If you're looking to add some income options to your portfolio, then the three ASX dividend shares listed below could be top options.
Here's why I think these shares would be great options for income investors:
Aventus Group (ASX: AVN)
I think that Aventus could be worth considering. It is the largest fully integrated owner, manager and developer of large format retail centres in Australia. It currently owns a portfolio of 20 centres valued at $2.1 billion. Through this portfolio it has a diverse tenant base of 590 quality tenancies, with national retailers representing 87% of its total portfolio. This includes the likes of Chemist Warehouse, The Good Guys, Officeworks, and Bunnings. Thanks to solid demand for its tenancies, I believe it is well-positioned for income and distribution growth over the coming years. At present, I estimate that its shares offer a forward 6% distribution yield.
Helloworld Travel Ltd (ASX: HLO)
Another option for income investors to consider buying is Helloworld. I think the integrated travel company would be a good option for investors due to its solid growth prospects and generous dividend yield. Helloworld has started the new financial year on a positive note. It recently reported first quarter EBITDA growth of 7.7%. I believe this puts the company in a strong position to deliver solid profit and dividend growth in FY 2020. At present its shares offer a trailing fully franked 4.5% dividend yield.
Telstra Corporation Ltd (ASX: TLS)
A final share for income investors to consider buying is Telstra. The telco giant has had a tough few years but appears well-placed for a return to growth in the not so distant future. This is thanks to its significant cost cutting plans, the near completion of the NBN rollout, the arrival of 5G internet, and improving trading conditions. As a result of this, I believe the dividend cuts are now over and 16 cents per share is the bottom. This equates to a fully franked 4.3% dividend yield.
