The two
S&P/ASX 200 Index(ASX: XJO) shares in the article are expected to pay a relatively high dividend yield in FY22.
Some businesses have been impacted heavily by COVID-19, but some of them are still generating a high level of cashflow which can fund cash returns to shareholders.
These are two ASX 200 dividend shares that might offer a higher yield for investors in 2021:
This is one of the larger real estate investment trusts (REIT) on the ASX. As the name may suggest, it specialises in owning retail properties.
It’s currently rated as a buy by the brokers at
Convenience mall owner reinstates guidance on shopping boom
Share
Net profit ($m) 82.8 v 66.7
Interim dividend 10.7c v 14.5c, payable on February 26
Charter Hall Retail REIT reinstated full-year earnings guidance after a record six months of leasing activity in the second half of 2020 as shoppers flocked back to its $3.5 billion portfolio of supermarket-anchored convenience malls.
In August, the trust which trades under the ticker CQR, said it would not provide earnings guidance for the 2021 financial year citing “current COVID-19 uncertainty and its associated impacts”. The full-year distribution would be determined by operating cash flow.
But after completing a record 224 leasing deals at higher rents over the six months to December, and as supermarket turnover surged and specialty tenant performance improved, CQR forecast full-year operating earnings guidance of no less than 27.3¢ a unit “barring any unforeseen circumstances or further extended COVID-19 lockdowns and