There were some small ASX shares that released their results at the end of reporting season, revealing some big upcoming dividend payments.
Businesses that are small are sometimes priced at a lower earnings multiple than if they were large, despite being earlier on in their growth journey. A lower earnings multiple/share price boosts the dividend yield for investors.
Here are two small ASX shares that just reported big dividends:
This business is a real estate investment trust (REIT) that’s operated by 360 Capital Group Ltd (ASX: TGP). 360 Capital REIT just reported its FY21 half-year result.
It was previously generating earnings by making real estate loans, but all direct real estate loans ($42.4 million) have now repaid as a…