
With interest rates rising, income investors are understandably focused on yield.
But while term deposits may offer more than they did a few years ago, there are still ASX shares providing attractive forward yields, with the added benefit of potential capital growth.
Based on broker forecasts, the following four shares combined offer an average forward dividend yield of around 6%. Here’s what analysts are saying about them:
APA Group (ASX: APA)
The first ASX share to consider is APA Group. It owns and operates a portfolio of gas pipelines, storage facilities, and energy infrastructure assets across Australia. These assets are typically backed by long-term contracts, providing visible cash flow and supporting reliable distributions.
Macquarie is positive on the company and currently has an outperform rating and $9.23 price target on its shares. As for income, the broker is forecasting a dividend yield of approximately 6.4% in FY 2026.
Aurizon Holdings Ltd (ASX: AZJ)
Another ASX share worth considering for dividends is Aurizon. It operates one of Australia’s largest rail freight networks, transporting bulk commodities such as coal across key export corridors. While volumes can fluctuate, much of the company’s revenue is underpinned by long-term take-or-pay contracts.
Macquarie is also positive on this one. The broker recently put an outperform rating on Aurizon’s shares with a $3.77 price target.
With respect to dividends, the broker is expecting the company’s shares to deliver a yield of around 5.4% in FY 2026.
Dexus Industria REIT (ASX: DXI)
For investors wanting property exposure, the Dexus Industria REIT could be worth a closer look according to analysts. It focuses on industrial assets, including warehouses and logistics facilities, which continue to benefit from structural trends such as ecommerce and supply chain optimisation.
Bell Potter is feeling positive about the company’s outlook. It recently put a buy rating and $3.00 price target on the ASX share.
As for that all-important income, the broker is forecasting a dividend yield of approximately 6.6% in FY 2026, making it one of the higher-yielding names in this group.
Premier Investments Ltd (ASX: PMV)
The final ASX share to consider for income is Premier Investments. It is the owner of popular retail brands Smiggle and Peter Alexander, as well as a stake in Breville Group Ltd (ASX: BRG). These assets are consistently generating strong free cash flow, which is usually returned to shareholders in the form of dividends.
Macquarie is also positive on this one. It currently has an outperform rating and $16.20 price target on the shares.
As for income, the broker expects a fully franked dividend yield of approximately 5.8% in FY 2026.
The post 4 ASX shares to consider buying with an average dividend yield of 6% 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 positions in and has recommended Macquarie Group. The Motley Fool Australia has positions in and has recommended Apa Group and Macquarie Group. The Motley Fool Australia has recommended Premier Investments. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.