Insights

2 ASX dividend shares offering generous yields in 2021

Super Retail Group Ltd (ASX:SUL) and this ASX dividend shares are tipped to provide generous dividend yields in 2021…
The post 2 ASX dividend shares offering generous yields in 2021 appeared first on The Motley Fool Australia. –

Hand drawing growing Dividends investment business graph with blue marker on transparent wipe board.

Are you looking for some dividend options for your portfolio? Then check out the two ASX shares listed below.

Both have been tipped to provide investors with very generous dividend yields in 2021:

Charter Hall Social Infrastructure REIT (ASX: CQE)

Charter Hall Social Infrastructure REIT is the largest Australian ASX-listed real estate investment trust that invests in social infrastructure properties.

It targets ongoing capital growth by focusing on assets with specialist use, limited competition, and low substitution risk. This is expected to drive high tenant retention rates over the long term. In addition to this, it looks for strategic locations with high underlying land values and those with a triple net structure with minimal capex leakage.

The Charter Hall Social Infrastructure REIT is Goldman Sachs’ preferred pick in the space. It has a conviction buy rating and $3.35 price target on its shares. The broker is expecting a 15 cents per share dividend in FY 2021. Based on the latest Charter Hall Social Infrastructure REIT share price, this represents a 4% yield.

Super Retail Group Ltd (ASX: SUL)

Another dividend share to look at is Super Retail. It is the retail group behind popular store brands such as Macpac, Rebel, and Super Cheap Auto.

It has been a positive performer in FY 2021 despite the lockdowns in Victoria. During the first 17 weeks of the financial year, the company delivered 25% growth in both total and like for likes sales. It also reported strong momentum in its digital channels, with online sales growth of 132% and Click & Collect representing 44% of its year to date total online sales.

One broker that is a fan of the company is Citi. It has a buy rating and $13.10 price target on the company’s shares. It is also forecasting a 63.5 cents per share fully franked dividend in FY 2021. Based on the latest Super Retail share price of $10.48, this equates to a 6% yield.

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 6th October 2020

More reading

Motley Fool contributor James Mickleboro 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 has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

The post 2 ASX dividend shares offering generous yields in 2021 appeared first on The Motley Fool Australia.

Trade The World Anywhere & Anytime!

Mobile app platform with over 50,000 global listed securities across 12 markets (over 70% global market capitalisation), right from your Android or iOS device.

Integrated with exclusive trading idea and investment analysis tools to help you find actionable insight on virtually every financial instrument across our 12 global markets, to help you optimise your trading strategies.

Refer Your Friends

Tell your friends about Monex and gift them FREE access to our trading tools.

We respect your privacy and will only send this one email notification to your friends. 

Share With Your Friends

Share on facebook
Share on twitter
Share on linkedin

Monex Trading Tools Access and Usage Terms

The Monex Trading Tools (referred to as ‘tools’ hereafter) are available to you inside your client portal;


To activate access to the tools, you must have a verified and approved trading account and have made a deposit of at least AUD $1000.


An active and funded account with a positive trading balance is required to continue to have access to the tools;


Although the tools are available to you indefinitely, Monex Securities may at it’s discretion disable access to the tools in the future;


Monex securities reserves the right to change these terms and conditions from time to time, as it sees fit, without notice.

Important Notice
iOS & Android App - 12 International Markets & Over 70% Global Market Cap. $0 Brokerage On US Trades. Click Here!