Business
These ASX dividend shares offer income investors attractive yields // Motley Fool Australia
With interest rates continuing to slide, the yields on offer with traditional interest-bearing assets are at lower than imaginable levels now.
The good news is that the Australian share market is home to a good number of shares offering significantly better yields.
Two ASX dividend shares that offer above average yields are listed below:
This leading supermarket operator has been one of only a handful of companies that have been able to grow their dividends in 2020. This was driven by its very strong performance in FY 2020 following favourable changes to consumer behaviour during the pandemic. Coles reported a 6.9% increase in sales to $37.4 billion and a 7.1% lift in net profit after tax to $951 million. This positive form has…
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