If you’re looking to boost your income portfolio, then you may want to look at the shares listed below.

Here’s why these ASX dividend shares could be worth considering right now:

Dexus Industria REIT (ASX: DXI)

The first ASX dividend share to look at is Dexus Industria. It is an industrial and office focused property company formerly known as APN Industria.

This REIT owns interests in office and industrial properties that provide functional and affordable workspaces for businesses. The fund’s portfolio was last valued at $1.78 billion and aims to provide sustainable income and capital growth prospects for shareholders over the long term.

Morgans is a fan of Dexus Industria and recently put an add rating and $3.65 price target on the company’s shares. It is also forecasting dividends per share of 17.3 cents in FY 2022 and 17.6 cents in FY 2023. Based on the current Dexus Industria share price, this will mean yields of 4.7% and 4.8%, respectively.

National Australia Bank Ltd (ASX: NAB)

Another ASX dividend share to consider is NAB. It could be a quality option for income investors that don’t already have exposure to the banking sector.

The team at Bell Potter is very positive on NAB and was pleased with its first quarter update last week. So much so, the broker retained its buy rating and lifted its price target on the bank’s shares to $32.50.

Following its stronger than expected update, Bell Potter has upgraded its earnings and dividend forecasts. In respect to the latter, the broker is now forecasting fully franked dividends of 136 cents per share in FY 2022 and 140 cents per share in FY 2023.

Based on the current NAB share price of $29.84, this will mean yields of 4.6% and 4.7%, respectively, over the next couple of years.

The post Analysts name 2 excellent ASX dividend shares to buy appeared first on The Motley Fool Australia.

More reading

• Top brokers name 3 ASX shares to buy next week
• Is the NAB (ASX:NAB) share price a buy for the 7% dividend yield?
• Brokers tip NAB (ASX:NAB) share price to storm to a new 52-week high
• 5 things to watch on the ASX 200 on Friday
• Why AMP, AVZ, Megaport, and NAB shares are pushing higher

Motley Fool contributor James Mickleboro has no position in any of the stocks 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 has no position in any of the stocks mentioned. 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/zLIKRbe

On Friday the S&P/ASX 200 Index (ASX: XJO) finished the week in a disappointing fashion. The benchmark index tumbled 1% to 7,217.3 points.

Will the market be able to bounce back from this on Monday? Here are five things to watch:

ASX 200 expected to fall again

The Australian share market looks set to start the week in the red following a selloff on Wall Street on Friday. According to the latest SPI futures, the ASX 200 is expected to open the day 76 points or 1.1% lower this morning. On Wall Street, the Dow Jones fell 1.4%, the S&P 500 dropped 1.9%, and the Nasdaq sank 2.8% lower.

Oil prices storm higher

Energy producers such as Santos Ltd (ASX: STO) and Woodside Petroleum Limited (ASX: WPL) could have a strong start to the week after oil prices stormed higher on Friday. According to Bloomberg, the WTI crude oil price rose 3.6% to US$93.10 a barrel and the Brent crude oil price rose 3.3% to US$94.44 a barrel. Escalating tensions between Russia and Ukraine sent prices higher

JB Hi-Fi first half update

The JB Hi-Fi Limited (ASX: JBH) share price will be on watch this morning when it releases its first half results. Last month the retail giant advised that it expects to report a 1.6% decline in sales to $4,861.8 million and a 9.4% decline in net profit after tax to $287.9 million. All eyes will be on its trading update for January and the start of February.

Gold price edges higher

Gold miners Newcrest Mining Limited (ASX: NCM) and Northern Star Resources Ltd (ASX: NST) could have a decent start to the week after the gold price rose on Friday night. According to CNBC, the spot gold price rose 0.25% to US$1,842.1 an ounce. The gold price added almost 2% to its value over the five days amid increased demand for safe haven assets.

Platinum downgraded to sell

The Platinum Asset Management Ltd (ASX: PTM) share price could be overvalued according to analysts at Bell Potter. This morning the broker has downgraded the fund manager’s shares to a sell rating and cut the price target on them by 38% to $2.22. It commented: “PTM’s underperformance highlights that this is not a stock for all seasons, and we cannot currently see much attraction.”

The post 5 things to watch on the ASX 200 on Monday appeared first on The Motley Fool Australia.

