Business
3 ASX dividend shares with yields above 5% – Motley Fool Australia
The three ASX dividend shares in this article have dividend yields above 5%. 1 example of a high-yield share is Magellan Financial (ASX:MFG).
Some investors may be turning to ASX dividend shares to boost their income in this era of very low interest rates.
The Reserve Bank of Australia (RBA) has pushed the official interest rate to almost 0%. But ASX dividend shares are known for offering higher yields than bank accounts.
Here are three examples of businesses that have dividend yields of 5% or more:
Magellan Financial Group Ltd (ASX: MFG)
This is a funds management business which has billionaire Hamish Douglass at the helm as both the…
-
Noosa News19 hours agoYoung voices shape Sunshine Coast’s future
-
Business19 hours ago2 Low Cost Active ASX ETFs to consider
-
Noosa News17 hours agoSudden death investigation, Maroochydore – Sunshine Coast
-
General23 hours agoUS stocks sink further as Donald Trump urges Americans to be ‘courageous and patient’