Earlier this month the Reserve Bank of Australia kept the cash rate on hold at a record low of 0.1%.
Unfortunately, it could be a long time until interest rates move higher from here, let alone back to normal levels.
In light of this, income investors look set to be better off sticking with dividend shares instead of term deposits or savings accounts.
But which dividend shares should you buy? Two top dividend to consider buying are listed below. Here’s why they could be great options in this low interest rate environment:
National Storage REIT (ASX: NSR)
The first option to consider is National Storage. This self-storage operator appears well-positioned to grow its income and distribution at a solid rate over the long term.