More reading

• 2 of the ‘best’ ASX shares to buy right now
• Is Vanguard MSCI Index International Shares ETF (ASX:VGS) an excellent investment for the long-term?
• 2 compelling ASX 200 shares that keep growing their dividends
• 2 strong ASX dividend shares hiding in plain sight
• Down 24% in 2022: Is the Xero (ASX:XRO) share price a strong buy?

Motley Fool contributor James Mickleboro has no position in any of the stocks 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 has no position in any of the stocks mentioned. 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/g1NCEGW

Looking for some small cap tech shares to buy? Then have a look at the ones listed below.

Here’s why they could be worth getting better acquainted with:

Bigtincan Holdings Ltd (ASX: BTH)

The first small cap to watch is Bigtincan. It is a provider of enterprise mobility software that allows sales and service organisations to improve mobile worker productivity through smart devices. Management highlights that businesses such as Nike, Prudential, and Starwood Hotels trust Bigtincan to enable customer-facing teams to intelligently prepare, engage, measure and continually improve the buying experience for their customers.

Morgan Stanley has an overweight rating and $2.10 price target on its shares.

Nitro Software Ltd (ASX: NTO)

Another small cap to watch is Nitro Software. It is a software company that is aiming to drive digital transformation in organisations around the world with its increasingly popular Nitro Productivity Suite. This suite provides businesses with integrated PDF productivity and electronic signature tools. A testament to the quality of its software is that a number of the largest companies in the world use it. This includes over half of the Fortune 500.

Bell Potter is a fan of Nitro. It currently has a buy rating and $3.25 price target on its shares.

Serko Ltd (ASX: SKO)

Serko could be a small cap share to watch very closely now the travel market recovery is underway. It is an online travel booking and expense management provider with a number of quality solutions that have large market opportunities. Another positive is that it recently signed a deal with US online travel booker Booking.com. This has the potential to be a game-changer over the coming years as the travel giant migrates its customers onto the Serko platform.

Ord Minnett recently retained its buy rating with a $7.93 price target.

The post Analysts name 3 small cap ASX tech shares with major upside potential appeared first on The Motley Fool Australia.

More reading

• Why Cettire, GrainCorp, James Hardie, and Nitro shares are pushing higher
• ‘Plenty of bargains’ following ASX tech shares sell-off: expert
• ‘Plenty of uplift’: Here’s why the Nitro (ASX:NTO) share price took off today
• 3 excellent ASX tech shares Goldman Sachs rates as buys
• Why Cettire, Novonix, Serko, and Zip shares are sinking today

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns and has recommended BIGTINCAN FPO and Serko Ltd. The Motley Fool Australia has recommended BIGTINCAN FPO, Nitro Software Limited, and Serko Ltd. 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/eWuhKCE

If you’re looking for growth shares, then look no further. Listed below are three ASX 200 growth shares which have been tipped for strong growth in the future.

Here’s why analysts rate them as buys:

Breville Group Ltd (ASX: BRG)

The first ASX growth share to look at is Breville. It is the leading appliance manufacturer behind the Sage, Kambrook, Baratza, and eponymous Breville brands. Thanks to its investment in product development, these brands have been resonating well with consumers for many years. This has underpinned consistently solid sales and earnings growth. And with the company benefiting from favourable industry tailwinds and continuing to grow its footprint globally, the future looks bright for Breville.

Morgan Stanley is a very positive on Breville. The broker currently has an overweight rating and $36.00 price target on its shares. The broker believes a recent update from rival DeLonghi demonstrates strong industry demand.

Life360 Inc (ASX: 360)

Another ASX growth share to look at is Life360. This growing technology company is responsible for the Life360 mobile app. This market leading app is for families and offers useful features such as communications, driver safety, and location sharing. As of its last update, the company’s user base had reached over 30 million globally. This is generating significant recurring revenues and opens the door to material cross and upselling opportunities for its recently acquired businesses. These are wearables company Jiobit and items tracking company Tile.

Bell Potter is bullish on the company’s future. It currently has a buy rating and $13.51 price target on its shares. Its analysts believe its “share price [is] set for a 180.”

