Sachs. It currently has buy rating and $3.06 price target on its shares. The broker is also forecasting a 16.6 cents per share full year dividend in FY 2021. Based on the latest Aventus share price of $2.92, this represents a generous 5.7% dividend yield.
Super Retail Group Ltd (ASX: SUL)
Another ASX dividend share to look at is Super Retail. This retail conglomerate has been a big winner from the redirection in consumer spending during the pandemic.
And with international travel off the cards for some time to come, it appears well-placed to benefit from higher than normal demand across its brands.
This certainly has been the case in FY 2021. Super Retail recently released a trading update which revealed that like-for-like sales were up 28% during the first 44 weeks. Positively, management also revealed that its gross margin had remained steady since the end of the half. This should mean even stronger profit and dividend growth.
Goldman Sachs is positive on Super Retail. It has a buy rating and $15.00 price target on its shares. The broker is also forecasting an 84 cents per share fully franked dividend in FY 2021. Based on the current Super Retail share price of $12.72, this represents a 6.6% yield.
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Returns As of 15th February 2021
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