Business
3 small ASX dividend shares with big yields
There are some ASX dividend shares that have big dividend yields.
Some businesses are quite a bit smaller than the biggest companies on the ASX. Shares like Commonwealth Bank of Australia (ASX: CBA) and BHP Group Ltd (ASX: BHP) have market capitalisations of more than $100 billion.
These stocks have much smaller capitalisations, but they still have large yields:
Adairs is one of the largest retailers of furniture and homewares in Australia.
Using the market capitalisation from the ASX, it’s valued at $646 million.
The ASX dividend share has a trailing grossed-up dividend yield of 4.3%. In FY21, Commsec has numbers projecting that Adairs will pay an annual dividend of $0.21 per share, equating to a forward grossed-up dividend…
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