Insights

3 ASX dividend shares to buy today

Super Retail Group Ltd (ASX: SUL) is one of the three fully franked ASX dividend shares to buy for income investors today.
The post 3 ASX dividend shares to buy today appeared first on The Motley Fool Australia. –

Happy young man and woman throwing dividend cash into air in front of orange background

With interest rates at record lows, it’s hard to find a good place to store your money these days if you want a decent return. Luckily, the ASX is full of dividend paying shares that give us a remedy for this malady. So here are 3 such shares to consider today:

3 ASX dividend paying shares to buy today

Washington H. Soul Pattinson and Co. Ltd (ASX: SOL)

Soul Patts is often considered one of, if not the best ASX dividend share on the market. That stems from its incredible record of paying said dividends. Soul Patts is the only ASX company to have a 20-year streak of increasing its dividend every year. That’s pretty impressive considering that encompasses the dot-com crash, the global financial crisis and now the coronavirus recession.

This company is a diversified conglomerate, owning shares of a range of quality ASX businesses. These include TPG Telecom Ltd (ASX: TPG), Brickworks Limited (ASX: BKW) and New Hope Corporation Limited (ASX: NHC). Soul Patts currently offers a trailing dividend yield of 2.86% on current pricing, or 4.09% grossed-up with Soul Patts’ full franking.

Super Retail Group Ltd (ASX: SUL)

Super Retail Group is probably a company that not too many Australians would be familiar with. And yet I’m sure it’s a different story for the businesses Super Retail owns. This company is the name behind household names like MacPac, Rebel Sport and Supercheap Auto and BCF.

This company has bounced back from the lows of last year very strongly with Super Retail shares are up around 144% over the past 12 months. That has still left its trailing dividend yield on offer today at a respectable 4.38% though. Grossed-up, that comes to 6.26% with full franking.

Premier Investments Limited (ASX: PMV)

Premier is another ASX dividend share to consider, and another retail company as well. It’s the name behind the popular Aussie retail chains of Peter Alexander and Smiggle, as well as the Just Jeans and JayJays brands.

Like Super Retail, Premier Investments has managed to bounce back well from the COVID lows of last year. And well too. In its earnings report that we saw last month, this company reported net profits after tax of $188.2 million, which was up 88.9% from the prior period.  No wonder the Premier share price is up more than 113% over the past 12 months. This company’s dividend isn’t quite at Super Retail’s level, but it still offers a fully franked trailing yield of 2.62% on current pricing. That grosses-up to 3.74% with the franking.

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 15th February 2021

More reading

Motley Fool contributor Sebastian Bowen owns shares of Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia owns shares of and has recommended Brickworks, Premier Investments Limited, Super Retail Group Limited, and Washington H. Soul Pattinson and Company Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

The post 3 ASX dividend shares to buy today 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!