3 dividend shares fit for the Queen

A Queen deserves only the best the world has to offer.

So it goes without saying that if the Queen asked for three dividend shares to add to her investment portfolio, you’d give her the best — especially on her birthday weekend!

But which three ASX dividend shares would be fit for the Queen?

Crown Resorts Ltd (ASX: CWN)

Every Queen needs a Crown!

In the year ahead, Australia’s premier casino and entertainment resort operator, Crown Resorts, is expected to pay a dividend equivalent to a yield of 4.7% with partial franking.

Crown Resorts has an enviable track record of paying dividends, with its cash return to shareholders increasing every year since 2009.

What’s more, the company is showing no sign of slowing down. With a number of promising projects in the pipeline, including at Barangaroo South in Sydney and Alon in Las Vegas, Crown Resorts is expected to generate healthy profit growth in the medium-term.

Commonwealth Bank of Australia (ASX: CBA)

It is The Commonwealth Bank, after all!

The aptly named Commonwealth Bank has long held the mantle as Australia’s top financial institution. The envy of its peers, CommBank has leadership positions in many of the country’s most lucrative financial markets. Moreover, it continues to go from strength to strength in terms of both dividends and profit growth.

The $129 billion bank has proven to be one of the most stable dividend-paying shares on the entire ASX, having reduced its annual dividend only once in the past two decades.

So with a 5.5% fully franked dividend up for grabs, this bank has the Queen’s name written all over it.

Class Ltd (ASX: CL1)

The Queen is never at a loss of class and elegance.

Class Ltd could prove to be one of the best dividend shares of tomorrow. With a market capitalisation of just $370 million, Class is tiny but its growth potential is mighty.

The junior technology firm provides cloud-based software solutions for wealth platforms which are used by SMSFs, accountants, and financial advisors. Although the firm is new to the ASX, its shares have already climbed 77% higher in 2016.

And while the interim dividend payment was a modest 1 cent per share, the payout could be expected to increase along with profits over the long-term.

Foolish Takeaway

It’s a little bit of fun to imagine yourself having to pick just three investments for the Queen on her birthday weekend. However, it can actually serve as a reminder that we, individual investors, are not compelled to buy every share on the ASX.

Indeed, we should treat every day as a special day for our investment portfolios and only ever buy the very best shares for ourselves.

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Motley Fool Contributor Owen Raszkiewicz does not have a financial interest in any company mentioned in this article. You can follow Owen on Twitter @ASXinvest.

The Motley Fool Australia owns shares of Class Limited. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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