Business
2 ASX dividend shares with yields above 5%
ASX dividend shares with yields above 5% may be attractive in this environment considering how low interest rates are right now.
The Reserve Bank of Australia (RBA) interest rate is essentially 0%, which means that money in the bank is earning almost nothing.
Here are two real estate investment trusts (REITs) that have a relatively high dividend yield:
Rural Funds is a farmland landlord. It owns a variety of different farm types including cattle, almonds, macadamias, vineyards and cropping (cotton and sugar).
It has a number if high-quality tenants like JBS, Australian Agricultural Company Ltd (ASX: AAC), Stone Axe, Treasury Wine Estates Ltd (ASX: TWE), Olam and Select Harvests Limited (ASX: SHV).
Rural Funds recently provided…
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