At the small end of the market, there are a number of ASX shares with the potential to grow strongly in the future.

Two that should be on your watchlists are listed below. Here’s what you need to know about them:

Booktopia Group Ltd (ASX: BKG)

Booktopia is an online book retailer which has been performing particularly strongly this year.

During the first half of FY 2021, the company reported a 51.1% increase in revenue to $112.6 million and a 502.3% jump in underlying EBITDA to $8 million.

This was driven by the shift to online shopping and its new distribution centre. The latter allowed Booktopia to deliver a record 4.2 million shipments for the period, up 40% over the prior corresponding period.

Positively, the company followed this up with further strong growth in the third quarter, setting it up to deliver a stellar full year result in August.

Morgans is positive on the company. It is tipping further market share gains and scale benefits in the coming years. The broker currently has an add rating and $3.53 price target on its shares.

MNF Group Ltd (ASX: MNF)

MNF specialises in Voice over Internet Protocol (VoIP) technology which is used to support services like teleconferencing, online business meetings, and digital data transfers.

Thanks to a number of favourable tailwinds such as the NBN rollout and the work from home trend, MNF looks well-placed for growth over the long term.

This should be supported by its expansion into the Asian market. Last week it revealed that is on the verge of launching in Singapore. It is also looking at future expansions into other markets in the region.

In the meantime, the company is on course to record a solid result in FY 2021. Last week it advised that it is on target to achieve the top end of its earnings guidance. This guidance is for operating earnings of $40 million to $43 million for the 12 months ended 30 June.

Morgan Stanley is a fan of the company. It currently has an overweight rating and $6.30 price target on its shares.

The post 2 exciting small cap ASX shares to watch appeared first on The Motley Fool Australia.

More reading

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• Why the MNF (ASX:MNF) share price is racing higher again today
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• Why the MNF (ASX:MNF) share price is up 6% today

James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended MNF Group Limited. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended Booktopia Group Limited. The Motley Fool Australia owns shares of and has recommended MNF Group Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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If you’re looking for shares to buy, then the tech sector could be a great place to start. In this sector there are a number of companies with the potential to grow strongly over the next 10 years.

With that in mind, I have picked out two top tech options to consider. Here’s what you need to know about them:

Life360 Inc (ASX: 360)

The first tech share to look at is Life360. It is the San Francisco-based technology company behind the Life360 mobile app.

This is a market leading app for families, offering features such as communications, driver safety, and location sharing. At the end of March, it had more than 28 million monthly active users globally.

Despite facing headwinds during COVID-19 from lockdowns and lower mobility, Life360 still delivered an impressive 39% increase in normalised revenue to US$81.6 million for the 12 months ending 31 December.

This strong form is expected to continue in FY 2021 as COVID-19 headwinds ease. So much so, management is targeting Annualised Monthly Revenue in the range of US$110 million to US$120 million this year. This will be a 23% to 34% increase year on year.

This could be boosted by the recent acquisition of Jiobit for US$37 million. Management notes that the addition of the wearable location device provider is very supportive of its growth strategy and opens up cross-selling opportunities.

Bell Potter is a fan of the company. The broker currently has a buy rating and $7.00 price target on its shares.

Xero Limited (ASX: XRO)

Another ASX tech share to look at is Xero.

Thanks to the shift to the cloud and its successful evolution into a full-service business and accounting solution, Xero has been growing at a strong rate in recent years.

For example, in FY 2021 the company reported an 18% increase in revenue to NZ$848.8 million. This was driven by a 20% increase in subscribers to 2.74 million. This comprises ANZ subscribers of 1.56 million and International subscribers of 1.18 million.

While this might sound like a large number, it is actually only scratching at the surface of its overall market opportunity. Management estimates that the cloud accounting subscriber total addressable market is currently 45 million.

Goldman Sachs is very positive on Xero’s future. Thanks to its international expansion, the ongoing shift to the cloud, and the monetisation of its app ecosystem, it believes the company could have a multi-decade runway for growth.

Goldman currently has a buy rating and $153.00 price target on its shares.

The post 2 highly rated ASX tech shares rated as buys appeared first on The Motley Fool Australia.

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James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended Xero. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended Life360, Inc. The Motley Fool Australia owns shares of and has recommended Xero. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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If you’re wanting to add some diversification to your portfolio this month, then you might want to look at exchange traded funds (ETFs). These funds help investors achieve diversification with relative ease by providing access to a large and diverse number of different shares through a single investment.

