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2 cheap stocks on the ASX offering more than 8% dividend yields

2 cheap stocks on the ASX offering more than 8% dividend yields
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.

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This ASX dividend share is forecast to pay a 9% yield in 2026

This ASX dividend share is forecast to pay a 9% yield in 2026
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Income investors: 3 ASX dividend shares that could rally in 2024

Income investors: 3 ASX dividend shares that could rally in 2024
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.

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Retirees: 2 high-yield ASX dividend shares to buy for passive income

Retirees: 2 high-yield ASX dividend shares to buy for passive income
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Brokers rate these 2 ASX dividend shares as buys


Brokers rate these 2 ASX dividend shares as buys
Tristan Harrison | March 14, 2021 10:04am |
More on:
There are quite a few ASX dividend shares that brokers rate as buys at the moment.
Good dividend income is in high demand with how low interest rates are right now. Indeed, the official cash rate of the Reserve Bank of Australia (RBA) is almost at 0%.
ASX dividend shares could be the answer, but there are only a certain number that are worth buying according to those brokers.
Here are two of them:
Broker Credit Suisse currently rates Growthpoint as a buy, with a share price target of $3.54 for the property business.

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These were the worst performing ASX 200 shares last week


Vicinity Centres(ASX: VCX) shares tumbled lower last week.
The GUD share price was out of form last week and dropped 4.2% lower over the shortened week. On Friday the automotive and water products company completed the acquisition of the ACAD business from
AMA Group Ltd(ASX: AMA) for $70 million. This excludes the ACM Auto Parts and Fluiddrive businesses. Given that its shares have underperformed since announcing the deal, investors may not be overly convinced with the purchase.
The QBE share price wasn’t far behind with a 3.7% decline. The insurance giant’s shares have come under pressure recently after it provided its guidance for FY 2020. QBE expects to report an adjusted net cash loss after tax of approximately $780 million. This includes a pre-tax impact of $470 million from COVID-19 costs. There are also additional claims from trade credit, lenders’ mortgage insurance, casualty classes and business interruption.

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