The Australian share market is expected to sink lower on Thursday following heavy declines on Wall Street overnight.
As these wild swings are becoming increasingly frequent right now, I think it could be worth looking at buying a few dividend shares that exhibit low levels of volatility.
Three that I believe tick a lot of boxes right now are listed below:
Dicker Data Ltd (ASX: DDR)
Although Dicker Data’s shares have pulled back a touch this month, it has been nowhere near as severe as other areas of the market. Its shares are down around 2.5% since the start of October. So with the Dicker Data board intent on paying an 18 cents per share dividend this year, this decline means that the founder-led computer software and hardware wholesale distributor’s shares now offer a fully franked forward 6.2% dividend.
National Storage REIT (ASX: NSR)
Despite the market drifting notably lower over the last few weeks, the National Storage unit price has remained strong and is actually nearing a 52-week high. Although its units have remained strong, they still provide investors with an above-average distribution yield. Based on its last close price, the self-storage giant offers income investors a trailing distribution yield of 5.7%. And thanks to its expansion plans I believe it is well positioned to grow its distribution over the coming years.
WAM Capital Limited (ASX: WAM)
The shares of this listed investment company are also trading within touching distance of their 52-week high. Despite this, they still offer one of the more generous dividend yields on the local market. Based on their last close price, WAM Capital’s shares offer a trailing fully franked 6.3% yield. Given how the company has a knack of picking up undervalued growth shares, the current trading conditions could potentially be a positive for its funds.
And here is a fourth dividend share to consider in FY 2019.
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 has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Dicker Data 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.