Business
Got money to invest? Here are 3 ASX dividend shares to buy
Do you have some money to invest into ASX dividend shares? There are three ideas in this article.
The official Reserve Bank of Australia (RBA) interest rate is now just 0.1%. That means the interest return from the bank is less than the rate of inflation.
With that in mind, here are three ASX dividend shares:
Brickworks is biggest brickmaker in Australia and it’s one of the biggest building products businesses in the country. Aside from bricks, it sells things like masonry, paving, roofing and precast.
It is also the leading brickmaker in the north east of the US after making some acquisitions such as Glen Gery.
Brickworks funds its dividend purely from the cashflow of its investments. It has two main asset segments.
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