If you're looking to boost your income with some dividend shares, then the ones listed below could be worth considering.
Both dividend shares are expected to provide investors with attractive yields in the near term. Here's what you need to know about them:
Rural Funds Group (ASX: RFF)
The first ASX dividend share to look at is Rural Funds. It is an Australian agricultural property company with a portfolio of high quality assets. These properties, which are valued at $1.25 billion and leased to some of the biggest players in the sector, include almond and macadamia orchards, premium vineyards, water entitlements, cropping and cattle farms.
Earlier this month, Rural Funds released its half year results and reaffirmed its plan to pay a 11.73 cents per share distribution in FY 2022. It also confirmed that it aims to grow its distribution by its annual target rate of 4% to 12.2 cents per share in FY 2023.
Based on the current Rural Funds share price of $2.70 this will mean yields of 4.3% and 4.5%, respectively.
Telstra Corporation Ltd (ASX: TLS)
Another ASX dividend share that could be worth considering is this telco giant. It has been through a difficult time over the last decade, but at long last there is light at the end of the tunnel. In fact, Telstra recently released its half year results and delivered underlying earnings growth for the first time in years.
This allowed the telco to maintain its fully franked interim dividend at 8 cents per share, with another 8 cents per share final dividend expected in the second half. And with the company's T22 strategy bearing fruit and management expecting its upcoming T25 strategy to underpin solid growth, the outlook for the Telstra dividend has been improving greatly.
For now, though, the 16 cents per share dividend that Telstra expects to pay in FY 2022 equates to a yield of just over 4% based on the current Telstra share price.