NEXTDC Ltd (ASX: NXT)

A final ASX 200 growth share that could be a buy is NEXTDC. If is a leading data centre operator which appears well-placed to benefit from the structural shift to the cloud. Especially given its world class network of data centres and its expansion into edge centres. The company also has its eyes on the Asia market and has opened up offices in a couple of key markets.

Citi is a fan and currently has a buy rating and $15.40 price target on NEXTDC’s shares. It believes the company’s Asian expansion is nearing following positive developments in Singapore this month.

The post 3 fantastic ASX 200 growth shares to buy appeared first on The Motley Fool Australia.

More reading

• 3 ASX growth shares to buy after recent market weakness
• Why are these ASX 200 tech shares tumbling more than 6% on Friday?
• What are brokers expecting for ASX tech shares this earnings season?
• 3 buy-rated ASX 200 shares with plenty of upside potential
• Here are 3 excellent ASX growth shares for investors in February

Motley Fool contributor James Mickleboro owns Life360, Inc. and NEXTDC Limited. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns and has recommended Life360, Inc. The Motley Fool Australia has no position in any of the stocks mentioned. 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/jE5DxbL

At the current BHP Group Ltd (ASX: BHP) share price, could it be a juggernaut for dividends in 2022?

BHP is one of the biggest dividend payers on the ASX. With the business unifying its UK and Australia business onto the ASX, it’s probably going to be paying the biggest dividend to shareholders (in total dollar terms).

But investors just need to know about the dividend yield on a single BHP share basis and what that means for their portfolio.

How big will the BHP dividend yield be in 2022?

There are different estimates for how big the dividend is going to be for FY22.

Commsec numbers suggest the FY22 dividend is going to be $3.78 per share. That translates into a grossed-up dividend yield of 11%.

Macquarie thinks that BHP will have a FY22 grossed-up dividend yield of 10%. Citi believes that BHP is going to pay a grossed-up dividend yield of 11.3%.

BHP is benefiting from a strong environment for many of its commodities. The iron ore price is steadily climbing. Oil has recovered from the COVID crash. There is an expectation of strong long-term demand for copper and nickel as the world decarbonises.

The S&P/ASX 200 Index (ASX: XJO) resources giant earns its revenue by producing vast amounts of commodities and selling them. Higher resource prices largely translate into extra profit, aside from paying the necessary government taxes. Higher earnings can help the BHP share price and the dividend.

Production remains strong

The company is taking advantage of the higher prices by continuing to achieve high levels of production volume.

In the six months to December 2021, copper production was down 12% to 742kt, but the company said that was due to lower volumes at Olympic Dam due to the planned smelter maintenance campaign, which was completed in January 2022.

The iron ore half-year production was up by 1% to 129.4 mt thanks to strong supply chain performance, increased ore car availability and the continued ramp-up of South Flank.

Petroleum production rose 5% year on year to 53.2 million barrels of oil equivalent.

Oil to be replaced by potash

BHP is on track to divest its oil business to Woodside Petroleum Limited (ASX: WPL).

But it’s planning to grow with another commodity – potash. This is a type of fertiliser that is used to boost land productivity, but it is meant have lower emissions than alternatives.

The commodity giant says that potash provides BHP with increased leverage to key global mega-trends including a rising population, changing diets, decarbonisation and improving environmental stewardship.

Jansen is the name of the project which comes with a series of high-returning growth options. It’s expected to generate an underlying earnings before interest, tax, depreciation and amortisation (EBITDA) margin of around 70%. It’s expected to become one of the world’s largest potash operations.

Potash could play a major part in influencing the BHP share price and dividend in the coming decades.

The post At today’s share price, is BHP (ASX:BHP) going to be a dividend juggernaut in 2022? appeared first on The Motley Fool Australia.

More reading

• Could opening WA borders expose ASX 200 mining shares to production risks?
• Here are the 3 most heavily traded ASX 200 shares on Thursday
• How far off is BHP (ASX:BHP) from producing ‘green steel’?
• The ASX 200 just hit 3-week highs. What’s next?
• Here are the 3 most heavily traded ASX 200 shares on Tuesday

Motley Fool contributor Tristan Harrison has no position in any of the stocks 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 has no position in any of the stocks mentioned. 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/kWICaqb

Investors that are looking for some new ASX shares to buy might want to consider the two listed below.

