Insights

2 top ASX dividend shares with good yields

These ASX dividend shares offer good yields…
The post 2 top ASX dividend shares with good yields appeared first on The Motley Fool Australia. –

Although the outlook for interest rates is improving, it looks likely to be some time until rates rise to a sufficient level for income investors. In light of this, dividend shares could remain very important for income investors for a little while to come.

With that in mind, here are two dividend shares that offer good yields:

BWP Trust (ASX: BWP)

The first dividend share to look at is BWP. It is a commercial property company and the largest owner of Bunnings Warehouse sites in Australia.

Thanks to strong demand for hardware products and Bunnings being able to open during lockdowns, the hardware giant has been a positive performer over the last couple of years. This has allowed BWP to collect rent largely as normal during the entirety of the pandemic.

In FY 2021, BWP paid was able to pay shareholders a 18.29 cents per unit distribution. It also plans to pay a similar distribution in FY 2022. Based on the current BWP share price of $3.96, this will equate to a 4.6% dividend yield.

National Storage REIT (ASX: NSR)

Another dividend share to look at is National Storage. It is one of the ANZ region’s largest self-storage operators. It has a portfolio of over 210 centres providing tailored storage solutions to over 85,000 residential and commercial customers.

As with BWP, National Storage was on form in FY 2021. It delivered a 28% increase in underlying earnings to $86.5 million. This was driven by both organic growth and the benefits of acquisitions. This allowed the company to pay a full year distribution of 8.2 cents per share.

Management is guiding to 10% earnings growth in FY 2022. If it grows its dividend by the same margin, this will mean 9.02 cents per share. Based on the current National Storage share price of $2.48, this will mean a yield of 3.6%.

The post 2 top ASX dividend shares with good yields appeared first on The Motley Fool Australia.

Wondering where you should invest $1,000 right now?

When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for over ten years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

Scott just revealed what he believes could be the five best ASX stocks for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now.

*Returns as of January 12th 2022

More reading

Why this expert sees an opportunity for ASX property shares in 2022

2 ASX dividend shares with attractive yields

2 ASX dividend shares with attractive yields

Here are 2 ASX dividend shares with attractive yields

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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.

  • This field is for validation purposes and should be left unchanged.

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 - 12 International Markets & Over 70% Global Market Cap. $0 Brokerage On US & HK* Trades. Click Here!