Insights

2 ASX shares with generous dividend yields

Aventus Group (ASX:AVN) and this ASX dividend share offer investors generous dividends. Here’s what you need to know…
The post 2 ASX shares with generous dividend yields appeared first on The Motley Fool Australia. –

man handing over wad of cash representing microsoft dividend

Last month the Reserve Bank of Australia opted to cut the cash rate down to a record low of 0.1%.

This was another blow for income investors, who will have to contend with even lower rates in 2021.

But don’t worry, the Australian share market is home to countless dividend shares that offer better yields than term deposits and savings accounts.

Two great examples of this are listed below:

Aventus Group (ASX: AVN)

Aventus is the largest fully-integrated owner, manager, and developer of large format retail centres in Australia. At the last count, it had a portfolio of 20 centres valued at $2.2 billion. Its portfolio spans 536,000m2 in gross leasable area and comprises a diverse tenant base of 593 quality tenancies.

From these, national retailers represent 87% of the total portfolio. This includes retailers such as ALDI, Bunnings, and The Good Guys. Thanks to the quality of its tenancies and its high weighting to everyday needs, Aventus has been a positive performer this year despite the pandemic.

One broker that has been impressed is Macquarie. Last month its analysts put an outperform rating and $2.93 price target on its shares. The broker is also forecasting a dividend of 16.7 cents per share. Based on the current Aventus share price, this represents a 6% yield.

National Storage REIT (ASX: NSR)

National Storage is one of the ANZ region’s leading self-storage operators. Over the last few years, the company has been growing at a solid rate. This has been driven by its strong position in a fragmented market and its successful growth through acquisition strategy. In addition to this, new revenue streams, such as allowing small businesses to run their operations from Wi-Fi-enabled units, has also supported its growth.

Another solid result is expected in FY 2021. Management recently confirmed that it expects to report underlying earnings per share of 7.7 cents to 8.3 cents. It also advised that it intends to pay 90% to 100% of its earnings to shareholders as distributions. Based on the middle of both guidance ranges and the current National Storage share price, this equates to a 3.8% 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 has recommended AVENTUS RE UNIT. 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 shares with generous dividend yields 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!