Are you looking to add to your income portfolio in the near future? If you are, then you might want to look at the ASX dividend shares listed below.
Here's what you need to know about them:
National Storage REIT (ASX: NSR)
The first ASX dividend share to look at is National Storage. It is one of the ANZ region's largest self storage operators with a total of over 200 centres. From these centres, it tailors self-storage solutions to residential and commercial customers.
National Storage looks well-placed for growth in the coming years. This is thanks to its development and acquisition plans and the favourable housing cycle. In respect to the latter, a thriving housing market traditionally leads to solid demand for self-storage solutions. This could bode well for the coming years.
Based on the current National Storage share price and its guidance for FY 2021, its shares currently offer a forward 3.6% distribution yield.
Telstra Corporation Ltd (ASX: TLS)
Another ASX dividend share to consider buying is Telstra. After a few years of well-documented struggles, this telco giant's outlook is improving greatly.
This due to rational competition, the easing NBN headwind, its T22 strategy, the arrival of 5G internet, and its plan to split into three separate businesses. The latter is expected to simplify its operations and allow Telstra to take advantage of potential monetisation opportunities, unlocking value for shareholders.
Goldman Sachs is a fan of Telstra and its separation plans. It recently reaffirmed its buy rating and $4.00 price target on the company's shares.
The broker also continues to forecast the company paying a 16 cents per share fully franked dividend for the foreseeable future. Based on the current Telstra share price, this will mean a very attractive 4.7% dividend yield over the next 12 months.
