With interest rates likely to crash to new lows next year, I think now would be a good time for income investors to think about how they plan to generate sufficient income in 2020.
Five top dividend shares that I think would be great options for investors next year are listed below. Here’s why I rate them as buys:
Macquarie Group Ltd (ASX: MQG)
If you’re not keen on the big four banks then I think Macquarie could be a good way to gain exposure to the banking sector. Especially with its shares down almost 14% from their 52-week high. This means its shares currently offer a partially franked dividend yield of 4.8%.
National Storage REIT (ASX: NSR)
National Storage is one of the largest self-storage providers in the ANZ market with a total of 164 centres. Thanks to a combination of increasing demand, development projects, and its growth through acquisition strategy, I believe it is well-placed to grow its distribution over the coming years. At present its shares offer a forward yield of around 6%.
Scentre Group (ASX: SCG)
Scentre Group is the company that owns all the Westfield properties in the ANZ region. Due to the quality of these assets and the strong demand it has for tenancies, I believe the company is well-placed to grow its distribution at a steady rate over the next few years. At present its units offer a trailing 5.6% distribution yield.
Super Retail Group Ltd (ASX: SUL)
Super Retail is the retail group behind brands including Rebel and Super Cheap Auto. It overcome tough trading conditions in FY 2019 to deliver a 7% increase in profit. This allowed the company to increase its dividend to 50 cents per share fully franked. Which equates to a 5.5% dividend yield.
Transurban Group (ASX: TCL)
This toll road giant could be a great option for income investors due to the quality of its assets, its strong pricing power, and long track record of distribution increases. In FY 2020 the company intends to increase its distribution by 5.1% to 62 cents per security. This equates to a forward 4.2% forward yield.
And here are three dividend shares that a leading analyst just rated as buys for FY 2020.
With interest rates likely to stay at rock bottom for months (or YEARS) to come, income-minded investors have nowhere to turn... except dividend shares. That’s why The Motley Fool’s top analysts have just prepared a brand-new report, laying out their top 3 dividend bets for 2019.
Hint: These are 3 shares you’ve probably never come across before.
They’re not the banks. Not Woolies or Wesfarmers or any of the “usual suspects.”
We think these 3 shares offer solid growth prospects over the next 12 months. Each of these three companies boasts fully franked yields and could be a great fit for your diversified portfolio. You’ll discover all three names and codes in "The Motley Fool’s Top 3 Dividend Shares for 2019."
Even better, your copy is free when you click the link below. Fair warning: This report is brand new and may not be available forever. Click the link below to be among the first investors to get access to this timely, important new research!
The names of these top 3 dividend bets are all included. But you will have to hurry. Depending on demand – and how quickly the share prices of these companies move – we may be forced to remove this report.
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Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Macquarie Group Limited and Transurban Group. The Motley Fool Australia owns shares of Super Retail Group Limited. The Motley Fool Australia has recommended National Storage REIT and Scentre 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.
The Motley Fool's purpose is to help the world invest, better. Click here now for your free subscription to Take Stock, The Motley Fool's free investing newsletter. Packed with stock ideas and investing advice, it is essential reading for anyone looking to build and grow their wealth in the years ahead. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson. 2019