2 ASX dividend shares with massive yields over 8% today

Finding an ASX dividend share offering a yield of 4% or more today is not too difficult. You can look to Telstra Corporation Ltd (ASX: TLS), JB Hi-Fi Limited (ASX: JBH) or Super Retail Group Ltd (ASX: SUL) for that kind of dividend.

But an 8% yield or higher? That is a far rarer creature. Often when an ASX share gets priced with a dividend of more than 8%, it can be a cause of concern. After all, most investors wouldn’t leave a yield like that on the vine without good cause. But the following 2 ASX dividend shares indeed offer a yield of that magnitude. So let’s dig into what’s on offer here.

2 ASX dividend shares with yields of 8% today

Fortescue Metals Group Limited (ASX: FMG)

After an incredible 2020 which saw the…