With interest rates at ultra low levels and unlikely to improve any time soon, it is becoming nearly impossible for investors to generate a sufficient income from term deposits and savings accounts.

But never fear! The Australian share market is home to a large number of quality dividend shares that offer vastly superior yields.

Three such ASX dividend shares are listed below. Here’s why I think they are great options for income investors:

BWP Trust (ASX: BWP)

The first ASX dividend share to consider is BWP. I believe the real estate investment trust is well-positioned to deliver consistent income and distribution growth over the next decade. This is thanks to its high quality commercial assets which are predominantly leased to home improvement giant, Bunnings Warehouse. I believe Bunnings is one of the best retailers in the country and the risk of store closures and rental defaults is very low. At present I estimate that its units offer a forward 4.8% yield.

Commonwealth Bank of Australia (ASX: CBA)

If you don’t already have exposure to the banking sector, then I think Commonwealth Bank would be a good dividend share to buy. I believe it is the best option in the sector due to the quality of its business, brand, and balance sheet. And while trading conditions are tough now, I expect these headwinds to ease in the coming months. So, with its shares still down materially from their high, now could be an opportune time to make a long term investment. I estimate that its shares offer a fully franked 5.8% FY 2021 dividend yield.

Dicker Data Ltd (ASX: DDR)

A final ASX dividend share to consider buying is Dicker Data. It is a distributor of computer hardware and software products across Australia. The company has been growing its earnings and dividend at a consistently solid rate for many years. The good news is that this positive trend looks set to continue thanks to new vendor agreements and strong demand. This year the Dicker Data board intends to lift its dividend by 31% to 35.5 cents per share. This represents a 4.5% fully franked dividend yield.

More reading

• Buy these quality ASX dividend shares next week
• 2 quality ASX shares to buy for long-term growth
• Beat low interest rates with these ASX dividend shares
• 2 ASX shares to buy for strong retirement income
• Fund managers have been buying these ASX 200 shares

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Dicker Data Limited. 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 CBA and these ASX dividend shares right now appeared first on Motley Fool Australia.

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Every Monday I like to look at ASIC’s short position report in order to find out which shares are being targeted by short sellers.

This is because I believe it is worth keeping a close eye on short interest levels as high levels can sometimes be a sign that something isn’t quite right with a company.

With that in mind, here are the 10 most shorted shares on the ASX this week according to ASIC:

• Myer Holdings Ltd (ASX: MYR) remains the most shorted share on the ASX despite a reduction in its short interest to 13.9%. Short sellers may believe the pandemic has accelerated the structural decline of department stores.
• Speedcast International Ltd (ASX: SDA) has short interest of 12.7%. Speedcast is a communications satellite technology provider which has been suspended for several months. It is currently in the process of declaring itself bankrupt.
• Galaxy Resources Limited (ASX: GXY) has seen its short interest remain flat at 12.5%. Galaxy is one of a number of lithium miners which are under pressure due to a material weakness in lithium prices.
• Orocobre Limited (ASX: ORE) has seen its short interest rise to 11.4%. Orocobre is another lithium miner which short sellers have their eyes on. Especially given concerns that a recovery in lithium prices could be delayed by the pandemic.
• Super Retail Group Ltd (ASX: SUL) has seen its short interest jump to 10.9%. Short sellers appear concerned that some of Super Retail’s businesses may struggle because of the pandemic.
• Pilbara Mineral Ltd (ASX: PLS) has short interest of 9.3%, which is down slightly week on week. Pilbara Minerals is the final lithium miner in the list. Despite falling heavily over the last 12 months, short sellers must believe its shares can go even lower.
• JB Hi-Fi Limited (ASX: JBH) has seen its short interest remain flat week on week at 9.3%. Some short sellers continue to target the retailer despite its solid sales performance during the pandemic.
• Nearmap Ltd (ASX: NEA) is back in the top ten with short interest of 9.1%. Short sellers may regret this one. Last week the aerial imagery technology company’s shares rocketed higher after it provided a solid market update.
• Clinuvel Pharmaceuticals Limited (ASX: CUV) has seen its short interest slide to 9.1%. Short sellers appear concerned over the valuation of the biopharmaceutical company’s shares.
• Inghams Group Ltd (ASX: ING) has short interest of 8.9%, which is up slightly week on week again. The poultry company has had a tough 12 months because of the droughts and pandemic. Some short sellers appear to believe the tough times are here to stay.

