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 News17 hours agoAttorney-General appeals ‘plainly unjust’ sentence for teen who caused triple fatal crash
-
Noosa News24 hours agoSXSW Sydney Unlocked – Concrete Playground
-
General15 hours agoVictorian Department of Energy, Environment and Climate Action to cut 350 jobs
-
Business16 hours agoWhat is Macquarie’s price target for Evolution Mining shares after its FY25 result?