These ASX shares have been named among the best picks by a leading broker. Here’s what Morgans is saying about them:

Santos Ltd (ASX: STO)

This energy company could be a top option for investors according to Morgans. Its analysts have put an add rating and $9.15 price target on the company’s shares. Based on the current Santos share price of $7.42, this suggests potential upside of over 23% for investors.

Its analysts like the company due to its growth profile, which was boosted from the recent merger with Oil Search.

The broker said: “We expect the resilience of STO’s growth profile and diversified earnings base see it best placed to outperform against a backdrop of a continuing broader sector recovery. STO remains our top preference amongst our large-cap energy universe.”

“With early indications supportive of our view that material synergies and enhanced growth plans will result from the OSH merger. While in good shape, we expect STO to continue gaining investor support as it executes on the opportunistic OSH merger,” it added.

Treasury Wine Estates Ltd (ASX: TWE)

Morgans is a fan of this wine giant and currently has an add rating and $14.06 price target on its shares. Based on the current Treasury Wine share price of $10.69, this implies potential upside of almost 32% for investors.

Its analysts are positive on its growth outlook and believe recent share price weakness has left its shares trading at a very attractive level. This is particularly the case in comparison to long term multiples.

The broker commented: “TWE has the China reallocation risk and it will take 2-3 years to recover these earnings in new markets. However once it comps China earnings, we expect TWE to deliver strong earnings growth from the 2H22 onwards. Organic growth will be supplemented by M&A.”

“On this front, we view TWE’s recent acquisition of Napa Valley luxury wine business, Frank Family Vineyards (FFV) as strategically important. This high margin business should see TWE achieve its US margin target two years earlier than planned. We see recent share price weakness as a great buying opportunity in this high quality company. The stock is currently trading at a material discount to its long term PE range,” it concluded.

The post 2 of the ‘best’ ASX shares to buy right now appeared first on The Motley Fool Australia.

More reading

• 5 things to watch on the ASX 200 on Friday
• 2 ASX shares to rise with higher interest rates
• 5 things to watch on the ASX 200 on Thursday
• What to expect when Treasury Wine (ASX:TWE) uncorks its results next week
• ‘A lot of opportunities’: Why this broker is bullish on Santos (ASX:STO) shares

Motley Fool contributor James Mickleboro has no position in any of the stocks 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 has recommended Treasury Wine Estates Limited. 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/owAlIpK

The exchange-traded fund (ETF) Vanguard MSCI Index International Shares ETF (ASX: VGS) is one of the most popular ways to invest in the global share market on the ASX.

At the end of December 2021, the VGS ETF was $4.1 billion in size, though this may have dropped a bit in recent weeks as volatility has picked up.

What is the VGS ETF?

It’s an investment fund which investors can purchase via the ASX stock exchange, rather than going to directly to a fund manager.

This particular option is provided by Vanguard, one of the world’s leading asset managers which prides itself on providing funds at very cheap prices.

The Vanguard MSCI Index International Shares ETF gives Aussies exposure to many of the world’s largest companies that are listed in major developed markets like the US, Japan, the UK, Canada, France, Switzerland, Germany and so on.

What businesses are in the holdings?

At the end of December 2021, there was a grand total of 1,490 positions. That means there are almost 1,500 different businesses in the portfolio. Compared to most other ETFs on the ASX, that is a lot of diversification.

Not only are there lots of different holdings, but they also come from a broad range of industries including technology, financials, healthcare, consumer discretionary, industrials, communication services, consumer staples, resources, energy, utilities and so on.

In terms of the actual largest positions in the VGS ETF portfolio, we’re talking about some of the world’s most recognisable brands that have remarkably strong market positions. At the end of December, these were the biggest holdings: Apple, Microsoft, Amazon.com, Alphabet, Tesla, Facebook, NVIDIA, UnitedHealth, JPMorgan Chase, Johnson & Johnson, Home Depot, Procter & Gamble and Berkshire Hathaway.

What is the VGS ETF annual management fee?

A (low) cost of an ETF can be a key selling point. The lower the fee, the more of the returns that remain in the investor’s hands, which can then keep compounding wealth over the long-term.

Vanguard MSCI Index International Shares ETF has an annual fee of 0.18%. This is a fraction of what many active, globally-focused fund managers charge (and then there’s usually performance fees on top of that).

