Fortunately for income investors, there are lots of ASX dividend shares to choose from on the local bourse.

To narrow things down, let’s take a closer look at one dividend share that analysts at Bell Potter think could be among the best to buy now.

Which ASX dividend share is a buy?

The dividend share that Bell Potter is recommending to clients is Rural Funds Group (ASX: RFF).

It is an agricultural property company with a portfolio focused on almond orchards, vineyards, cattle, cotton and macadamias. 

Its assets are some of the most productive in the industry and leased to high quality tenants including Treasury Wine Estates Ltd (ASX: TWE), Olam, JBS, and Select Harvests Ltd (ASX: SHV). 

Bell Potter notes that Rural Funds’ shares have pulled back meaningfully since providing disappointing AFFO guidance. 

The broker thinks this has created a buying opportunity given the positive backdrop in agricultural land valuations. It said:

Since providing disappointing FY27e AFFO guidance the share price of RFF has been under pressure, this is despite the favourable backdrop in agricultural land valuations and RFF having executed asset sales to create balance sheet capacity, with further sales planned.

The latest Bendigo bank agricultural land values report (for 1HCY26) looked to confirm resilience in agricultural valuation, with the median transaction value up +8% YoY […]  The report notes that further farmland appreciation is anticipated 2HCY26 amidst supportive commodity markets, however, the re-escalation of input cost pressures, further interest rate rises and the dry weather outlook combine to provide a weaker outlook for growth from CY27.

Big returns and generous dividend yields

According to the note, Bell Potter has retained its buy rating and $2.55 price target on the ASX dividend share.

Based on its current share price of $1.93, this implies potential upside of 32% for investors over the next 12 months.

In addition, Bell Potter is expecting dividend yields of 6.1% in FY 2027, FY 2028, and FY 2029.

Commenting on its buy recommendation, the broker said:

Our Buy rating is unchanged. During FY26 RFF contracted to dispose of $315m in assets at an 18% premium to BV. While this is a positive, there remains $356m worth of assets under development or operated, where there is limited income being generated. Execution of further asset sales, including mature and operated macadamia orchards and leasing of properties undergoing productivity enhancements would likely be catalysts for improvedAFFO and the share price. The 41% discount to Market-NAV and 34% discount to NAV are both all-time highs and material deviations from historical averages.

The post Is this cheap ASX dividend share one of the best income buys? appeared first on The Motley Fool Australia.

More reading

• How much do I need to retire on $85,000 a year at 50?
• These are the 10 most shorted ASX shares
• How much do I need to retire on $110,000 a year at 65?
• Where I’d invest in ASX shares after the recent RBA rate rise
• These are the 10 most shorted ASX shares

Motley Fool contributor James Mickleboro has positions in Treasury Wine Estates. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Treasury Wine Estates. The Motley Fool Australia has positions in and has recommended Rural Funds Group and Treasury Wine Estates. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

On Wednesday, the S&P/ASX 200 Index (ASX: XJO) ended its winning streak with a small decline. The benchmark index edged 0.1% lower to 8,727.7 points.

Will the market be able to bounce back from this on Thursday? Here are five things to watch:

ASX 200 expected to fall

It looks set to be a poor session for Australian investors following a weak night on Wall Street. According to the latest SPI futures, the ASX 200 is expected to open the day 53 points or 0.6% lower this morning. In the United States, the Dow Jones fell 0.65%, the S&P 500 dropped 0.2%, and the Nasdaq fell 0.2%.

ASX 200 shares paying dividends

A number of ASX 200 shares are rewarding their shareholders with dividends on Thursday. This includes Aurelia Metals Ltd (ASX: AMI), Brambles Ltd (ASX: BXB), Cleanaway Waste Management Ltd (ASX: CWY), Medibank Private Ltd (ASX: MPL), and Westgold Resources Ltd (ASX: WGX). The latter will be paying a fully franked 10 cents per share dividend to eligible shareholders.

Oil prices mixed

ASX 200 energy shares Woodside Energy Group Ltd (ASX: WDS) and Santos Ltd (ASX: STO) will be on watch after a mixed night for oil prices. According to Bloomberg, the WTI crude oil price is down 0.6% to US$88.91 a barrel and the Brent crude oil price is up 0.3% to US$100.88 a barrel. Traders appear undecided with where oil prices are going next.

