Business
3 ASX shares with large dividend yields
In this article are three ASX shares with large dividend yields.
The Reserve Bank of Australia (RBA) recently decided to reduce the official interest rate to 0.10%.
These ASX shares offer higher dividend yields than what bank saving accounts are offering:
Pacific Current Group Ltd (ASX: PAC)
This is a business that invests in boutique asset management. Indeed, it aims to partner with “exceptional” investment managers. It combines its capital with strategic business development through bespoke economic structures.
According to the ASX, Pacific has a market capitalisation of $302 million.
In FY20 it grew by 40% to $0.35 per share. This was funded by underlying earnings per share growth of 18% to $0.44 per share. That means at…
-
Noosa News17 hours agoNRL grand final quick hits: Reece Walsh creates magic after avoiding sin bin as Broncos survive Hunt, Reynolds injuries to win premiership
-
General17 hours agoHow the internet reacted to Brisbane Broncos winning the NRL grand final
-
Noosa News9 hours agoNew playground equipment encourages children to learn through ‘risky play’
-
General6 hours agoThree youths in police custody after fire at Ashley Youth Detention Centre in northern Tasmania