2 ASX dividend shares to buy today for income // Motley Fool Australia

Owning ASX dividend shares that pay you a cash yield can be a wonderful experience. But in today’s near-zero interest rate environment, it has become even more important to aim for yield in one’s ASX share portfolio (if income is part of your investing objectives anyway).

Many investors are struggling with the realities of TINA these days – which stands for ‘There Is No Alternative’. Since interest rates are just 0.1% as of this month, investors looking for any kind of yield on capital pretty much have to turn to the share market (despite the risks). That’s because cash and bonds no longer provide any real returns at a cash rate of 0.1%.

So here are 2 ASX dividend shares that Motley Fool analysts rank as ‘buys’…