2 ASX dividend shares with 4%+ yields

BWP Trust (ASX:BWP) and this ASX dividend shares offer investors yields greater than 4%. Here's what you need to know about them…

| More on:
large block letters depicting four percent representing high yield asx dividend shares

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

If you're wanting to beat low interest rates in 2021, then you might want to look at the dividend shares listed below.

They offer investors attractive yields that are vastly superior to term deposits and savings accounts. Here's what you need to know about them:

BWP Trust (ASX: BWP)

The first ASX dividend share to look at is BWP Trust. It is a commercial property company with a focus on Bunnings Warehouse sites. At the last count, it owned a total of 68 properties that were leased to the home improvement giant, making it the largest Bunnings landlord.

Thanks to the strong demand for home improvement products due to a redirection in consumer spending and government stimulus, Bunnings has proven to a fantastic tenant for BWP. It has enjoyed high occupancy rates and been able to collect its rent as normal this year.

This led to BWP reporting a 6% increase in profit during the first half, allowing the BWP board to reaffirm its plans to pay a full year distribution of ~18.3 cents per share. Based on the current BWP share price, this equates to a 4.35% dividend yield.

Rural Funds Group (ASX: RFF)

Another ASX dividend share to consider is Rural Funds. It is an Australian agricultural property company with a portfolio of high quality assets.

These properties are leased to some of the biggest players in the agricultural sector on long term agreements. And with these leases including periodic rental increases, the company is well-positioned to deliver on its target of 4% growth in its distribution each year.

In FY 2022, Rural Funds intends to reward its shareholders with a distribution of 11.73 cents per share. This will be up 4% on FY 2021's distribution. Based on the current Rural Funds share price of $2.42, this will mean a yield of 4.8%.

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended RURALFUNDS STAPLED. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

More on Dividend Investing

Two smiling women doing a jigsaw puzzle.
Dividend Investing

Buy these ASX dividend shares for passive income

Analysts think these shares could be top picks for income investors.

Read more »

Delighted adult man, working on a company slogan, on his laptop.
Communication Shares

3 reasons to buy this quality dividend-paying ASX 200 stock today

A leading fund manager expects more near-term outperformance from this ASX 200 dividend stock.

Read more »

Middle age caucasian man smiling confident drinking coffee at home.
Dividend Investing

These dirt cheap ASX dividend stocks could rise 25% to 30%

Analysts think big returns could be on offer from these income stocks.

Read more »

many investing in stocks online
Dividend Investing

Expecting volatility? Two ASX dividend shares with 5-10% yields

These investment options come with a healthy passive income stream. 

Read more »

Australian dollar notes in the pocket of a man's jeans, symbolising dividends.
Dividend Investing

Buy these top ASX dividend shares for market-beating 5% to 6% yields

These shares are being tipped as buys by analysts for income investors.

Read more »

Worried ASX share investor looking at laptop screen
Dividend Investing

This ASX dividend share has a 9.5% yield. Here's why it might be a trap

Is this 9.5% yield too good to be true?

Read more »

A senior investor wearing glasses sits at his desk and works on his ASX shares portfolio on his laptop.
Dividend Investing

An ASX dividend share yielding 6% to consider buying today before it's too late

Not many shares offer this kind of yield right now...

Read more »

A senior investor wearing glasses sits at his desk and works on his ASX shares portfolio on his laptop2
Dividend Investing

Why I think these 2 ASX dividend shares offer great buying right now

These two stocks could be two of the best dividend stocks to buy today…

Read more »