If you're looking for some ASX dividend shares to help you overcome low interest rates, then you might want to look at the ones listed below.
Here's what you need to know about these highly rated dividend shares:
Australia and New Zealand Banking GrpLtd (ASX: ANZ)
The first dividend share to consider is ANZ. It could be a top option for investors with limited exposure to the bank sector thanks to its strong position in business banking. This gives ANZ some protection from the aggressive competition in retail banking for home loans.
The team at Morgans continues to be very positive on the bank. At present, the broker has an add rating and $31.00 price target on its shares. This compares to the current ANZ share price of $28.39.
As for dividends, Morgans is forecasting solid growth in its payouts over the coming years. It has pencilled in fully franked dividends per share of $1.47 in FY 2022 and then $1.64 in FY 2023. This implies yields of 5.2% and 5.8%, respectively.
Centuria Industrial Reit (ASX: CIP)
Another ASX dividend share to look at is Centuria Industrial. It is the largest domestic pure play industrial REIT with a portfolio of high-quality assets across key locations throughout Australia.
This includes the recent acquisition of eight freehold urban infill industrial assets for $351.3 million. These acquisitions expand Centuria Industrial's exposure across attractive industrial sub-sectors including distribution centres, cold storage, and transport logistics.
Macquarie is positive on the company and has put an outperform rating and $4.16 price target on its shares. In addition, the broker is forecasting a 17.3 cents per share distribution in FY 2022 and an 18.7 cents per share distribution in FY 2023.
Based on the current Centuria Industrial share price of $3.90, this will mean yields of 4.4% and 4.8%, respectively
