Buying stocks with a strong dividend yield is a good strategy for some investors, but you want to be confident that they’re going to be around for the long haul.

I’ve had a look through recent broker reports and selected three major Australian companies that are paying a dividend yield of at least 5% and are forecast to do so in the coming years.

Let’s have a look at the companies that made the grade.

Amcor Plc (ASX: AMC)

Broker Morgans has this week issued a new research report on Amcor, tipping the company’s shares will increase to $65.40 over the next 12 months, up from $57.99 currently.

The Morgans team said since Amcor’s merger with Berry in April 2025, it had identified a range of non-core businesses, which are expected to be sold off over time.

Morgans has estimated, conservatively, that these businesses are worth about US$1.8 billion, and to date, Amcor has sold off six businesses for about US$500 million.

On the business more broadly, Morgans said Amcor is a “highly defensive” business with a leading market position and an experienced management team.

They added:

We expect the combination with Berry, along with potential divestments of non-core, lower-quality assets, to enhance AMC’s growth outlook and strengthen its balance sheet over the medium term. While execution of synergy targets will be key, AMC has a strong track record of integrating large scale transactions.

Morgans has forecast Amcor will pay a dividend yield of 6.3% this year, rising to 6.6% by FY28.

Regal Partners Ltd (ASX: RPL)

As well as forecasting a strong dividend yield, Bell Potter has a bullish share price target of $4.70 for Regal Partners, compared to its current price of $2.92.

Regal Partners is an alternative investment manager with eight primary brands, the broker said.

Bell Potter said:

The Group controls $21bn in funds under management. We see further growth, driven by positive net inflows, investment performance, acquisitions and exposure to secular asset classes. This is supported by an aspirational blueprint to double offshore client capital. Successful execution, in our view, provides a pathway to teens growth over the medium term, enhanced through operating leverage.

As well as having the potential for strong capital returns, Bell Potter said Regal Partners was expected to pay a dividend yield of 6.2% this year, with that increasing to 7.6% by 2028.

Metcash Ltd (ASX: MTS)

This grocery company reported its FY26 results this week, which came in line with guidance.

The team at Macquarie said the update on the first seven weeks of the company’s current trading year was mixed, with food below consensus but hardware ahead.

Macquarie maintained its neutral rating on the stock, with a price target of $3.20 compared to $3.01 currently.

The Macquarie team said:

Management is executing well against its strategic priorities. However, broader conditions suggest a mixed outlook. In particular, supplier inflation implies difficulty in maintaining the “IGA Price Gap” and conditions likely to weaken in Hardware due to lower housing turnover.

The company’s dividend yield for 2026 was 5.8%, and this was expected to dip to 5.4% next year, then rise to 5.9% by FY 2029.  

The post 3 companies to own for a dividend yield above 5% appeared first on The Motley Fool Australia.

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Motley Fool contributor Cameron England 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 Amcor Plc. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Viva Energy Group Ltd (ASX: VEA) shares are slipping on Tuesday despite the company announcing progress at its Geelong Refinery.

At the time of writing, the Viva Energy share price is down 2.82% to $2.07. By comparison, the S&P/ASX 200 Index (ASX: XJO) is 0.1% to 8,811 points.

When zooming out, the ASX energy stock has fallen 10% over the past month but remains up about 1% since the start of 2026.

Here’s what the company told the market today.

What did Viva Energy announce?

In a statement to the ASX, Viva Energy said work to restart the Residue Catalytic Cracking Unit at its Geelong Refinery has been completed.

The unit, known as the RCCU, was damaged by a fire at the refinery on 15 April.

Viva Energy said the RCCU and related units are returning to operation this week. This is expected to lift the refinery back to more than 90% of normal capacity.

However, the update wasn’t all good news.

The company said another part of the refinery, the Alkylation unit, will stay offline while it decides whether to repair or replace it.

This means the refinery will have less ability to turn LPG into petrol. Even so, Viva Energy still expects the Geelong Refinery to operate at more than 90% of normal capacity through 2027.

