Business
Forget term deposits and buy these ASX dividend shares
At present, Westpac Banking Corp (ASX: WBC) is offering investors interest rates of just 0.35% per annum on five-year term deposits. This is broadly in line with what the rest of the banks are offering.
This means that even if you put $100,000 into them, you would earn interest of just $350 each year.
The good news is that there are a great number of dividend shares on the Australian share market that offer significantly better yields. Two such examples are listed below:
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