3 ASX dividend shares with yields over 4% right now

Why should you pay attention to an ASX dividend share with a yield of at least 4% today? Two words: interest rates.

The Reserve Bank of Australia (RBA) has all-but promised us that the official cash rate will stay at its current record low of 0.1% until at least 2024.

That means that we can all expect lousy returns from any cash or fixed-interest investment until then. Thus, a 4% dividend yield from an ASX share could be a good way to escape this morass of low yields.

So here are 3 ASX dividend shares that offer grossed-up yields of 4% or greater on today’s pricing:

3 ASX dividend shares with a 4% yield or greater

Commonwealth Bank of Australia (ASX: CBA)

CBA, like all of the ASX banks, was hit hard in the coronavirus-induced…