Business
2 high quality ASX 50 shares for your retirement portfolio
If you’re looking at options for your retirement portfolio, then the ASX 50 index could be a great place to start your search.
The ASX 50 index is a large cap index which represents 50 of the largest and most liquid shares listed on the Australian share market based on their float-adjusted market capitalisation.
But which ASX 50 shares would be good options for retirees? The two listed below are highly rated:
Coles could be a quality ASX 50 share for retirees to own. This is due to its solid long term growth potential, cost cutting, generous dividend policy, and defensive qualities. The supermarket giant has displayed the latter during the pandemic, delivering solid earnings and dividend growth despite the crisis.
And while it…
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