ASX Top Real Estate Dividend Stocks – Garda Diversified Property Fund And More
Performance in the real estate sector generally tracks the economic cycle. During periods of high growth and inflation, real estate investments usually post strong returns. However, during an economic bust, these investments tend to underperform. These factors drive the profitability and cash flows of real estate companies, which in turn steer the dividend payout and yield for investors. During economic growth, these companies provide an opportune time to increase your portfolio income through dividends. I’ve identify the following real estate stocks paying high income, which may increase the value of your portfolio.
Garda Diversified Property Fund (ASX:GDF)
GDF has a sumptuous dividend yield of 7.90% and the company has a payout ratio of 48.72% , and analysts are expecting a 96.37% payout ratio in the next three years. GDF’s dividend is not only above the low risk savings rate, but also amongst the top dividend payers in the market. The company has a lower PE ratio than the AU REITs industry, which interested investors would be happy to see. The company’s PE is currently 6.2 while the industry is sitting higher at 7.3. Dig deeper into Garda Diversified Property Fund here.
AVJennings Limited (ASX:AVJ)
AVJ has a great dividend yield of 6.76% and their current payout ratio is 53.70% . While the yield has dropped at times in the last 10 years, dividends per share during this time have increased overall from $0.03 to $0.05. More on AVJennings here.
Villa World Limited (ASX:VLW)
VLW has an appealing dividend yield of 6.90% and pays out 56.89% of its profit as dividends . VLW is among the markets top 25% of dividend payers, which is certainly enticing for interested investors. Dig deeper into Villa World here.
For more solid dividend payers to add to your portfolio, you can use our free platform to explore our interactive list of top dividend payers.
To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned.