More reading

• These were the best performing ASX 200 shares in May
• 3 exciting ASX growth shares to buy next week
• ASX retail shares best placed to benefit from wall of industry bankruptcies
• 2 ASX shares to watch as sport returns
• Top brokers name 3 ASX shares to buy next week

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Nearmap Ltd. and Super Retail Group Limited. 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.

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I think that teenagers can beat the share pros at investing.  

That’s not to say a teen just out of school can whip up an incredible discounted cashflow model for the best growth shares.

I just mean that it’s possible for a teenager’s portfolio to generate returns as good as, if not better, than a share investment pro (after fees).

There are some factors that you can point to which give regular investors an advantage. They can more easily invest for the longer-term. Fund managers are commonly judged by their short-term returns. Regular investors can also make unique investment choices. 

How teenagers can match the investment returns of the share pros

I think a key fact is that regular investors can invest in exchange-traded funds (ETFs) that are based on an index. The whole point of an investment manager is to invest differently to the index. But the ETF is just following the returns of an index. An index is just a predetermined collection of businesses. Both the Australian share market and the US share market have produced very solid returns over the years.

A high percentage of share pros don’t outperform their respective benchmarks each year in both the US and Australia. Particularly when fees are taken into account. There are a few managers out there that I think are worthwhile, but plenty of others are just broadly following the index whilst taking hefty fees.

So if a teenager were just to invest in index-based ETFs then they would likely outperform a large number of share pros, with no investment skill required. Sounds easy, right?

What ETFs would make good options for teenagers? I like the US-focused iShares S&P 500 ETF (ASX: IVV), the Australian-focused Vanguard Australian Shares Index ETF (ASX: VAS) and the global-focused Vanguard MSCI Index International Shares ETF (ASX: VGS).

More reading

• This one super fund fix could save you thousands!
• How to make $1,000 a month in dividends
• How I would build a $100,000 ASX portfolio with ETFs
• Why it could be the perfect time to buy this Vanguard ETF
• Buy these 4 ASX shares to diversify your portfolio

Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Vanguard MSCI Index International Shares ETF. 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.

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On Friday the S&P/ASX 200 Index (ASX: XJO) finished a very positive week on a disappointing note. The benchmark index fell 1.6% to 5,755.7 points.

Will the ASX 200 be able to bounce back from this on Monday? Here are five things to watch:

ASX 200 to drop lower.

The ASX 200 looks set to start the week in the red. According to the latest SPI futures, the benchmark index is poised to open the week 24 points or 0.45% lower. This is despite a reasonably positive end to the week on Wall Street. The Dow Jones traded roughly flat, the S&P 500 rose 0.5%, and the Nasdaq index climbed 1.3%.

Oil prices storm higher.

Energy producers including Santos Ltd (ASX: STO) and Woodside Petroleum Limited (ASX: WPL) could be on the rise today after oil prices stormed higher on Friday night. According to Bloomberg, the WTI crude oil price jumped 5.3% to US$35.49 a barrel and the Brent crude oil price pushed 5% higher to US$37.84 a barrel. These gains mean that oil prices almost doubled for the month.

Gold price jumps.

Gold miners including Newcrest Mining Limited (ASX: NCM) and Northern Star Resources Ltd (ASX: NST) could be on the rise today after the gold price pushed higher. According to CNBC, the spot gold price rose 1.35% to US$1,751.70 an ounce. US-China tensions supported demand for the precious metal.

Iron ore miners on watch.

BHP Group Ltd (ASX: BHP), Fortescue Metals Group Limited (ASX: FMG), and Rio Tinto Limited (ASX: RIO) could push higher today after iron ore prices jumped on Friday night. According to Fastmarkets, courtesy of the AFR, the spot iron ore price jumped 5.5% to US$102.39 a tonne. This was driven by concerns that Brazilian supply could be impacted by the coronavirus pandemic.

Austal rated as a buy.

The Austal Limited (ASX: ASB) share price could be going a lot higher from here according to analysts at Goldman Sachs. They have reiterated their conviction buy rating and lifted the price target on the shipbuilder’s shares to $4.08. Goldman is positive on the company due to its multi-year secured backlog of work and potential margin improvement.

More reading

• ASX investors brace to ride the next wave of “irrational exuberance”
• These were the best performing ASX 200 shares in May
• Buy these quality ASX dividend shares next week
• 3 five-star ASX 200 shares to buy in June
• What selling ASX shares means at tax time

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 Austal Limited. The Motley Fool Australia has no position in any of the stocks mentioned. 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.

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