The best dividend shares to buy in November

The ANZ Bank (ASX:ANZ) dividend is one of three I would buy in November. Here's why…

| More on:
a woman

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

A new month is upon us and what better time to look at making changes to our portfolios, especially after October's market volatility.

If you're an income investor and in search of dividends, I think these shares would be great additions. Here's why:

Australia and New Zealand Banking Group (ASX: ANZ)

If you're considering an investment in the banks after their significant declines, then next month might be the time to make a move. Next week ANZ Bank will release its full year results and declare its final dividend. Traditionally the bank's shares trade ex-dividend in the middle of the month, meaning investors won't have to wait long for that first pay check. At present ANZ Bank's shares offer a trailing fully franked 6.4% yield.

National Storage REIT (ASX: NSR)

One of my favourite dividend options on the local market is this self-storage giant. Despite the recent market selloff, National Storage's units have exhibited low levels of volatility and are still trading within touching distance of their 52-week high. I think this is a great quality in the current environment. Furthermore, even though they are close to their high, they still offer a very generous trailing distribution yield of 5.7%. I expect this to distribution to grow in FY 2019 due to its expansion plans and the growing demand for its services.

Rural Funds Group (ASX: RFF)

Another of my favourite dividend options is this real estate investment trust. As its name implies, Rural Funds has a focus on agricultural assets. It owns a total of 44 properties across six different sectors including wine, cattle, and almond production. The properties have a weighted average lease expiry of 12.3 years, providing income stability and long-term rental growth via a mix of indexation mechanisms. In FY 2019 the Rural Funds board intends to pay a distribution of 10.43 cents per unit, equating to a forward yield of 4.9%.

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended RURALFUNDS STAPLED. 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.

More on ⏸️ Income

⏸️ Income

2 quality ASX dividend shares to buy today

Here's why Coles Group Ltd (ASX:COL) and this ASX dividend share could be quality options for income investors right now...

Read more »

piles of australian one hundred dollar notes
⏸️ Income

Got money to invest for dividends? Here are 2 ASX shares

Do you have some money to invest ASX shares for dividends? One idea could be shoe business Accent Group Ltd…

Read more »

man handing over wad of cash representing ASX retail capital return
⏸️ Income

2 top ASX dividend shares to buy for your income portfolio

BWP Trust (ASX:BWP) and this top ASX dividend share could be great options for your income portfolio. Here's why...

Read more »

a woman
⏸️ Income

2 ASX 200 shares to buy for income

The 2 S&P/ASX 200 Index (ASX:XJO) shares could be worth buying for income, including Premier Investments Limited (ASX:PMV).

Read more »

⏸️ Income

2 ASX dividend shares to buy with yields above 4%

These 2 ASX dividend shares have yields above 4% and could be worth buying for income including Brickworks Limited (ASX:BKW).

Read more »

ASX expensive defensive shares man carrying large dollar sign on his back representing high P/E ratio or dividend
⏸️ Income

2 blue chip ASX dividend shares in the buy zone

Westpac Banking Corp (ASX:WBC) and this blue chip ASX dividend share could be top options for income investors right now...

Read more »

A row a pink piggy banks ranging in size from small to big, indicating ASX share price and dividends growth CBA bank dividend increase
⏸️ Income

Brokers rate these 2 ASX dividend shares as buys

These 2 ASX dividend shares are rated as buys by brokers, including the REIT Growthpoint Properties Australia Ltd (ASX:GOZ).

Read more »

blockletters spelling dividends bank yield
⏸️ Income

2 high yield ASX dividend shares to buy next week

Here's why Telstra Corporation Ltd (ASX:TLS) and this high yield ASX dividend share could be top options for income investors...

Read more »