Business
2 blue chip ASX dividend shares in the buy zone
Are you looking for some ASX dividend shares to add to your income portfolio?
Then you might want to take a look at the blue chip dividend shares listed below. Here’s what you need to know about them:
The first blue chip ASX dividend share to look at is Wesfarmers. It is the conglomerate behind a number of popular retail brands including Bunnings, Kmart, and Officeworks. It also owns a number of industrial businesses such as CSBP and Covalent Lithium.
Furthermore, it has a very strong balance sheet and the potential to add further value accretive acquisitions to its portfolio in the near future.
It was a strong performer during the first half of FY 2021. For the six months ended 31 December, Wesfarmers reported a 16.6%…
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