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3 ASX dividend shares for income investors to buy today

man placing business card in pocket that says dividends signifying asx dividend shares
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Fortunately in this low interest rate environment, there are plenty of quality dividend shares trading on the Australian share market.

Three which I would buy today are listed below. Here’s why I think they are top options for income investors:

Accent Group Ltd (ASX: AX1)

Accent is the company behind retail store brands such as Athlete’s Foot, HYPE DC, and Platypus. It was a positive performer in FY 2020 despite the pandemic and posted a 7.5% increase in net profit after tax to $58 million. I’m confident there will be more of the same over the coming years thanks to its expansion plans, strong online business, and its on trend offering. In FY 2021, I expect the company to pay a 9 cents per share fully franked dividend. Based on the current Accent share price, this equates to a 5.7% dividend yield.

Dicker Data Ltd (ASX: DDR)

Dicker Data is a wholesale distributor of computer hardware, software, and cloud solutions to a partner base of over 5,500 resellers. It distributes a wide portfolio of products from the world’s leading technology vendors. This includes Cisco, Citrix, Dell, HP, Lenovo, Microsoft, and other Tier 1 global brands. Demand for this offering has been strong in recent years, underpinning solid earnings and dividend growth. This has continued in FY 2020 and put the company in a position to increase its dividend materially. Based on the current Dicker Data share price, it offers a forward fully franked 4.6% yield.

National Storage REIT (ASX: NSR)

National Storage is a leading self storage operator and could be a great option for income investors. Although the company is expecting its earnings to be flat at best in FY 2021, I still expect it to provide investors with a generous yield. After which, I’m optimistic a combination of organic growth and its growth through acquisition strategy will support solid earnings and distribution growth in the years that follow. Based on the current National Storage share price, I estimate that it offers a forward 4.2% distribution yield.

Man who said buy Kogan shares at $3.63 says buy these 3 ASX stocks now

When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

In this FREE STOCK REPORT, Scott just revealed what he believes are the 3 ASX stocks for the post COVID world that investors should buy right now while they still can. These stocks are trading at dirt-cheap prices and Scott thinks these could really go gangbusters as we move into ‘the new normal’.

*Returns as of 6/8/2020

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 Accent Group. 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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