This article is about three top ASX dividend shares that are known for their income payments to investors.
The official Reserve Bank of Australia (RBA) interest rate is now just 0.25%, meaning that many dividend yields are now materially higher.
Here are three ASX dividend shares that have kept increasing the dividend through COVID-19:
Rural Funds is an agricultural real estate investment trust (REIT) that owns a variety of farm types including cattle, almonds, macadamias, vineyards and cropping (sugar and cotton).
The business enters into long leases with high-quality tenants to ensure income certainty. It currently has a weighted average lease expiry (WALE) of more than 10 years.
Some of the ASX dividend share’s tenants…