There aren't too many ASX 200 dividend shares that I think are worth buying for income, but I think the two shares in this article are good options.
Shares like Telstra Corporation Ltd (ASX: TLS) have shown that simply going for the biggest dividend yields with limited growth prospects is not a great idea for consistent or growing income.
That's why I'm attracted to the following two shares:
Brickworks Limited (ASX: BKW)
Brickworks is one of the largest building products businesses in Australia. Some of the products that it offers are bricks, precast concrete panels, pavers, roofing tiles and timber products.
It also has a major holding of the investment conglomerate Washington H. Soul Pattinson and Co. Ltd (ASX: SOL).
Brickworks recently bought one of the larger brick businesses in the US called Glen Gery, which opens up another avenue of growth for the company.
Over the past two decades it has been one of the most reliable dividend payers on the ASX. It has maintained or increased its dividend each year since 1999. It currently has a grossed-up dividend yield of 4.6%.
InvoCare Limited (ASX: IVC)
InvoCare is Australia and New Zealand's largest funeral operator. That may seem morbid, but it has been a great investment for shareholders. Over the past 15 years the share price is up nearly 500% due to organic growth and acquisitions.
The dividend has increased every calendar year since 2006, which provides excellent income security.
Its share price has fallen about 37% since its all-time high due to price competition worries, a lower death rate and its renovation plans.
I think the renovation plans are actually a good idea. It's brightening up all of its locations to be celebratory and modern, which is what families want. This could lead to sustainable earnings per share (EPS) growth of 10% per annum according to management.
InvoCare currently offers a trailing dividend yield of 5.7%.
Foolish takeaway
I believe both Brickworks and InvoCare can grow their dividends for many years to come due to the sectors they operate in and long-term focus of management.
