Expecting volatility? Two ASX dividend shares with 5-10% yields

These investment options come with a healthy passive income stream. 

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During unpredictable periods of market volatility, it can be a wise decision to have ASX dividend shares in your portfolio. 

This can help provide a steady income stream even if share price movements are all over the place. 

Stock market investors will be anxiously following Australian tariff news in the coming weeks ahead of the August 1 deadline.

Right now it seems that Australia will pay the 10% baseline tariff from next month. 

However we all remember the 'Liberation Day' stock market crash in April on the back of the US President's initial tariff announcement

Despite the quick bounce back for global markets, the wounds may still be fresh for some. 

If that's the case, and investors are anticipating more volatility following August 1, here are some ASX dividend shares offering strong yields and passive income. 

Spark New Zealand Ltd (ASX: SPK)

Spark New Zealand Ltd (ASX: SPK) is a New Zealand telecommunications and digital services company providing fixed-line and mobile telephone services, broadband, and digital technology services. 

It is one of three large integrated telecommunications groups in New Zealand.

Historically, it has paid two unfranked shareholder dividends a year.

At the time of writing, its yield is 10.43%. 

This means you would receive approximately $521.50 per year in dividends from a $5,000 investment.

Furthermore, broker Bell Potter has a target price of $2.57 on this ASX dividend share. 

This indicates there is upside for its stock price growth of around 12.23%. 

Inghams Group Ltd (ASX: ING)

Inghams Group Ltd (ASX: ING) is the largest vertically integrated poultry producer in Australia and New Zealand.

It supplies poultry products, notably to major Australian supermarkets Woolworths and Coles, and quick-service restaurants including McDonalds and KFC.

Historically, it has paid two fully franked shareholder dividends a year.

At the time of writing, this ASX dividend share offers a yield of 5.37%. 

You'd receive approximately $268.50 per year in dividends from a $5,000 investment at this yield. 

In addition to strong yields, its share price has risen 10.62% YTD. 

Motley Fool contributor Aaron Bell has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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