This was the week that ASX dividend shares proved their worth

It was an interesting week on the S&P/ASX 200 Index (ASX: XJO) and the ASX boards this week.

We started on Monday at 6,673 points, got all the way up to 6,854 points on Tuesday, and as of today (at the time of writing), we’re back down to 6,699 points, close to where we started. The more things change, the more they stay the same, I guess.

But one of the biggest movers and shakers on the ASX this week was ASX tech shares. Well, they certainly moved, and those moves had investors shaking in their boots. Take Afterpay Ltd (ASX: APT). The buy now, pay later (BNPL) pioneer was trading at $133.68 a share on Tuesday. Right now it’s $114.48 – a drop of more than 14% in just 3 days.

Zip Co Ltd (ASX: Z1P) fared even worse, down 17%…