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…