Business
2 blue chip ASX dividend shares you can buy in April
With interest rates unlikely to be going higher in the near future, ASX dividend shares look set to remain the best place to earn a passive income.
But which ASX dividend shares should you buy? Two blue chips that are highly rated are listed below:
The first ASX dividend share to consider is BHP. This mining giant is expected to generate significant free cash flow in the near term thanks to very favourable commodity prices.
For example, due to sky high iron ore and copper prices, during the first half of FY 2021, the Big Australian reported a 15% increase in revenue to US$25.64 billion and a 21% jump in underlying EBITDA to US$14.7 billion. This led to BHP generating US$5.2 billion of free cash flow, with the vast majority of it…
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