The Acrow Ltd (ASX: ACF) share price is in focus today after the company reported record FY26 revenue of $336 million, up 27%, and upgraded its FY27 revenue and EBITDA guidance.

What did Acrow report?

• FY26 revenue climbed 27% to $336.0 million
• Underlying EBITDA was steady at $80.3 million
• Underlying NPAT fell 20% to $27.6 million
• Final dividend of 1.42 cents per share, fully franked (down from 2.95cps in FY25)
• Industrial Access division revenue surpassed $200 million, up 53% year-on-year
• Upgraded FY27 guidance: revenue growth of 30% and EBITDA growth of 37% on FY26

What else do investors need to know?

Acrow completed the acquisitions of Preston’s SuperDeck and Ausgroup Industrial Services for a combined $54.5 million, strengthening its service offering and growth opportunities, particularly in Queensland. To fund acquisitions and maintain a healthy balance sheet, the company raised $70 million via placement and an additional $16 million through a Share Purchase Plan.

Industrial Access remains the company’s largest division, now making up 60% of group revenue, driven by organic growth and gains from major projects such as Perdaman Urea and Snowy 2.0. Construction Services rebounded strongly in the second half, underpinned by renewed momentum in Queensland and solid growth in key states.

What did Acrow management say?

Managing Director Steven Boland said:

The Company has experienced a period over the past two to three years of stagnated profits, primarily due to the downturn in construction activity across the Queensland construction market. During this period, we have invested strategically to expand our national Jumpform, Screens and, most notably, our Industrial Access businesses. Today, Industrial Access generates more than $200m in revenue and has significantly enhanced the quality, stability and resilience of our earnings base.

Our Construction Services division has now turned the corner with the second half revenue reaching a record level for any half yearly period, with most of the growth experienced in Q4. This momentum has continued into FY27.

Looking ahead, we see significant opportunities across both our Industrial Access and Construction Services businesses. … In closing, I believe FY27 will mark a turning point for the business. Over the past several years, we have worked hard to reposition Acrow as a leading player in the national industrial access market, while preparing for the recovery in the construction sector, particularly in Queensland. That recovery is now well underway, and we expect to reap the benefits in the coming years.

What’s next for Acrow?

Looking forward, Acrow has lifted its FY27 revenue and EBITDA targets by 2% and 4%, now guiding for 30% and 37% year-on-year growth respectively. The integration of recent acquisitions, organic growth from newly secured contracts, and a strong pipeline of infrastructure projects—including opportunities tied to the 2032 Brisbane Olympics—are set to drive performance.

In Construction Services, a recovery is underway, especially in Queensland and across civil infrastructure. Management sees cross-selling opportunities and the chance to capitalise on national infrastructure investment and new product innovation.

Acrow share price snapshot

Over the past 12 months, Acrow shares have declined 8%, trailing the All Ordinaries Index (ASX: XAO), which has risen 1% over the same period.

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Motley Fool contributor Laura Stewart 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. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

Commonwealth Bank of Australia (ASX: CBA) shares can be a solid source of passive income thanks to its dividend being more reliable than its ASX bank share peers.

CBA may have a lower dividend yield than names like National Australia Bank Ltd (ASX: NAB), ANZ Group Holdings Ltd (ASX: ANZ) and Westpac Banking Corp (ASX: WBC).

Some investors may prefer to be more confident in receiving a reliable dividend than receiving the largest level of payout possible.

There’s no guarantee of dividends of course, but CBA has built a reputation as the most stable and resilient domestic bank. Reliable profits are what pays for a reliable dividend when a company like Commonwealth Bank of Australia links its dividend payments to a dividend payout ratio.

To consider how many CBA shares it would take to unlock $8,000 of annual passive income, we must first consider what the dividend could be in FY27 on a per-share basis.

Commonwealth Bank dividend projection

Using the independent forecast on Commsec, owners of the ASX bank share are projected to see a bit of dividend growth in the 2027 financial year.

In FY26, the business delivered an annual dividend per share of $5.05 (representing a 4% rise year-over-year). This came amid 8% growth in statutory net profit to $10.9 billion and 7% growth in cash profit to $11 billion.

According to the estimate on Commsec, investors could experience a 2% rise of the payout to $5.15 per share.

If the business does pay that level of dividend, it would translate into a dividend yield of 3.25% excluding franking credits and 4.6% including franking credits.

How many CBA shares would it take to unlock $8,000 of passive income?

As I’ve noted, Commonwealth Bank is not expected to pay a large dividend in the 2027 financial year, so it’ll take quite a few CBA shares to unlock that much passive income.

The required amount also depends on whether we want to include the franking credits or not as part of the dividend total.

If CBA does pay an annual dividend per share of $5.15 in FY27, then it would require 1,554 CBA shares, excluding the franking credits.

If we include the franking credits as part of the passive income, then an investor would only need 1,088 CBA shares to generate the targeted amount.

But, investors may want to look at other ASX shares that offer better return potential than one of Australia’s largest businesses.

The post How many CBA shares do I need to buy for $8,000 of passive income? appeared first on The Motley Fool Australia.

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Motley Fool contributor Tristan Harrison 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.

If you are an income investor on the lookout for new ASX dividend shares to buy, then read on.

That’s because the team at Bell Potter has just named one high-yield option with huge upside potential to buy now.

Which ASX dividend share?

The dividend share that Bell Potter is recommending to clients is Regal Partners Ltd (ASX: RPL).

It is a boutique asset manager responsible for a number of alternative investment strategies, investing across hedge funds, growth equity, credit & royalties, and real & natural assets. 

Bell Potter notes that Regal Partners has around $21 billion in funds under management that is invested on behalf of institutions, family offices, charitable groups and private investors. 

The company has also undertaken an aggressive acquisition strategy in recent years. This includes acquiring VGI Partners, PM Capital, Taurus, Merricks and Argyle.

Bell Potter was pleased with the company’s half-year results, noting that its profit was ahead of expectations. It said:

RPL delivered 1H26 Normalised NPAT of $93.3m, ahead of market expectations and above the $90m floor pre-reported ahead of the result. Guidance was predicated on management fees of $110m and performance fees of $115m. 

Operating results: RPL provided a more comprehensive presentation of its financial results, with performance fee contributions separated and waterfalled through to the pre-tax profit line. Both demonstrated an improvement. Fund management fees of $91.0m were up +23% YOY and loan management fees of $22.9m were down -12% YOY. Average take-rate was down -7bps to 1.08%, reflecting lower loan activity, with an improved pricing outcome on 2H25.Performance fees of $118.7m were up +180% YOY, driven by different contributions to the record result in 2H25. Normalised NPAT of $93.3m was up +108% YOY vs. headline NPAT of $94.1m.

Big potential returns

According to the note, in response to the results, Bell Potter has retained its buy rating and $4.80 price target on the ASX dividend share.

Based on its current share price of $2.82, this implies potential upside of 70% for investors over the next 12 months.

In addition, Bell Potter is forecasting fully franked dividends per share of 19 cents in FY 2026, 20 cents in FY 2027, and then 22 cents in FY 2028. This represents dividend yields of 6.7%, 7.1%, and 7.8%, respectively.

Commenting on its buy recommendation, the broker said:

Our Buy thesis is unchanged. RPL has already met our quarterly flow forecast and is seeing offshore credit demand while strengthening the balance sheet. Trading on 9x earnings, these aspects are underappreciated vs. 13x for global long only managers. EPS -3%/-3%/-2% factoring in visibility on non-performance employee cash expense.

The post One super ASX dividend share to buy with a 7% yield 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 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.