Business
2 ASX dividend shares with yields over 8% today – Motley Fool Australia
Fortescue Metals Group Limited (ASX: FMG) is one of the 2 ASX dividend shares offering a fully franked yield of more than 8% today
This week, the Reserve Bank of Australia (RBA) gave Australians yet another interest rate cut, slashing 15 basis points from the cash rate, which now stands at yet another record low of 0.1%. This unprecedented action from the RBA highlights both the growing impotence of cash and fixed-interest investments (if they can be called that these days), as well as the importance of owning dividend-producing shares in an income-focused portfolio. So to aid in this endeavour, here are 2 ASX dividend shares…
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