2 high yield ASX dividend shares to buy today

Aventus Group (ASX:AVN) and this ASX dividend share could be top options for income investors right now. Here's why…

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If you're interested in bolstering your portfolio with some dividend shares, then the two listed below could be worth considering.

Here's what you need to know about these ASX dividend shares:

Aventus Group (ASX: AVN)

Aventus is a fully integrated owner, manager, and developer of large format retail centres. Unlike many other retail landlords, it has been performing very positively over the last 12 months. This has been driven by its exposure to the household goods sector and everyday needs.

Solid demand for its properties and strong rental collections ultimately led to Aventus' funds from operations (FFO) increasing 6.5% to $55.9 million during the first half. Positively, more of the same is expected in the second half.

This went down well with Goldman Sachs, which reiterated its buy rating and $3.04 price target on its shares. The broker is also forecasting a 16.6 cents per share full year dividend. Based on the latest Aventus share price of $2.86, this represents a very attractive 5.8% dividend yield.

Rural Funds Group (ASX: RFF)

Rural Funds is the owner of a diverse portfolio of high quality agricultural assets across five sectors: almonds, cattle, vineyards, cropping and macadamias. These assets are leased on ultra long term leases to highly experienced operators such as Select Harvests Limited (ASX: SHV) and Treasury Wine Estates Ltd (ASX: TWE).

Last month the company released its half year update and revealed a result in line with expectations. This means the company is on course to deliver on its FY 2021 distribution guidance of 11.28 cents per share. In addition to this, management revealed its distribution plans for next year. It intends to increase its distribution by its target rate of 4% to 11.73 cents per share.

Based on the current Rural Funds share price, this will mean yields of 4.7% and 4.9%, respectively.

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 and Treasury Wine Estates Limited. The Motley Fool Australia has recommended AVENTUS RE UNIT. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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