If an income investor scours the S&P/ASX 200 Index (ASX: XJO) today in the search for a dividend yield over 6%, they might be looking for quite a period. As it stands today, there aren’t too many ASX 200 dividend shares offering yields over 5%, let alone 6%.

Not the big four ASX banks, not Telstra Group Ltd (ASX: TLS), nor Coles Group Ltd (ASX: COL), and not Wesfarmers Ltd (ASX: WES).

Fortunately, though, there are still some ASX 200 shares that have a 6% yield or greater on the table today. Let’s go through two of them.

2 ASX 200 shares with dividend yields over 5% right now

Metcash Ltd (ASX: MTS)

ASX 200 consumer staples stock Metcash is first up. You may not have heard of this company, which is perenially in the shadow of its larger and more famous rivals, Coles and Woolworths Group Ltd (ASX: WOW). Even so, I’m sure you’d be familiar with many of the names that Metcash supplies to. These include the IGA and Mitre 10 store networks.

Like many consumer staples shares, Metcash has a decent history of paying reliable dividends. Its last two payments came to a total of 18 cents per share, with full franking credits attached to both. This gives Metcash a healthy trailing dividend yield of 6.08% at yesterday’s closing share price of $2.96. That hikes up to an impressive 8.69% with the value of those full franking credits.

Charter Hall Long WALE REIT (ASX: CLW)

Next up, we have a real estate investment trust (REIT) to check out. Charter Hall Long WALE REIT is a fund that specialises in real estate investments with a long weighted average lease expiry (WALE). It lives up to that name, with this REIT’s portfolio currently holding an average WALE of 92 years.

Like most REITs, Charter Hall Long WALE collects rental income from its property assets (in this case, mostly offices, distribution centres, and industrial parks) and passes it on to its investors through dividend distributions.

This REIT’s last two dividend distributions have come in at 6.38 cents per unit each. That gives the Charter Hall Long WALE REIT a trailing dividend distribution yield of 6.89%. That’s at yesterday’s closing price of $3.70 per unit. Unfortunately, like the vast majority of its peers in the REIT space, Charter Hall Long WALE is not able to attach franking credits to its payouts, though.

The post 2 ASX 200 dividend shares with yields over 6% today appeared first on The Motley Fool Australia.

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Motley Fool contributor Sebastian Bowen has positions in Wesfarmers. 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 Telstra 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.

Goodman Group (ASX: GMG) has become one of the clearest ASX ways to invest in the infrastructure behind artificial intelligence and cloud computing.

The opportunity is substantial, although investors are already paying a premium for it.

So, would I put $5,000 into Goodman shares today?

What would $5,000 buy?

Goodman shares are trading around $29.55. That means a $5,000 investment would buy approximately 169 shares before brokerage.

According to consensus estimates, Goodman is expected to generate earnings per share of $1.28 in FY26 and $1.37 in FY27.

That puts the shares on a price-to-earnings ratio of around 23.1 times FY26 earnings and 21.6 times FY27 earnings.

I would not call that cheap for a property group. However, Goodman has moved well beyond the traditional model of owning warehouses and collecting rent.

Its data centre pipeline gives the company a much stronger growth outlook than most ASX property shares.

Why the data centre opportunity stands out

Data centres are the physical foundation of the digital economy.

Artificial intelligence, cloud computing, streaming, cybersecurity, digital payments, and online services all depend on buildings filled with computing equipment.

Developing those facilities is far more complicated than putting up a warehouse.

A site needs access to enormous amounts of electricity, fibre connections, cooling, planning approvals, suitable land, and proximity to major customers. In large cities, assembling those pieces can take years.

Goodman has already spent a long time securing land and power in markets where technology companies want to operate. Its global power bank reached 6.4 gigawatts (GW) at the end of March, with 3.6 GW secured and 2.8 GW in advanced stages of procurement

Data centres also represented 73% of its $14.5 billion development work in progress.

That gives Goodman a strong position as demand for computing capacity continues growing.

Growth backed by financial strength

Large developments require substantial capital, particularly when Goodman is building facilities with complex electrical and cooling requirements.

I like that the company has several ways to fund its expansion.