Why is the Viva Energy share price down?

While the refinery restart is positive, the market may still have some concerns about the update.

The Alkylation unit helps convert LPG produced during refining into gasoline, so having it offline will limit some flexibility at the refinery.

While production is expected to return to more than 90% of normal capacity, one part of the refinery could still be out of action for a long time.

Viva Energy also said it is still investigating the cause of the incident and working with insurers on property damage and business interruption claims.

Early findings suggest the fire was caused by the failure of a section of piping within the Alkylation unit, which released fuel that later ignited.

Refining margins remain strong

One part of the update that may interest shareholders is the refining margin.

Viva Energy said its Geelong Refining Margin was US$23.90 a barrel for April and May. This was based on refining intake of 6.5 million barrels.

The company said the result was helped by strong market conditions and lower fuel oil production after the incident.

Nonetheless, the extended Alkylation outage means there is still some uncertainty around how the plant performs from here.

The post This ASX energy stock is sliding despite a major refinery restart appeared first on The Motley Fool Australia.

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Motley Fool contributor Aaron Teboneras 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 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.

BHP Group (ASX: BHP) shares have had an incredible run throughout the first six months of 2026.

At the time of writing, the ASX mining giant’s shares have climbed further into the green, up around 1% to $60.73 a piece.

It’s good news for investors after a bumpy ride throughout June where the share price has fluctuated between $60.08 and an all-time high of $65.59 a week ago. Since hitting that peak, BHP shares have since lost over 7% of their value.

Despite the past week’s decrease, BHP shares are still up around 33% for the year to date and nearly 71% higher than 12 months ago.

For context, the S&P/ASX 200 Index (ASX: XJO) is up around 0.1% at the time of writing, and around 1% higher for the year-to-date.

So, if I bought $5,000 of BHP shares 12 months ago, what would it be worth today?

BHP shares were trading at just $35.64 a piece this time last year, and have since climbed 71% higher.

That means that your $5,000 investment in the mining giant 12 months ago would be worth $8,550 today.

Can the share price keep climbing?

After a strong rally over the past year, it looks like BHP shares are now considered to be trading at fair value.

Market Index data shows the majority of brokers have a hold rating on the shares. The $61.66 average target price implies a potential 1% upside, at the time of writing.

TradingView data shows something very similar. Out of 18 analysts, 13 have a hold rating on the mining giant’s shares. Another four rate the stock as a strong buy.

The average $63.75 target price implies a 5% potential upside at the time of writing. However, the range of forecasts is huge. Some expect the shares to fall 34% to a minimum target price of $40.31. Others think BHP shares have the potential to climb 53% higher to $92.99. 

The good news about BHP is even if investors are on the fence about the outlook for its share price, the stock is still a strong passive income play.

Are BHP shares a good buy for passive income?

BHP is a premier blue-chip ASX 200 stock with a market capitalisation of around $309 billion and a strong operational history. At the time of writing, BHP is the largest company trading on the Australia share market.

BHP is a cyclical stock, primarily exposed to iron ore, copper, and other key commodities. The downside is its cyclical nature means BHP is at risk from value fluctuations. But the benefit is that it usually outperforms during periods of economic recovery.

The large-scale but low-cost miner has a long history of regular dividend payments, dating back to around 2006. And its commodity exposure is diversified, too. This means it is able to maintain its dividend payouts even when commodity prices fluctuate.

The miner most recently paid a fully-fanked interim dividend of $1.0385 to shareholders in March. Analysts forecast BHP to pay an annual dividend of $1.91 per share in FY26, and a slightly lower $1.80 per share in FY27. That translates to a forward dividend yield of around 3.1% and 3% respectively, at the time of writing. That’s some decent passive income.

The post $5,000 invested in BHP shares 12 months ago is now worth…. appeared first on The Motley Fool Australia.

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Motley Fool contributor Samantha Menzies 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 recommended BHP Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.