2 ASX shares with huge fully franked yields

With the interest rates on offer from traditional interest-bearing assets at record lows, it certainly is a tough time to be an income investor.

But don’t worry because the Australian share market is home to a large number of dividend shares with far better yields. Two to take a closer look at are listed below:

Fortescue Metals Group Limited (ASX: FMG)

If you’re looking for very large yields and don’t mind investing in the resources sector, then Fortescue could be worth a look. It is one of the world’s leading iron ore producers and boasts some of the lowest costs in the industry.

At present Fortescue is pulling iron ore out of the ground with a C1 cost of just US$12.74 per wet metric tonne. This compares to the current…