2 small ASX shares that just reported big dividends

There were some small ASX shares that released their results at the end of reporting season, revealing some big upcoming dividend payments.

Businesses that are small are sometimes priced at a lower earnings multiple than if they were large, despite being earlier on in their growth journey. A lower earnings multiple/share price boosts the dividend yield for investors.

Here are two small ASX shares that just reported big dividends:

This business is a real estate investment trust (REIT) that’s operated by 360 Capital Group Ltd (ASX: TGP). 360 Capital REIT just reported its FY21 half-year result.

It was previously generating earnings by making real estate loans, but all direct real estate loans ($42.4 million) have now repaid as a…