Business
3 reasons why Rural Funds (ASX:RFF) is a strong ASX dividend share
Rural Funds Group (ASX: RFF) could be one of the most compelling ASX dividend shares available to Aussie investors.
Rural Funds is a farmland landlord operating through a real estate investment trust (REIT) structure.
Here are three reasons why Rural Funds could be considered as such a strong ASX dividend share:
1: Diversification
Owning Rural Funds shares isn’t like owning one farm in one location. Its properties are spread across five sectors: cattle, cropping (cotton and sugar), vineyards, almonds and macadamias.
Not only are the farms diversified by farm type, but they are also spread across different states and different climactic conditions. So far, its farms are located in five different states.
The recent tough drought…
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