These blue chip ASX dividend shares offer 5%+ yields // Motley Fool Australia

Fortunately, in this low interest rate environment, the share market is home to plenty of shares offering generous yields.

For example, two ASX blue chip shares that have prospective yields of over 5% are listed below. Here’s what you need to know about them:

BHP is one of the world’s largest and highest quality miners in the world. The Big Australian has a collection of world class, low cost assets across a diverse range of commodities which continue to generate significant free cash flows. This certainly is the case for its iron ore and copper operations, which are benefiting greatly from sky high prices.

One broker that is expecting bumper free cash flows from BHP in FY 2021 is Macquarie. And the good news for shareholders…