Business
Forget Westpac’s term deposits and buy these ASX dividend shares – Motley Fool Australia
Forget term deposits offered by Westpac Banking Corp (ASX:WBC) and buy these ASX dividend shares instead next week…
At present, Westpac Banking Corp (ASX: WBC) is offering 0.7% per annum yields on its 12-month term deposits. This is broadly in line with what other banks are offering.
This means that even if you invested $1 million into these term deposits, you’d only get $7,000 of income from them annually.
Fortunately, the Australian share market is home to a number of ASX dividend shares which offer vastly superior yields.
Three dividend shares which I think would be great as part of a balanced income po…
-
Noosa News22 hours agoNew self-serve style chip shop, Chip ‘n’ Mix, in Noosa becomes an instant obsession
-
General22 hours agoPoliticians asked how to Trump-proof Australia’s fragile economy on Q+A
-
General22 hours agoAsia stocks plunge, HK suffers steepest fall since 1997
-
Noosa News12 hours agoSudden death investigation, Maroochydore – Sunshine Coast