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2 high quality ASX dividend shares that smash term deposits

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With interest rates on term deposits likely to remain at low levels for many years to come, dividend shares remain a great way to earn a passive income.

But which dividend shares should you buy? Two quality options are listed below:

Australia and New Zealand Banking GrpLtd (ASX: ANZ)

With the banking sector over the worst of its issues, now could be a good time to invest if you don’t already have exposure to it. Especially given the booming housing market and the relaxing of responsible lending rules. This should be supportive of mortgage loan growth in the near term.

Another positive is that APRA has removed all dividend payment restrictions. This is likely to lead to some generous dividend payments over the coming years,…



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