The Australian share market is expected to sink lower on Thursday following heavy declines on Wall Street overnight.
As these wild swings are becoming increasingly frequent right now, I think it could be worth looking at buying a few dividend shares that exhibit low levels of volatility.
Three that I believe tick a lot of boxes right now are listed below:
Dicker Data Ltd (ASX: DDR)
Although Dicker Data's shares have pulled back a touch this month, it has been nowhere near as severe as other areas of the market. Its shares are down around 2.5% since the start of October. So with the Dicker Data board intent on paying an 18 cents per share dividend this year, this decline means that the founder-led computer software and hardware wholesale distributor's shares now offer a fully franked forward 6.2% dividend.
National Storage REIT (ASX: NSR)
Despite the market drifting notably lower over the last few weeks, the National Storage unit price has remained strong and is actually nearing a 52-week high. Although its units have remained strong, they still provide investors with an above-average distribution yield. Based on its last close price, the self-storage giant offers income investors a trailing distribution yield of 5.7%. And thanks to its expansion plans I believe it is well positioned to grow its distribution over the coming years.
WAM Capital Limited (ASX: WAM)
The shares of this listed investment company are also trading within touching distance of their 52-week high. Despite this, they still offer one of the more generous dividend yields on the local market. Based on their last close price, WAM Capital's shares offer a trailing fully franked 6.3% yield. Given how the company has a knack of picking up undervalued growth shares, the current trading conditions could potentially be a positive for its funds.
