Business
3 ASX dividend shares with BIG yields
There are a few ASX dividend shares out there with much higher dividend yields than most of the market.
High yield businesses come with the normal points of risks and rewards. Plenty of high yield dividends may not stay high yield forever.
These businesses currently have a high dividend yield for shareholders:
Nick Scali is an ASX dividend share that is now paying a much bigger payout than a few years ago. The FY21 interim dividend payout was the same size as the entire payout in FY18.
The board of Nick Scali implemented a 60% increase of the dividend to 40 cents per share after underlying earnings per share (EPS) grew by 99.5% to 50 cents.
Not only did revenue increase by 24.4% to $171.1 million, but the underlying earnings…
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