With that in mind, listed below are two ETFs which could be worth considering. Here’s what you need to know about them:

iShares Global Consumer Staples ETF (ASX: IXI)

The first ETF to look at is iShares Global Consumer Staples ETF. This fund aims to provide investors with the performance of the S&P Global 1200 Consumer Staples Sector Index before fees and expenses.

This index is designed to measure the performance of global consumer staples companies that produce essential products, including food, tobacco, and household items. Given how demand for these types of products is relatively consistent whatever the economy throws at them, this ETF is likely to be suitable for investors that are looking for low risk options.

Among its largest holdings are the likes of Coca-Cola, Nestle, PepsiCo, Procter & Gamble, Unilever, and Walmart.

Over the last 10 years, the iShares Global Consumer Staples ETF has generated an average total return of 12.1% per annum.

VanEck Vectors Morningstar Wide Moat ETF (ASX: MOAT)

The VanEck Vectors Morningstar Wide Moat ETF gives investors access to a diversified portfolio of 49 attractively priced US companies with sustainable competitive advantages or “moats”.

Moats are something Warren Buffett looks for when he’s picking shares to invest in. And given his long term investment success, it certainly could be worth following his lead.

At present there are a total of 49 shares included in the fund. These includes well-known companies such as Amazon, Bank of America, Berkshire Hathaway, Constellation Brands, Intel, McDonalds, and Microsoft.

Over the last 10 years, the index the ETF tracks has generated an average return of 20.2% per annum.

The post Diversify your portfolio with these quality ETFs appeared first on The Motley Fool Australia.

More reading

• 3 reasons why the VanEck Vectors Morningstar Wide Moat ETF (ASX:MOAT) could be a quality investment
• 2 ETFs that could be buys today for any ASX share portfolio
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• 2 great ASX growth shares that might be buys
• 3 ETFs for ASX investors to check out

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 iShares Global Consumer Staples ETF. The Motley Fool Australia has recommended VanEck Vectors Morningstar Wide Moat ETF. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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There are a lot of options for investors to choose from on the Australian share market.

Two that could be worth getting better acquainted with are listed below. Here’s what you need to know about these growing companies:

Nearmap Ltd (ASX: NEA)

The first ASX share to look at is Nearmap. It is an aerial imagery technology and location data company with operations in Australia and North America.

Nearmap’s products give businesses instant access to high resolution aerial imagery, city-scale 3D datasets, and integrated geospatial tools. This means users can undertake virtual site visits anywhere there is coverage without leaving the home or office. The company notes that this enables informed decisions, streamlined operations, and meaningful cost savings.

Another positive is that Nearmap has recently bolstered its offering with the launch of several new products and add-ons. This includes an artificial intelligence product which has significant potential.

And while there are some legal issues hanging over the company, management believes the allegations are without merit and will vigorously defend against the complaint. Some recent and significant insider buying appears to demonstrate their confidence in this.

Morgan Stanley is a fan of the company. It currently has an overweight rating and $3.20 price target on the company’s shares. This compares to the latest Nearmap share price of $1.87.

Nitro Software Ltd (ASX: NTO)

Another ASX share to look at is Nitro. It is a global document productivity company helping businesses of all sizes eliminate paper, accelerate business processes, and drive digital transformation. This is achieved by providing PDF productivity and eSigning for all in a single, affordable solution.

At present, Nitro is helping more than 11,000 businesses globally drive digital transformation. This includes 68% of the Fortune 500 and three of the Fortune 10.

From these customers, the company reported a 64% increase in annual recurring revenue (ARR) to $27.7 million in FY 2020. This was driven by new customer growth and 117% net revenue retention. This means it not only retained customers, it generated 17% more revenue from them.

Positively, similarly strong growth is expected in FY 2021. Management has provided ARR guidance of $39 million to $42 million. This will mean year on year growth of 41% to 51.6%. This is still well short of a PDF document productivity and eSigning total addressable market (TAM) estimated to be worth $28 billion.

Morgan Stanley is bullish on the company. Its analysts currently have an overweight rating and $3.70 price target on the company’s shares. This compares to the latest Nitro share price of $3.31.

The post 2 growing ASX shares that deserve your attention appeared first on The Motley Fool Australia.

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• 2 excellent ASX tech shares named as buys
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• Why the Nearmap (ASX:NEA) share price tanked in May
• Top ASX shares to buy in June 2021

James Mickleboro does not own any shares mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended Nearmap Ltd. The Motley Fool Australia owns shares of and has recommended Nearmap Ltd. The Motley Fool Australia has recommended Nitro Software Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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High-performing fund manager Wilson Asset Management (WAM) has revealed two ASX shares that it rates as buys within the WAM Research Limited (ASX: WAX) portfolio.