Returns

Past performance is not a reliable indicator of future performance. However, it might be informative to know how the ETF has performed over the longer-term. Remember, an ETF’s performance is simply the combined returns of the underlying businesses.

Over the prior five years to December 2021, the VGS ETF had returned an average of 15.2% per annum. This isn’t the highest return of all the ETFs on the ASX, but it has been comfortably higher than the S&P/ASX 200 Index (ASX: XJO).

Future performance will also depend on the returns of the constituents like Apple, Microsoft, Alphabet and so on.

The post Is Vanguard MSCI Index International Shares ETF (ASX:VGS) an excellent investment for the long-term? appeared first on The Motley Fool Australia.

More reading

• 2 compelling ASX 200 shares that keep growing their dividends
• 3 exciting ETFs for ASX investors next week
• Down 24% in 2022: Is the Xero (ASX:XRO) share price a strong buy?
• These were the best performing ASX 200 shares last week
• These were the worst performing ASX 200 shares last week

Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns and has recommended Vanguard MSCI Index International Shares ETF. The Motley Fool Australia has recommended Vanguard MSCI Index International Shares ETF. 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/B3ryRLz

There are a handful of S&P/ASX 200 Index (ASX: XJO) dividend shares that continue to grow payouts to shareholders every year.

Some of them increased the payment during the difficult COVID-hit year of 2020. A few have been increasing the dividend every year for a decade or more in a row, like the two in this article.

Whilst plenty of investors know about the dividends offered by companies like Commonwealth Bank of Australia (ASX: CBA) and Fortescue Metals Group Limited (ASX: FMG), there are others that some investors may not know about as income options.

Here are two to learn about with long dividend growth records:

Sonic Healthcare Ltd (ASX: SHL)

Sonic Healthcare is one of the world’s leading companies in the healthcare pathology industry.

It’s geographically diverse. In FY21, it made at least $500 million of revenue in each of these segments: the USA, Germany, Australia, the UK and Ireland, and Switzerland. It also has operations in Belgium and New Zealand, though these are considerably smaller than the other segments. Sonic also has a growing imaging division.

A key part of its earnings story over the last two years has been COVID testing. At the company’s AGM, it noted that it had done 36 million COVID PCR tests in 60 Sonic laboratories globally. Keep in mind, the AGM was before the huge deluge of Omicron cases.

In FY21, the ASX 200 dividend share made a net profit of $1.32 billion, which was an increase of 149%. The company is using some of the cash flow to buy businesses which will help grow its earnings over time. Two of the latest acquisitions have been Propath and Canberra Medical Imaging.

Sonic has stated that it has a progressive dividend policy. The FY21 total dividend was increased by 7.1%. This means the trailing partially franked dividend yield is 2.5%.

APA Group (ASX: APA)

APA is one of the largest infrastructure businesses on the ASX. It is the biggest gas pipeline owner in Australia with interests in 15,000 km of natural gas pipeline infrastructure across Australia, as well as wind farms, gas-fired power generation and gas storage facilities.

It’s such a key part of the Australian economy that it supplies half of the nation’s natural gas usage.

Those energy assets generate annual cash flow for APA each year, which pays for the growing distribution to investors. The cash flow grows organically from the existing assets but it is also regularly investing in new assets to build its asset base. New and extended pipelines are a big focus at the moment. APA is also looking to electricity transmission and generation both in Australia and the US as future opportunities.

Plus, the ASX 200 dividend share is working on future-proofing its pipelines by considering how its pipelines can be used to transport hydrogen in the future.

In FY22, APA is planning to grow its distribution by almost 4% to 53 cents per share. At the current APA share price, that translates into a FY22 yield of 5.4%.

The post 2 compelling ASX 200 shares that keep growing their dividends appeared first on The Motley Fool Australia.

More reading

• Sweet dreams: ASX 200 shares that have provided big returns without the worry
• Down 24% in 2022: Is the Xero (ASX:XRO) share price a strong buy?
• These were the best performing ASX 200 shares last week
• These were the worst performing ASX 200 shares last week
• Here are the top 10 ASX shares today

Motley Fool contributor Tristan Harrison has no position in any of the stocks 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 and has recommended APA Group. The Motley Fool Australia has recommended Sonic Healthcare Limited. 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/k5csgtW

Last week saw a number of broker notes hitting the wires once again. Three buy ratings that investors might want to be aware of are summarised below.

