Business
3 blue chip ASX dividend shares with big yields
Luckily in this low interest rate environment, there are a number of blue chip shares offering investors generous yields.
Three blue chips that are highly rated right now for income investors are listed below. Here’s what you need to know:
Australia and New Zealand Banking GrpLtd (ASX: ANZ)
With the worst now seemingly behind the banks, investors have been piling into the sector again in recent months. The good news is that it may not be too late to invest and still generate a generous yield. According to a note out of Morgans, now that dividend restrictions have been removed, its analysts are forecasting a $1.27 per share dividend in FY 2021. This represents a fully franked 5.2% yield. Morgans has an add rating and $26.00 price…
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