
Fortunately for income investors, there are a lot of ASX dividend shares to choose from on the Australian share market.
To narrow things down, let’s take a look at three that experts are tipping as buys, courtesy of The Bull. Here’s what they are recommending:
Charter Hall Long WALE REIT (ASX: CLW)
The team at Catapult Wealth thinks this property company could be an ASX dividend share to buy this week.
It likes the company due to its reliable income stream and generous dividend yield, explaining:
This Australian real estate investment trust reported solid first half results in fiscal year 2026, which were in line with expectations. Statutory earnings of $153.6 million increased 209 per cent compared to the prior corresponding period. Net tangible assets of $4.68 per security were up 2 per cent from June 30, 2025.
CLW’s share price has declined due to the re-emergence of inflation and its impact on interest rates and bond yields. CLW appeals for its reliable income stream. It was recently trading on a dividend yield above 6.5 per cent, supported by a high quality property portfolio with occupancy of 99.9 per cent and a weighted average lease length of more than nine years.
Wesfarmers Ltd (ASX: WES)
Over at Shaw and Partners, its analysts believe Wesfarmers could be an ASX dividend share to buy.
The broker is a fan of the Bunnings owner and believes it has one of the best management teams around. It believes this leaves it well-placed to continue creating value for investors. It said:
This industrial conglomerate remains one of the best managed companies in Australia. Its management team consistently demonstrates smart capital allocation and a disciplined acquisition strategy amid maintaining a strong oversight on operations across its diverse group of businesses. This quality of leadership gives me confidence that Wesfarmers can continue delivering long term value, even through changing economic conditions.
Its diversified revenue streams across retail, chemicals and industrial operations also provide resilience that few companies can match. The company posted its first half results for fiscal year 2026 on February 19. Revenue of $24.212 billion was up 3.1 per cent on the prior corresponding period. Statutory net profit after tax of $1.603 billion increased 9.3 per cent.
Woolworths Group Ltd (ASX: WOW)
Another ASX dividend share that is being recommended as a buy by Shaw and Partners is Woolworths.
It likes the supermarket giant due to its defensive qualities and dependable long-term outlook. It said:
The supermarket giant’s revenue base is remarkably consistent, supported by everyday essential spending. Even during softer economic periods, consumers continue to prioritise groceries and household staples, which helps stabilise WOW’s earnings. The company’s ongoing investment in digital shopping, supply chain improvements and customer experience initiatives should continue to support dependable, long term performance.
The post Experts name 3 ASX dividend shares to buy appeared first on The Motley Fool Australia.
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* Returns as of 20 Feb 2026
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More reading
- 3 reasons to buy Woolworths shares today
- Why are Wesfarmers shares tumbling today?
- How to build a $40,000 ASX share portfolio in 5 years
- Is Wesfarmers stock a post-earnings buy?
- If I had to build a defensive ASX share portfolio today, I’d start here
Motley Fool contributor James Mickleboro has positions in Woolworths Group. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Wesfarmers. The Motley Fool Australia has positions in and has recommended Woolworths Group. The Motley Fool Australia has recommended Wesfarmers. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.