Business
2 ASX 200 shares worth buying for income
There are some businesses in the S&P/ASX 200 Index (ASX: XJO) that have relatively high dividend yields and a history of increasing those payments for shareholders.
With the Reserve Bank of Australia (RBA) official interest rate at almost 0%, it’s hard to generate any meaningful returns from cash in the bank.
Here are two businesses with a track record of growing dividends:
APA is one of the largest infrastructure shares on the ASX. It owns a vast gas pipeline network around Australia, it reportedly supplies around half of the country’s natural gas.
The ASX 200 share also has a number of renewable energy investments, as well as gas assets such as storage.
APA has a long record of distribution increases for shareholders – it…
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