If you’re looking to overcome low interest rates, then you might want to look at the dividend shares listed below.
Both offer investors attractive yields that are vastly superior to anything you’ll find with term deposits and savings accounts. Here’s what you need to know about them:
Aventus Group (ASX: AVN)
The first ASX dividend share to look at is Aventus. It is a leading owner, manager, and developer of retail parks with a portfolio of 20 centres valued at $2.2 billion.
At the last count, the company had a diverse tenant base of 593 quality tenancies, with national retailers representing 87% of its total portfolio. This exposure to national retailers, and particularly household goods and everyday needs, has been a big positive over the last 12 months. These retailers have been performing positively, allowing Aventus to continue to grow its funds from operations.
One broker that expects this solid form to continue is Morgans. It currently has an add rating and $3.12 price target on its shares.
Morgans is also forecasting distributions of 17.4 cents per share in FY 2021 and then 17.7 cents per share in FY 2022. Based on the latest Aventus share price, this represents 5.7% and 5.8% yields, respectively.
Super Retail Group Ltd (ASX: SUL)
Another ASX dividend share that has been tipped to provide investors with generous yields is Super Retail. It is the retail conglomerate behind brands including BCF, Rebel, and Supercheap Auto.
Super Retail has been a strong performer in FY 2021 thanks to a favourable redirection in consumer spending away from international travel onto cars, camping, and sportswear. 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 in FY 2022 as well.
Goldman Sachs is positive on Super Retail. The broker currently has a buy rating and $15.00 price target on its shares. Goldman is forecasting an 84 cents per share fully franked dividend in FY 2021. Based on the current Super Retail share price, this represents a 6.5% yield.
The post These ASX dividend shares have generous yields appeared first on The Motley Fool Australia.
These Dividend Stocks Could Be Your Next Cash Kings (FREE REPORT)
Motley Fool Australia’s Dividend experts recently released a brand-new FREE report revealing 3 dividend stocks with JUICY franked dividends that could keep paying you meaty dividends for years to come.
Our team of investors think these 3 dividend stocks should be a ‘must consider’ for any savvy dividend investor. But more importantly, could potentially make Australian investors a heap of passive income.
Don’t miss out! Simply click the link below to grab your free copy and discover these 3 high conviction stocks now.
Click Here For Your Free Stock Report
Returns As of 15th February 2021
More reading
- 2 quality ASX dividend shares rated as buys
- 2 excellent ASX dividend shares for income investors
- 2 high yield ASX dividend shares rated as buys
- Could these ASX shares be dirt cheap right now?
- 2 high yield ASX dividend shares for income investors
James Mickleboro does not own any shares mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Super Retail Group Limited. The Motley Fool Australia has recommended AVENTUS RE UNIT. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.
from The Motley Fool Australia https://ift.tt/3xu9bNs
Leave a Reply