2 ASX dividend shares with yields over 5% right now

An ASX dividend share is worth more today than perhaps any time in living memory. With interest rates at record lows (near zero in fact), sources of yield outside the share market have more or less dried up.

Unlike in years gone by, investors who are nervous of the inherent volatility of the share market cannot turn to government bonds or term deposits to find a ‘safe’, inflation-beating yield.

Although the S&P/ASX 200 Index (ASX: XJO) and ASX shares are almost at their most expensive point today than at any time after the coronavirus-induced market crash of March 2020, there are still plenty of shares that offer decent, inflation-beating yields, some even exceeding 5%.

ASX dividend shares, of course, are not safe investments….