Beat low rates with these 3 dividend stars

412

As many readers will be more than aware, the general consensus is that Reserve Bank is unlikely to be in a position to raise rates until next year at the earliest.

And even when it does start to raise rates, I suspect it will be a long time until rates hit the lofty levels of a decade ago.

While this is great news for borrowers, it certainly isn’t for savers. But the good news is that the Australian share market has got your back.

Here are three top dividend shares that could be worth buying today:

Aventus Retail Property Fund (ASX: AVN)

Aventus is a retail property group which has a portfolio of retail parks with high quality long-term tenants such as Domayne, Harvey Norman Holdings Limited (ASX: HVN), and Nick Scali Limited (ASX: NCK). At present, based on its distribution policy and full-year funds from operations guidance, I estimate that its shares provide a monstrous full-year 7.4% yield.

Super Retail Group Ltd (ASX: SUL)

I think this retail conglomerate could be a good option for investors after its sizeable share price decline over the last 12 months. This decline has not only left its shares trading at a lowly 11x trailing earnings, but also means its shares offer a trailing fully franked 6% dividend now. While there is a touch of uncertainty over the poor performance of its Leisure segment and management’s decision to add to it through the acquisition of Macpac, I’m willing to give them the benefit of the doubt on this one.

Westpac Banking Corp (ASX: WBC)

Investors that don’t already have exposure to the banks might want to consider snapping up Westpac’s shares. I thought its recent half-year result was the best in the sector and believe it is well positioned to build on it in the second-half. So with its shares trading on multiples well below their historic averages and providing a trailing fully franked 6.3% dividend, now could be an opportune time to pick them up.

 

Here’s how you can strike it rich in the share market…

The best way to strike it rich in the share market is to buy shares that are not only cheap, but growing quickly.

Combining countless hours of research with over 30 years of hands-on stock market investing experience, The Capital Club’s founder Bruce Jackson has just published his definitive list of 3 Cheap and Good ASX Stocks for 2018.

Best of all, the report is absolutely free, exclusively for readers of The Capital Club.

In this comprehensive free report, you’ll find the name of one ASX gold stock that’s not only profitable, but trading at less than 4 times forecast profits.

You’ll also discover the name of a company one fund manager has called the cheapest stock in the ASX 100, and you’ll read about the three catalysts that could push the share price higher in the next six months.

Finally, the report names one of the cheapest retailers trading on the ASX, a company that just picked up the assets of a distressed competitor on the cheap, paying just 2 times earnings. No wonder one top fund manager thinks its share price could at least double.

With the share prices of each of these 3 companies having the potential to double or more, you’ll want to act now. Simply click here or the button below, enter your email address, and this free report will be instantly sent to you.

See the 3 stocks