MENU

3 high-yielding dividend shares for income investors

With an average dividend yield of approximately 4%, I think the Australian share market is a great place to find a source of income in this low interest environment.

Three shares that I feel would be great options are listed below. Here’s why I like them:

Accent Group Ltd (ASX: AX1)

This footwear retailer’s shares currently offer investors a trailing fully franked 4.1% dividend. While this isn’t the biggest yield on the market, I think it could widen meaningfully in the future thanks to its expansion plans and the strength of its exclusive and popular licensed brands. However, there are concerns in the short term that its shares could come under pressure when 36,842,105 fully paid shares that were issued to the shareholders of Hype DC are released from escrow on August 4. That’s around 36x the average daily volume of shares traded. I would suggest investors look to seize on any notable selloff.

Aventus Retail Property Fund (ASX: AVN)

Aventus is a specialist fund and asset manager of large format retail centres (retail parks) in Australia. Across its 20 centres the company has blue chip tenants including the likes of Bunnings and Officeworks. I believe these tenants are less likely to close or default on rent, supporting its earnings and distribution growth. At present its shares provides investors with a trailing 7.2% distribution yield, well beyond the market-average.

Westpac Banking Corp (ASX: WBC)

While bank shares are out of favour at the moment due to concerns over the cooling housing market and the negative news flow out of the Royal Commission, I believe these concerns have been baked into their shares. This could arguably make it a good time to consider gaining a little bit of exposure to the banks if you don’t already have it. Especially with their shares providing such generous yields. Westpac, my pick of the banks, currently offers investors a trailing fully franked 6.4% dividend.

DON'T MISS: Our #1 dividend pick to grow your wealth over the new financial year is revealed for FREE here!

Financial year 2019 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 has recommended AVENTUS RE UNIT. 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…

Including:

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!