2 quality ASX dividend shares with 5%+ yields

With the interest rates on term deposits falling to ultra low levels, it has become very hard for investors to generate a sufficient income from this popular financial asset.

Fortunately, there are a good number of dividend shares which can replace your term deposits and provide you with generous yields.

Two to consider are listed below. Here’s what you need to know about them:

The Big Australian is one of the world’s largest miners and the owner of a portfolio of world class and low cost operations. With iron ore and copper prices trading at lofty levels and oil prices hitting nine-month highs this week, the company is in a great position to deliver another strong full year result in FY 2021.

Analysts at Macquarie certainly…