Business
3 ASX shares growing the dividend rapidly – Motley Fool Australia
Here are 3 ASX shares, including Kogan.com Ltd (ASX:KGN) that are growing their dividends rapidly, much quicker than inflation.
There are some ASX shares that are growing their dividends rapidly, much faster than the current inflation rate.
Dividends are a way for businesses to reward shareholders whilst the company is growing over the long-term.
Whilst the starting dividend yield is low, the dividend growth over time can turn the yield on cost into a larger yield over time, whilst hopefully benefiting from capital growth.
Here are three of those ASX shares growing dividends at a fast pace:
In FY20 it grew its total dividend…
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