Business
3 ASX dividend shares with yields above 5%
There are some ASX dividend shares that have yields of more than 5%.
Higher yields may be attractive to some income-seeking investors that are struggling to find yield.
Here are some examples of businesses with yields of more than 5%:
Tassal Group Limited (ASX: TGR)
Tassal is Australia’s largest fish business. It has a large salmon segment and also a steadily-growing prawn division.
According to the ASX, Tassal has a market capitalisation of $721 million. At the current Tassal share price, it has a grossed-up dividend yield of almost 6%.
In FY20 the company generated earnings before interest and tax (EBIT) growth of 12.7% to $99.8 million and 13.3% growth of operating net profit after tax (NPAT) growth of 13.3% to $64.2 million….
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