2 ASX dividend shares that could be buys in August 2021 fool.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com.au Daily Mail and Mail on Sunday newspapers.
Here are 2 top ASX dividend shares that could provide steady passive income
Soul Patts and Charter Hall Long WALE REIT both have been paying steady income.
Tristan Harrison has been a contributor to The Motley Fool since October 2016. He has an advanced diploma from the Association of Accounting Technicians (UK) and is currently studying to be a Chartered Institute Management Accountant. Tristan s goal is to help Australians learn about the great businesses listed on the ASX that will help grow their portfolio, wealth and confidence about investments over the long term. He s a keen tennis fan and can t wait for the next Australian Open to roll around.
Coles Group Ltd (ASX: WES), David Jones and
The ASX dividend share recently made some more acquisitions, which included spending $135.2 million on a 33.3% tenants in common title interest in the
Myer Holdings Ltd (ASX: MYR) Bourke Street Mall property in the Melbourne CBD. Those combined acquisitions had a passing yield of 5.1% and a long WALE of 11.2 years.
With a 100% distribution payout ratio, it’s expecting FY21 operating earnings per share (EPS) of 29.2 cents – that represents a distribution yield of 6%. Operating EPS is then expected to grow by another 4.5% in FY22.
It’s currently rated as a buy by Citi with a price target of $5.30.
Image source: Getty Images
At the start of each week I like to look at ASIC’s short position report to find out which shares are being targeted by short sellers.
This is because I believe it is well worth keeping a close eye on short interest levels as high levels can sometimes be a sign that something isn’t quite right with a company.
With that in mind, here are the 10 most shorted shares on the ASX this week according to ASIC:
Kogan.com Ltd (ASX: KGN) is back as the most shorted ASX share after its short interest rebounded week on week to 11.5%. This ecommerce company has been struggling with inventory issues. Short sellers don’t appear to believe they are going away despite recent lockdowns potentially boosting sales.