The best dividend shares to buy in November

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%.

Analyst picks out his best dividend share for 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 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.

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