Looking for attractive yields? Check out these dividend shares…
The post These ASX dividend shares have attractive yields appeared first on The Motley Fool Australia. –
Luckily in this low interest rate environment, there are a number of dividend shares offering investors decent yields.
Two ASX dividend shares that do just this are listed below. Here’s what you need to know about them:
Charter Hall Social Infrastructure REIT (ASX: CQE)
Charter Hall Social Infrastructure REIT is a real estate investment trust with a focus on social infrastructure. These are properties with specialist use, limited competition, and low substitution risk, such as bus depots, police and justice services facilities, and childcare centres.
In fact, in respect to the latter, the Charter Hall Social Infrastructure REIT is the largest owner of early learning centres in Australia. At the last count, it actively partnered with 35 high quality childcare operators.
Positively, the company has experienced strong demand for its properties, leading to a sky high occupancy rate. This underpinned a 14.1% increase in operating earnings to $29.1 million during the first half and allowed management to upgrade its FY 2021 distribution guidance to 15.7 cents per unit.
Based on the current Charter Hall Social Infrastructure share price, this represents a 4.3% yield.
Woolworths Limited (ASX: WOW)
Woolworths is the retail giant behind the BIG W, BWS, Dan Murphy’s, and eponymous Woolworths supermarkets.
It has also recently announced the demerger of its Endeavour Drinks business. This is expected to strengthen its balance sheet and lead to upwards of $2 billion of capital returns for shareholders.
In the meantime, Woolworths has been a positive performer in FY 2021 thanks to favourable trading conditions across much of the business. This is expected to lead to further dividend growth this year.
Macquarie is expecting a fully franked $1.06 per share dividend in FY 2021. Based on the current Woolworths share price, this will mean a 2.4% yield. While this isn’t the largest yield you’ll find, it looks well-placed to continue growing over the next decade.
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Returns As of 15th February 2021
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James Mickleboro does not own any shares 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 owns shares of and has recommended Woolworths Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.