Want passive income? These ASX dividend stocks could help

If you are looking for passive income on the share market, then look no further than the three ASX dividend stocks named below.

They have been given buy ratings by brokers and are forecast to offer attractive dividend yields in the near term. Here’s what they are recommending:

Harvey Norman Holdings (ASX: HVN)

Harvey Norman could be an ASX dividend stock for income investors to buy.

It is of course a retail giant and a household name in furniture, electronics, and appliances. But what a lot of people may not know is that it also has one of the largest retail property portfolios in Australia.

Bell Potter is positive on the retailer and believes the market is overlooking its property portfolio.

It expects this portfolio and favourable trading conditions to underpin fully franked dividends of 30.9 cents per share in FY 2026 and then 35.3 cents per share in FY 2027. Based on its current share price of $7.00, this would mean dividend yields of 4.4% and 5%, respectively.

Bell Potter currently has a buy rating and $8.30 price target on its shares.

IPH Ltd (ASX: IPH)

A second ASX dividend stock that gets the seal of approval from analysts is IPH.

It is an international intellectual property (IP) services group with operations covering 26 IP jurisdictions. From its wide range of businesses, IPH services a diverse client base of Fortune Global 500 companies and other multinationals, public sector research organisations, small businesses, and professional services firms.

The team at Morgans remains positive on IPH and sees significant value in its shares and generous dividend yields on the horizon.

With respect to the latter, it is forecasting fully franked dividends of 37 cents per share in FY 2026 and FY 2027. Based on its latest share price of $3.39, this would mean 10.9% dividend yields for both years.

Morgans has a buy rating and lofty $6.05 price target on its shares.

Transurban Group (ASX: TCL)

Finally, Transurban is an ASX dividend stock that analysts are tipping as a buy.

This toll road giant owns and operates a number of important roads across Australia and North America. This includes CityLink in Melbourne and the Eastern Distributor in Sydney.

Citi believes its portfolio is position to support dividends per share of 69.5 cents in FY 2026 and then 73.7 cents in FY 2027. Based on its current share price of $14.65, this equates to dividend yields of 4.75% and 5%, respectively.

The broker currently has a buy rating and $16.10 price target on its shares.

The post Want passive income? These ASX dividend stocks could help appeared first on The Motley Fool Australia.

More reading

• These are the 10 most shorted ASX shares
• 5 things to watch on the ASX 200 on Monday
• Bell Potter names the best ASX retail stocks to buy
• Does Macquarie rate Transurban Group shares a buy, hold or sell?
• Up 50% in 2025, should you buy Harvey Norman shares before Christmas?

Citigroup is an advertising partner of Motley Fool Money. Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Transurban Group. The Motley Fool Australia has positions in and has recommended Harvey Norman and Transurban Group. The Motley Fool Australia has recommended IPH Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.