Business
2 ASX dividend shares with generous yields
With interest rates at record lows and unlikely to go higher for some time, it is increasingly difficult for income investors to earn a sufficient income from traditional interest-bearing assets.
Fortunately, the Australian share market has come to the rescue with a large number of dividend shares offering generous yields.
Two ASX dividend shares with above-average yields are listed below:
BWP Trust is the owner of 68 Bunnings Warehouse sites across Australia. Thanks to the strength of the Bunnings business, BWP has been able to collect its rent largely as normal during the pandemic. This, combined with an increase in the fair value of its assets, led to the company reporting a 24.4% increase in full year profit to $210.6 million…
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