Here’s why brokers think investors ought to buy them next week:

IDP Education Ltd (ASX: IEL)

According to a note out of Goldman Sachs, its analysts have retained their buy rating and lifted their price target on this language testing and student placement company’s shares. The broker was pleased with its first half performance and is expecting a stronger than usual second half. This is due to the emerging recovery in Australian student placements, continued strength in multi-destination placements, and greater than initially forecast synergies in the Indian IELTS operations. Outside this, Goldman notes that IDP is a structural grower with risks diminishing. The IDP share price ended the week at $28.53.

Nanosonics Ltd (ASX: NAN)

A note out of Morgans reveals that its analysts have retained their add rating but trimmed their price target on this infection prevention company’s shares to $5.97. This follows news that its long-standing sales agreement with GE Healthcare has come to an abrupt end. Morgans has downgraded its forecasts but remains positive on the long term. The Nanosonics share price was fetching $4.68 at the end of the week.

National Australia Bank Ltd (ASX: NAB)

Analysts at Macquarie have retained their outperform rating and increased their price target on this banking giant’s shares to $32.50. This follows the release of a first quarter update which was better than the broker was expecting thanks to growth well-ahead of system. This has led to the broker upgrading its estimates and valuation accordingly. The NAB share price ended the week at $29.84.

The post Top brokers name 3 ASX shares to buy next week appeared first on The Motley Fool Australia.

More reading

• Is the NAB (ASX:NAB) share price a buy for the 7% dividend yield?
• These were the worst performing ASX 200 shares last week
• Brokers name 3 ASX shares to buy today
• Top brokers say there are still ASX 200 growth shares with massive upside in 2022
• Brokers tip NAB (ASX:NAB) share price to storm to a new 52-week high

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns and has recommended Idp Education Pty Ltd and Nanosonics Limited. The Motley Fool Australia owns and has recommended Nanosonics Limited. 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/dKlMFOu

Looking for dividends shares for your income portfolio? If you are, you may want to get better acquainted with the two listed below.

Here’s what you need to know about these ASX dividend shares:

National Storage REIT (ASX: NSR)

The first ASX dividend share to look at is National Storage. It is a leading self-storage operator with a portfolio of over 210 centres across Australia. From these centres, National Storage provides tailored storage solutions to over 85,000 residential and commercial customers.

While the company’s units are predominantly used by customers for traditional storage uses, there’s a lot more on offer than just that. Some small businesses are using its units to run their operations. This is achievable thanks to WiFi and power connectivity options.

The good news is that the ownership of self storage centres remains highly fragmented. This provides the company with plenty of acquisition opportunities in the future to bolster its growth.

As for dividends, management is guiding to earnings per share growth of 10% in FY 2022. If its distribution grows in line with this, it will mean a 9.02 cents per share distribution. Based on the current National Storage share price of $2.45, this would mean a yield of 3.7%.

Rural Funds Group (ASX: RFF)

Another ASX dividend share to look at is Rural Funds. It is a real estate investment trust (REIT) that owns a diversified portfolio of Australian agricultural assets.

These high quality assets are leased to many of the sector’s leading players such as Australia’s largest meat processor, JBS Australia, and wine giant Treasury Wine Estates Ltd (ASX: TWE) on very long leases. Combined with periodic rent increases, this gives management great visibility on its future earnings and allows it to target distribution growth of 4% per annum.

Speaking of distributions, in FY 2022 management plans to increase its distribution by its target rate to 11.73 cents per share. Based on the current Rural Funds share price of $2.96, this represents an attractive yield of 4%.

The post 2 ASX dividend shares with attractive yields appeared first on The Motley Fool Australia.

More reading

• 2 ASX dividend shares giving investors steady payrises
• How are ASX Real Estate Investment Trusts (REITs) performing in 2022?
• 2 top ASX dividend shares for income investors
• 2 ASX dividend shares now offering big yields
• 2 top ASX dividend shares with good yields

Motley Fool contributor James Mickleboro has no position in any of the stocks 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 and has recommended RURALFUNDS STAPLED. 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/H3rcWbv