Business
2 ASX dividend shares for steady income in retirement
There are some ASX dividend shares that are paying steady, and growing, income to shareholders each year.
Some businesses cut their dividends in the 2020 calendar year such as Commonwealth Bank of Australia (ASX: CBA), BHP Group Ltd (ASX: BHP) and Transurban Group (ASX: TCL).
However, these two ASX dividend shares have continued increasing:
Rural Funds is an agricultural real estate investment trust (REIT) that owns a diversified farm portfolio.
A core aim for the management of Rural Funds is to grow the distribution by 4% per annum for investors.
It has grown the distribution by that 4% per annum since it listed several years ago. In increased its distribution during the COVID-19-affected 2020 year like clockwork. In FY21 it’s…
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