Buy ALS shares

ALS Ltd (ASX: ALQ) shares are still in the buy zone according to Bell Potter. This morning, the broker has retained its buy rating with a trimmed price target of $24.00. It said: “We are becoming increasingly cautious of a deceleration in exploration activity growth from FY28, compounded by weakening Junior equity raisings, a resurgence of cost input inflation observed across the global mining industry, rising bond yields and a weakening gold price environment. That said, indicators point to short-term buoyant conditions in the exploration market, and given the 1Q FY27 Trading Update, we reiterate our position that FY27 Minerals organic revenue growth guidance appears conservative.”

Gold price drops

It could be a tough day for ASX 200 gold shares Newmont Corporation (ASX: NEM) and Northern Star Resources Ltd (ASX: NST) on Thursday after the gold price dropped overnight. According to CNBC, the gold futures price is down 1.35% to US$4,131 an ounce. The release of the US Federal Reserve’s minutes revealed expectations for another rate hike.

The post 5 things to watch on the ASX 200 on Thursday appeared first on The Motley Fool Australia.

More reading

• Here are the top 10 ASX 200 shares today
• 5 things to watch on the ASX 200 on Wednesday
• Here are the top 10 ASX 200 shares today
• Buy, hold, sell: New Hope, Cleanaway Waste Management, NextDC shares
• 5 things to watch on the ASX 200 on Tuesday

Motley Fool contributor James Mickleboro has positions in Woodside Energy Group Ltd. 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.

Commonwealth Bank of Australia (ASX: CBA) shares are a popular choice among passive income investors.

The banking giant is the second-largest company on the S&P/ASX 200 Index (ASX: XJO), with a market capitalisation of $253 billion, at the time of writing.

CBA’s latest financial update shows the bank has continued to perform well this year, despite ongoing volatility.

As part of its FY26 results announcement in mid-August, the bank confirmed a 7% increase in cash NPAT and an 8% increase in statutory NPAT for the 12 months to 30th of June. Its operating income also climbed 6.2% over the period.

The bank also said it is the first time it has reported growth at or above system in each of its five core domestic product categories. Those categories are home lending, business lending, consumer finance, household deposits, and business deposits.

The bank’s huge scale and strong operational growth mean it has been able to generate a reliable profit and regularly return a large portion of those earnings to its shareholders by way of dividends.

But what exactly could a passive income from CBA shares look like?

Here’s a breakdown.

What’s the latest on CBA shares?

At the time of writing, CBA shares are trading for $151.24 each. That’s around 6% lower for the year to date and down 11% from 12 months ago.

That means an $8,000 investment would currently buy you around 52 shares.

What dividend is the bank forecast to pay to shareholders in FY27 and FY28?

CBA has paid its shareholders a regular fully-franked dividend since 1992. These are typically paid out every six months, in March and September.

The bank most recently paid a $2.70-per-share fully-franked final dividend in late September. That brought the FY26 dividend total to $5.05 per share.

Going forward, the bank is forecast to pay its shareholders an estimated $5.45 per share dividend in FY27. It is then forecast to pay a slightly lower $5.30 per share dividend in FY28.

Using the CBA share price at the time of writing, this translates to a forward dividend yield of roughly 3.6% for FY27. For FY28, the forward dividend yield is closer to 3.5%.

So, what passive income can I earn off an $8,000 investment into CBA shares in FY27 and FY28?

I’ve run the numbers using the estimated dividend payout figures above to work out roughly how much passive income investors can expect from an $8,000 investment in FY27 and FY28.

If the banking giant pays the forecasted $5.45 per-share dividend in FY27, 52 shares would generate around $283.40 in passive income for the year.

Assuming CBA then pays the expected $5.30 dividend in FY28, those same 52 shares would generate around $275.60 in passive income.

The post If I invest $8,000 in CBA shares, what passive income could I earn in FY27 and FY28? appeared first on The Motley Fool Australia.

More reading

• My favourite ASX passive income shares for retirees
• Are CBA shares still worth buying near $150?
• How much passive income can I earn from a $950,000 superannuation balance?
• If I invest $10,000 in CBA shares today, what could they be worth in October 2027?
• How much could the big 4 banks’ share prices fall?

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 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.