WAM operates several listed investment companies (LICs). Two of those LICs are WAM Capital Limited (ASX: WAM) and WAM Leaders Ltd (ASX: WLE).

One of the LICs is called WAM Research, which looks at smaller businesses on the ASX.

WAM describes WAM Research as a LIC that invests in the most compelling undervalued growth opportunities in the Australian market.

The WAM Research portfolio has delivered gross returns (that’s before fees, expenses and taxes) of 16.3% per annum since the strategy changed in July 2010, which is superior to the S&P/ASX All Ordinaries Accumulation Index return of 9.5% per annum.

These are the two ASX shares that WAM outlined in its most recent monthly update:

Virtus Health Ltd (ASX: VRT)

Virtus Health is a fertility business. WAM Research explains that it helps more than 5,000 people become parents each year as the largest provider of assisted reproductive services in Australia, the market leader in Ireland and Denmark, and a growing presence in Singapore and the UK.

It operates 43 in vitro fertilisation (IVF) clinics globally, as well as seven day hospitals and the Virtus diagnostic and pathology service.

As it recovers from the impacts of the COVID-19 pandemic, Virtus is seeing a “strong uplift” in demand for IVF services.

The ASX share is considering licensing its technology through its precision fertility capabilities to other IVF players globally. WAM Research said this would be a revenue stream which is not capital intensive, and a strategy the fund manager believes will see significant upside.

The fund manager is also positive on Virtus Health CEO Kate Munnings, who was appointed in March 2020. WAM Research thinks Ms Munnings has the ability to monetise the intellectual property within the organisation to pursue other revenue sources in precision fertility, genetics testing and digitalisation.

Fletcher Building Limited (ASX: FBU)

The other ASX share that WAM Research referred to was Fletcher Building, which is a manufacturer, home builder and partner on major construction and infrastructure projects.

The fund manager pointed out that in May, Fletcher Building announced that earnings before interest, tax, depreciation and amortisation (EBITDA) for FY21 is expected to be between $650 million to $665 million, which is at the upper end of its previous guidance range.

WAM Research also referred to the capital return that Fletcher Building is going to return to investors in the form of a NZ$300 million on-market share buyback as a result of its strong balance sheet.

The fund manager is positive on the ASX share as building market activity remains robust and government stimulus continues to support the sector. This will underpin the delivery of a “strong” uplift in EBITDA margins over the next one or two years.

The post Top fund manager names these 2 ASX shares as buys appeared first on The Motley Fool Australia.

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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 recommended Virtus Health Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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Listed below are a couple of growth shares that could be worth considering with a long term focus.

Here’s why analysts rate them highly:

Bravura Solutions Ltd (ASX: BVS)

The first ASX share to look at is Bravura. It is a leading provider of software solutions for the wealth management and funds administration industries.

Bravura has a portfolio of solutions that are both high quality and have significant market opportunities. Chief among them is its popular Sonata wealth management platform, which allows financial advisers to connect and engage with clients via computers or smart devices.

But Bravura is far from a one-trick pony. It has been strengthening its offering over the last couple of years via acquisitions. This includes adding FinoCamp, Midwinter, and Delta Financial Systems to its portfolio.

After a couple of years of significant headwinds from Brexit and COVID-19, Bravura looks to be back on the right path again. Management recently reaffirmed its guidance for FY 2021 net profit after tax of $32 million to $35 million and second half revenue growth of 10% half on half.

Macquarie currently has an outperform rating and $4.00 price target on the company’s shares.

Domino’s Pizza Enterprises Ltd (ASX: DMP)

Another ASX growth share to look at is this pizza chain operator. Domino’s has been growing at a consistently solid rate for over a decade thanks to the popularity of its offering and the expansion of its footprint.

Pleasingly, its pizzas remain popular and its footprint can still get significantly larger. For example, at the end of the first half, the company had a network of 2,800 stores. It is now aiming to double this over the next decade in its existing markets.

This excludes the Taiwan market, which Domino’s announced its entry into via the acquisition of Domino’s Taiwan last week. Management advised that it has a sophisticated network of 138 franchised stores and 19 corporate stores at present. However, it sees opportunities to increase its network to 400+ stores in the future. It also expects to deliver growth in its average weekly unit sales.

Bell Potter currently has a buy rating and $122.00 price target on the company’s shares. It noted that with a leverage ratio of 1.1x, it has $446 million in funding headroom. And while it has just spent $79 million on Domino’s Taiwan, it still has ample capacity to make further acquisitions. Which is something management advised that it is actively pursuing.

The post 2 ASX growth shares that could be top buy and hold options appeared first on The Motley Fool Australia.

