
Fortunately for investors that are focused on income, the ASX offers a number of dividend shares with attractive yields.
While high dividend yields can sometimes signal risk, that’s not always the case.
There are companies out there with solid business models and cash flows that support reliable distributions. The key is identifying those that can sustain their payouts over time.
Here are three ASX dividend shares that currently offer dividend yields over 5%.
APA Group (ASX: APA)
The first ASX dividend share to consider is APA Group.
It owns and operates energy infrastructure assets, including gas pipelines that play a critical role in Australia’s energy network.
Its revenue is supported by long-term contracts, which provides a high level of visibility over future cash flows. This supports consistent distributions and makes it a popular option for income-focused investors.
APA is forecasting a dividend of 58 cents per share in FY 2026. This equates to a dividend yield of 5.8% based on its current share price.
With a yield comfortably above 5% and a long track record of increases, APA offers a blend of stability and income that could suit long-term portfolios.
HomeCo Daily Needs REIT (ASX: HDN)
Another ASX dividend share that could be worth considering is HomeCo Daily Needs REIT.
This property company focuses on retail assets that are tied to essential services, such as supermarkets, healthcare providers, and convenience-based shopping centres.
This positioning means demand for its properties tends to remain steady across economic cycles. In fact, at present it boasts an occupancy rate of 99%.
Rental income from these assets supports regular distributions, which have historically underpinned attractive dividend yields to investors.
This is expected to be the case again in FY 2026, with management guiding to an 8.6 cents per share dividend. Based on its current share price of $1.22, this would mean a 7% dividend yield.
For those seeking income with a defensive tilt, HomeCo Daily Needs REIT could be worth considering.
IPH Ltd (ASX: IPH)
A third ASX dividend share that could be worth a look is IPH.
It operates in the intellectual property services space, providing patent and trademark services across multiple jurisdictions through a large number of brands.
IPH has a long history of generating strong cash flow, which has supported consistent dividends over time.
The consensus estimate is for IPH to pay a fully franked 37.6 cents per share dividend in FY 2026. Based on its current share price of $3.49, this equates to a dividend yield over 10%.
Overall, as well as a big yield, IPH offers something a little different compared to traditional income sectors like infrastructure and property.
The post 3 ASX dividend shares to buy for 5.8%, 7%, and 10% yields appeared first on The Motley Fool Australia.
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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 no position in any of the stocks mentioned. The Motley Fool Australia has positions in and has recommended Apa Group. The Motley Fool Australia has recommended HomeCo Daily Needs REIT and IPH Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.