If you’re looking for some generous dividends in 2021, then I think you ought to consider buying the two ASX dividend shares listed below.

Here’s why I think they would be good options for income investors:

Australia and New Zealand Banking GrpLtd (ASX: ANZ)

The first ASX dividend share to consider buying is ANZ Bank. The banking giant’s shares have been hammered this year because of the pandemic and are down materially from their 52-week high. And while this share price decline is not completely unjustified due to the probable increase in bad debts, I believe the selling has been overdone and created a buying opportunity.

Especially given the generous dividend yield on offer with the bank’s shares. According to a note out of Goldman Sachs, its analysts expect ANZ to pay a partially franked 116 cents per share dividend in FY 2021. Based on the latest ANZ share price, this represents a very attractive 6.3% FY 2021 yield.

Aventus Group (ASX: AVN)

Another dividend share to consider buying is Aventus. It is a retail property company which owns a portfolio of 20 large format retail parks across Australia. Although retail property is going through a difficult time right now because of the pandemic, I believe Aventus is better positioned that most to ride out the storm. This is because its rental income has a high weighting towards everyday needs, which have been largely unaffected by the crisis.

Goldman Sachs is very positive on the company and has forecast a sizeable ~17.3 cents per unit distribution in FY 2021. Based on the current Aventus share price, this equates to a very generous forward ~8.25% distribution yield. Overall, I think this could make Aventus one of the better dividend shares to buy right now.

More reading

• Is the ANZ share price a buy today?
• Here are the dividends this broker thinks CBA and the big four will pay in 2020
• ASX 200 drops 0.2%, APRA boosts big 4 ASX banks
• ASX big banks stocks outperform even as APRA caps dividends
• APRA eases dividend restrictions, ASX bank shares rally

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia has recommended AVENTUS RE UNIT. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The post Why I would buy ANZ and this ASX share for dividends appeared first on Motley Fool Australia.

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On Thursday the S&P/ASX 200 Index (ASX: XJO) returned to form and stormed higher. The benchmark index jumped 0.7% to 6,051.1 points.

Will the market be able to build on this on Friday? Here are five things to watch:

ASX 200 expected to slide.

The ASX 200 index looks set to drop lower on Friday after a mixed night of trade on Wall Street. According to the latest SPI futures, the benchmark index is expected to fall 20 points or 0.3% at the open. On Wall Street the Dow Jones dropped 0.85%, the S&P 500 fell 0.4%, and the Nasdaq pushed 0.4% higher.

Tech shares on watch.

Tech shares such as Appen Ltd (ASX: APX) and Xero Limited (ASX: XRO) could be on the rise on Friday after their U.S. counterparts drove the Nasdaq index higher. In addition to this, after the market close on Thursday, both Amazon and Facebook have released strong quarterly results and have seen their shares surge higher in after hours trade.

Oil prices tumble.

Energy shares including Beach Energy Ltd (ASX: BPT) and Santos Ltd (ASX: STO) could come under pressure today after oil prices pulled back. According to Bloomberg, the WTI crude oil price is down 2.1% to US$40.42 a barrel and the Brent crude oil price has fallen 0.8% to US$43.39 a barrel. Oil was sold off after the release of weak U.S. economic data.

Gold price weakens.

Gold miners such as Newcrest Mining Limited (ASX: NCM) and Saracen Mineral Holdings Limited (ASX: SAR) could finish the week in a subdued fashion after the gold price weakened. According to CNBC, the spot gold price is down 0.35% to US$1,946.70 an ounce. This appears to have been driven by profit taking after some very strong gains by the precious metal this month.

Commonwealth Bank given sell rating.

The Commonwealth Bank of Australia (ASX: CBA) share price is overvalued according to analysts at Goldman Sachs. This morning the broker retained its sell rating and $65.25 price target on the banking giant’s shares. This follows the announcement of $300 million of pre-tax customer remediation provisions relating to its advice businesses.

More reading

• Coles and Wesfarmers share prices reach for new highs. Should you invest?
• ASX 200 rises 0.75%, Fortescue impresses and Macquarie remains robust
• 3 underperforming ASX 200 stocks that could beat earnings expectations
• Top brokers name 3 ASX shares to sell today
• A dirt-cheap ASX dividend share to add to your portfolio 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 Xero. The Motley Fool Australia owns shares of Appen Ltd. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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

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