More reading

• Top brokers name 3 ASX shares to sell next week
• Why Afterpay, Altium, AVITA, & Domino’s shares are pushing higher
• ASX 200 up 0.2%: Tech shares rise, Domino’s expands
• Domino’s (ASX:DMP) share price rises on acquisition news
• ASX 200 rises again, Domino’s orders an acquisition, Premier sales boom

James Mickleboro does not own any shares mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended Bravura Solutions Ltd. The Motley Fool Australia owns shares of and has recommended Bravura Solutions Ltd. The Motley Fool Australia has recommended Dominos Pizza Enterprises Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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Respected fund manager Wilson Asset Management (WAM) has recently identified two ASX shares that it owns in its portfolio.

WAM operates several listed investment companies (LICs). Two of those LICs are WAM Capital Limited (ASX: WAM) and WAM Research Limited (ASX: WAX).

There’s also one called WAM Leaders Ltd (ASX: WLE) which looks at the larger businesses on the ASX.

WAM says WAM Leaders actively invests in the highest quality Australian companies.

The WAM Leaders portfolio has delivered gross returns (that’s before fees, expenses and taxes) of 14.9% per annum since inception in May 2016, which is superior to the S&P/ASX 200 Accumulation Index average return of 10.1%.

These are the ASX shares that WAM outlined in its most recent monthly update:

Aristocrat Leisure Limited (ASX: ALL)

WAM Leaders pointed out that in May, it released a “strong” half-year result, which was well ahead of market expectations and demonstrated its leverage to the economic recovery.

That result was attributed to land-based revenues recovering faster than expected, driven by clear market share gains and strength in US gambling spend, as well as an improvement in the profit margins of its digital division.

WAM Leaders is still positive on Aristocrat Leisure based on expectations that the company can continue to gain market share and grow its mobile gaming business. The fund manager believes there’s upside optionality from the iGaming opportunity, and the company has a strong balance sheet to continue to invest for future growth.

CSL Limited (ASX: CSL)

CSL is a business that WAM Leaders increased its position in during the month. The LIC increased its holding of CSL as it became more positive on the business.

WAM Leaders said that CSL is premised on plasma collection foot traffic reaching post-coronavirus highs as the vaccine rollout continues, combined with improvements in plasma yields, and therefore profit margins.

Computershare Ltd (ASX: CPU)

Computershare was another ASX share that WAM Leaders added to with its portfolio.

WAM Leaders bought more shares of Computershare because of its earnings leverage to higher US interest rates, as the world’s largest economy continues to deliver strong inflation data.

The fund manager said that leverage to interest rates has nearly doubled with Computershare’s recent acquisition of commercial banking business with Wells Fargo Corporate Trust Services.

Challenger Ltd (ASX: CGF)

The annuity business was the final ASX share that WAM Leaders referenced that it bought more shares of in the portfolio.

WAM Leaders added Challenger to its portfolio after its earnings guidance downgrade in April. The fund manager is positive on the company due to its rebased expectations around the life business’ profit margin, upside from new distribution opportunities and its attractive valuation.

The post WAM Leaders thinks these ASX shares might be buys appeared first on The Motley Fool Australia.

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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 shares of and has recommended CSL Ltd. The Motley Fool Australia owns shares of and has recommended Challenger Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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Last week saw a number of broker notes hitting the wires once again. Three buy ratings that caught my eye are summarised below.

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

MNF Group Ltd (ASX: MNF)

According to a note out of Morgan Stanley, its analysts have retained their overweight rating and $6.30 price target on this VoIP provider’s shares. This follows news that MNF is divesting part of its direct business. Morgan Stanley believes offloading the slow growing part of the business is a smart move by management and puts MNF in a stronger position for growth from its higher quality wholesale businesses which have exposure to structural tailwinds. The MNF share price ended the week at $5.40.

Sezzle Inc (ASX: SZL)

Analysts at Ord Minnett have retained their buy rating and $11.90 price target on this buy now pay later (BNPL) provider’s shares. According to the note, the broker believes Sezzle’s deal with US retail giant Target could be a game changer. It expects the deal to be a major boost to its sales and has upgraded its estimates to reflect this. The Sezzle share price was fetching $9.24 at Friday’s close.

Zip Co Ltd (ASX: Z1P)

A note out of Citi reveals that its analysts have retained their buy rating but trimmed their price target on this BNPL provider’s shares slightly to $10.90. The broker notes that recent data appears to show slowing growth in the BNPL sector, which it feels is due largely to elevated sales at the height of the pandemic. Positively, though, its US-based Quadpay business is delivering the strongest growth in the key market, albeit slightly below Citi’s expectations. Nevertheless, the broker remains positive on Zip and sees value in its shares at the current level. The Zip share price was trading at $7.15 on Friday.

