3 high-yield dividend shares I want in my portfolio

With an average dividend yield of 4%, the Australian share market is one of the most generous in the world. Which certainly is helpful for income investors in this low interest environment.

But with so much choice, it can be hard to decide which dividend shares to buy.

To help you on your way, I’ve picked out three dividend stars I think are worth a closer look. They are as follows:

National Storage REIT (ASX: NSR)

Even though National Storage shares are closing in on an all-time high, they still offer income investors an above-average trailing distribution yield of approximately 5.5%. Thanks to its expansion and redevelopment plans, I believe the storage giant is in a position to continue to grow its dividend over the coming years, potentially making it one of the best dividend shares on the market right now.

Super Retail Group Ltd (ASX: SUL)

This retail conglomerate has also seen its share price rally notably higher over the last few months. But despite the strong gain, its shares still provide a trailing fully franked 5.5% dividend. Furthermore, its shares are changing hands at a reasonably cheap 12x estimated full-year earnings. I think this could make it a bargain buy if the company’s acquisition of the popular Macpac brand turns around the performance of its struggling Leisure segment.

Westpac Banking Corp (ASX: WBC)

The banks are amongst the most unloved shares on the market at the moment, but I don’t expect that to last too long at current prices. With almost all the big four’s shares changing hands on lower than historic average multiples, I think they are attractively priced for patient investors. Especially given the yields on offer. My preference remains Australia’s oldest bank, Westpac. At present its shares offer a generous trailing fully franked 6.3% dividend.

OUR #1 dividend pick for FY 2019 is revealed for FREE here!

Financial year 2018 is here and The Motley Fool’s dividend detective Andrew Page has revealed his must buy dividend share to grow your wealth in 2018.

You might not know this market leader's name, but it's rapidly expanding into a highly profitable niche market here in Australia. Even better, the shares boast a strong, fully franked dividend that should balloon in the years to come. In other words, we're looking at the holy grail of incredible long-term growth potential AND income you can watch accruing in your account in real time!

Simply click here to grab your FREE copy of this up-to-the-minute research report on our #1 dividend share recommendation now.

Motley Fool contributor James Mickleboro owns shares of Westpac Banking. The Motley Fool Australia owns shares of Super Retail Group Limited. The Motley Fool Australia has recommended National Storage REIT. 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 Scott Phillips.

The 5 mining stocks we’re recommending in 2019…

For decades, Australian mining companies have minted money for individual investors like you and me. But if you believe the pundits and talking heads on TV, those days are long gone. Finito! Behind us forever…

We say nothing could be further from the truth. To earn the really massive returns, you’ve got to fish where others aren’t fishing—and the mining sector could be primed for a resurgence. That’s why top Motley Fool analysts just revealed their exciting new research on 5 ASX miners they believe could help you profit in 2019 and beyond…


The best way we see to play the global zinc shortage… Our #1 favourite large-cap miner (hint: it’s not BHP)… one early-stage gold miner we think could hit the motherlode… Plus two more surprising companies you probably haven’t heard of yet!

For free access to our brand-new research, simply click here or the link below. But be warned, this research is available free for a limited time only, and we reserve the right to withdraw it at any time.

Click here for your FREE report!