Business
2 defensive ASX dividend shares for income
In this article are two defensive ASX dividend shares that pay reliable income.
The Reserve Bank of Australia (RBA) decided this week to maintain the official interest at just 0.10%.
Here are two ASX dividend shares that pay reliable income to shareholders:
Rural Funds is an agricultural real estate investment trust (REIT).
It owns a diversified portfolio of farming assets. The ASX dividend share has cattle farms, vineyards, almond farms, macadamia farms and cropping properties (sugar and cotton). It currently has 61 properties.
The properties are spread across different states and climactic conditions to add additional diversification to its real estate portfolio.
Most of Rural Funds’ tenants are large and listed entities. Some…
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