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

More reading

• Why is Sezzle outperforming the Zip (ASX:Z1P) share price so far in 2021
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James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended MNF Group Limited and ZIPCOLTD FPO. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended Sezzle Inc. The Motley Fool Australia owns shares of and has recommended MNF Group Limited. The Motley Fool Australia has recommended Sezzle Inc. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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Once again, a large number of broker notes hit the wires last week. Some of these notes were positive and some were bearish.

Three sell ratings that caught my eye are summarised below. Here’s why top brokers think investors ought to sell these shares next week:

Cleanaway Waste Management Ltd (ASX: CWY)

According to a note out of Credit Suisse, its analysts have downgraded this waste management company’s shares to an underperform rating and trimmed the price target on them to $2.40. The broker made the move after looking through its Suez acquisition plans. While it doesn’t expect any regulatory issues with the acquisition, it appears to be cautious and waiting for signs of success before getting carried away with its earnings estimates. In the meantime, the broker believes its shares are overvalued at the current level. The Cleanaway share price ended the week at $2.66.

Domino’s Pizza Enterprises Ltd (ASX: DMP)

Another note out of Credit Suisse reveals that its analysts have retained their underperform rating and cut the price target on this pizza chain operator’s shares to $70.71. Credit Suisse has been looking into web traffic to Domino’s businesses. It notes that there has been a sharp slowdown in traffic to its Australian websites, which has sparked downgrades to the broker’s like for like sales growth estimates. And while its international operations are still performing well, it’s not enough for the broker to become more positive. The Domino’s share price was last trading notably higher than this price target at $115.30.

Fortescue Metals Group Limited (ASX: FMG)

Analysts at Morgans have downgraded this iron ore producer’s shares to a reduce rating with a lowered price target of $18.70. The broker made the move largely on the belief that the company is particularly sensitive to a maturing iron ore cycle. In addition to this, it suspects that Fortescue could fall short of its cost expectations due to cost pressures in Western Australia. Overall, it believes the risk/reward balance for Fortescue is finally skewed to the downside. The Fortescue share price ended the week at $23.22.

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

More reading

• Top brokers name 3 ASX dividend shares to buy today
• Why Afterpay, Altium, AVITA, & Domino’s shares are pushing higher
• ASX 200 up 0.2%: Tech shares rise, Domino’s expands
• Domino’s (ASX:DMP) share price rises on acquisition news
• ASX 200 rises again, Domino’s orders an acquisition, Premier sales boom

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 Dominos Pizza Enterprises Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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Earlier this month, the Reserve Bank of Australia once again kept the cash rate on hold at a record low of 0.1%. While the outlook for rate increases is improving, it still looks likely to be a long time until rates return to “normal” levels.

In light of this, income investors could be better off sticking with dividend shares instead of term deposits or savings accounts. But which dividend shares should you buy? Two top dividend options to consider are listed below. Here’s what you need to know about them:

Rural Funds Group (ASX: RFF)

The first ASX dividend share to look at is Rural Funds. It is an Australian agricultural property company with a portfolio of high quality assets that are leased to some of the biggest players in the agricultural sector on long term agreements.

A big positive about its leases are the fixed rental increases built into them. This means the company is well-positioned to grow its rental income at a consistently solid rate over the next decade. This gives management great visibility with its future earnings, leaving it well-placed to deliver on its distribution growth target of 4% per annum.

In FY 2022, Rural Funds intends to reward its shareholders with a distribution of 11.73 cents per share. This will be up 4% on FY 2021’s distribution. Based on the current Rural Funds share price of $2.54 this will mean a yield of 4.6%.

Telstra Corporation Ltd (ASX: TLS)

Another ASX dividend share for income investors to consider is Telstra. This telco giant could be a good option due to its improving outlook and generous yield.

In respect to its outlook, due to a combination of cost cutting, rational competition, and a positive growth outlook in the mobile business from its 5G leadership, Telstra appears well-placed to return to growth potentially as soon as FY 2022. This should be boosted further by its separation and asset monetisation plans which are underway.

Earlier this month, analysts at Ord Minnett reiterated their buy rating and $4.10 price target. The broker continues to forecast 16 cents per share fully franked dividends for the foreseeable future.

Based on the current Telstra share price of $3.58, this will mean attractive yields of almost 4.5% over the coming years.

The post 2 ASX dividend shares with yields above 4% appeared first on The Motley Fool Australia.

More reading

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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 RURALFUNDS STAPLED and Telstra Corporation Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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