Business
2 buy-rated ASX dividend shares for income investors to snap up
Thankfully in this ultra-low interest rate environment, the Australian share market is home to a large number of dividend shares for investors to choose from.
Two ASX dividend shares that could be great options for income investors are listed below. Here’s why they come highly rated:
Fortescue Metals Group Limited (ASX: FMG)
Fortescue is one of the world’s leading iron ore producers and appears well-placed to deliver another robust result in FY 2021. This is thanks to its record shipments, ultra-low C1 production costs of US$12.74 per wet metric tonne, and the sky high iron ore price.
In respect to the latter, the iron ore price has been tipped to climb beyond US$180 a tonne next month. This is being driven by strong demand in…
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