The ASX dividend income stock space looks like a smart place to look for income given their ability to provide stability and hopefully increase their underlying value over time.
The market may question how much long-term earnings growth certain companies in the tech sector can produce as AI develops further.
I’m optimistic that the following businesses can continue to provide positive investment returns and growing income.
Centuria Industrial REIT (ASX: CIP)
Industrial properties could be a smart move by investors looking for resilient income, given the importance of things like distribution centres and other logistics, refrigerated space and data centres.
This particular ASX dividend income stock owns a portfolio of industrial properties in high-demand areas, leading to low vacancy rates and stronger rental growth.
In the first half of FY26, the business reported that net operating income (NOI) grew 5.1%. Future rental growth looks compelling in the next several years with the portfolio under-rented by an average of around 20% – this can be reset as rental contracts come up for renewal.
It’s expecting to grow its FY26 funds from operations (FFO â rental profit) per security by up to 6% and the distribution per security is guided to increase by 3% to 16.8 cents. I think the business looks like a solid pick for resilient operating profit and distributions â its FY26 distribution equates to a 5.2% distribution yield, at the time of writing.
It looks cheap, with the unit price trading significantly below the net tangible assets (NTA) per unit of $3.95 as at 31 December 2025.
WAM Microcap Ltd (ASX: WMI)
This ASX dividend income stock is a listed investment company (LIC) that aims to make investment profits by investing in small-cap ASX shares.
The portfolio is not heavily exposed to the tech sector. In-fact, at the end of January 2026, only 15% of the portfolio was invested in the IT sector.
I view it as significantly diversified thanks to the fact that it’s invested in dozens of different businesses. Industrials (20.6%), consumer discretionary (18.7%) and financials (17.4%) all had a larger weighting in the portfolio.
But, this is not just a diversification play â it has performed admirably for investors. The portfolio has returned an average of 16.2% per year since June 2017, before fees, expenses and taxes. This has been enough to fund good dividends.
Pleasingly, it has increased its annual dividend every year between FY18 and FY25, aside from FY24 when it maintained the payout.
It’s expecting to grow its annual payout in FY26 slightly to 10.7 cents per share, translating into a potential grossed-up dividend yield of 9.4%, including franking credits.
The post 2 star ASX dividend income stocks for March 2026 appeared first on The Motley Fool Australia.
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Motley Fool contributor Tristan Harrison has positions in Wam Microcap. 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.