Insights

2 quality ASX dividend shares for income investors

Here’s why BWP Trust (ASX:BWP) and this ASX dividend share could be quality options for income investors…
The post 2 quality ASX dividend shares for income investors appeared first on The Motley Fool Australia. –

If you’re wanting to bolster your portfolio with some dividend shares, then the two listed below could be worth considering.

Here’s what you need to know about these ASX dividend shares:

BWP Trust (ASX: BWP)

The first ASX dividend share to look at is BWP Trust. It is a commercial property company with a focus on warehouses.

The vast majority of its properties are leased to hardware giant Bunnings Warehouse. In fact, BWP is the largest owner of Bunnings properties, with a total of 68 warehouses leased to the retailer.

This has proven to a hugely successful move. With demand for home improvement products growing strongly and government stimulus supporting the industry, Bunnings continues to grow its sales at a solid rate, allowing BWP to collect its rent as normal during the pandemic.

This strong form has also allowed the BWP board to reaffirm its plans to pay a full year distribution of ~18.3 cents per share in FY 2021. Based on the current BWP share price of $4.24, this equates to a generous 4.3% dividend yield.

Integral Diagnostics Ltd (ASX: IDX)

Another ASX dividend share to consider is Integral Diagnostics. It is a medical imaging service provider that operates from a total of 72 radiology clinics across Australia.

Integral Diagnostics has been a strong performer in FY 2021 despite the pandemic. During the six months ended 31 December, the company reported a 29.5% increase in revenue to $170.7 million and a 61.1% jump in net profit after tax to $23.2 million.

While its shares don’t provide the largest dividend yield you’ll find on the Australian share market, it is growing each year and has been tipped to continue doing so. 

For example, analysts at Goldman Sachs are expecting dividends per share of 11.4 cents, 13.9 cents, and 15.4 cents over the next three years. This will mean yields of 2.4%, 2.9%, and 3.2%, respectively.

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.

Returns As of 15th February 2021

More reading

2 ASX dividend shares with generous yields

2 growing ASX dividend shares for income investors

How to turn $20k into $200,000 with ASX shares

These ASX dividend shares offer generous fully franked yields

2 ASX dividend shares with 4%+ yields

The post 2 quality ASX dividend shares for income investors 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!