Goodman works with major institutional investors through its capital partnerships, allowing it to pursue a larger development program than it could support alone. The group also finished the first half with low gearing and considerable liquidity.

That financial flexibility gives Goodman room to invest while keeping its balance sheet in good shape.

Investors still need to watch development costs, power delays, construction schedules, and customer commitments. The current valuation also assumes that management will continue executing well.

A slowdown in data centre demand or delays across major projects could weigh heavily on the share price.

Would I invest?

My answer is yes. Goodman shares are not a bargain, and I would be comfortable beginning with a measured position rather than investing aggressively at once.

However, the company has spent years building the land portfolio, power access, customer relationships, and development expertise needed to capture the data centre opportunity.

Those advantages cannot be recreated quickly.

Foolish takeaway

I would invest $5,000 into Goodman shares with the intention of holding them for many years.

The current valuation already reflects plenty of optimism, so I would expect periods when the share price becomes volatile.

Even so, I think Goodman has one of the strongest growth runways in the ASX property sector. Its logistics portfolio provides an established earnings base, while data centres could become a much larger part of the business over the decade ahead.

For investors who can accept a modest income yield and focus on long-term growth, I think Goodman shares remain worth buying.

The post Should I invest $5,000 into Goodman Group shares? appeared first on The Motley Fool Australia.

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Motley Fool contributor Grace Alvino 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 Goodman Group. The Motley Fool Australia has recommended Goodman Group. 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 have staged a strong comeback, rising around 10% over the past month.

This rally has firmly caught the market’s attention.

After a weak start to 2026, Australia’s largest bank is attracting buyers again.

The question now is whether that recovery has further to run.

As one of the largest companies on the ASX, every twist in CBA’s share price makes headlines.

Why CBA shares are rising again

CBA is one of the largest companies listed on the ASX.

The company dominates Australian retail banking, with a huge deposit base and a market-leading digital platform.

For much of early 2026, its shares were firmly out of favour with investors, and the stock hit a one-year-plus low of $147.22 back in January before the tide turned.

Since then, CBA shares have rebounded strongly to around $171.

Investors now appear willing to look past this year’s housing and budget worries, and cooling fears around mortgage growth and negative gearing changes have helped usher in renewed optimism.

Recent earnings and the road ahead

The rebound has been supported by a solid profit performance.

CBA posted third-quarter cash profit of $2.7 billion, up 4% on the prior year. Lending and deposits both continued to grow despite a softer economy, and home loan funding remained strong, with around $45 billion written in the quarter.

The bank’s capital position remains among the strongest in the sector.

CBA’s next major update is its FY26 full-year result, due in August, a report that will be watched very closely.

Investors want firm proof that earnings can keep growing from here.

Guidance on net interest margins and bad debts will likely be in as much focus as the headline profit number.

What do the numbers say?

Even after this rally, the debate over CBA shares comes down to price.

The stock trades on roughly 26 times forecast FY26 earnings, which is a remarkable multiple for a mature, slow-growing bank.

It is also far above the ratings applied to rivals like Westpac and ANZ.

CBA recently paid a fully franked interim dividend of $2.35, for a trailing yield of around 3.0%. That yield is modest next to several of its big-four peers.

As such, for value-focused investors, CBA’s valuation is the core of the problem.

Are CBA shares still a buy?

Brokers remain deeply cautious on the answer.

In one recent review, all eight analysts covering the stock rated it a sell, with an average price target implying downside of close to 30%.

The bull case rests on CBA’s unmatched quality and its defensive, dividend-paying nature. On the flipside, the bear case points squarely at the stretched valuation.

Both views have real merit at today’s price.

Much will depend on your own time horizon and your appetite for paying a premium.

Foolish takeaway

CBA shares have rallied hard, yet they remain expensive by almost any measure.

The business itself is arguably the highest-quality bank in the country, although the August FY26 result will be an important test for the company.

Income-focused investors can still find far higher yields elsewhere on the ASX, but quality-focused investors may appreciate CBA’s reputation and track record of earnings growth.

As always, it pays to focus on the long term rather than the last month’s move.

The post CBA shares have risen 10% in a month, are they still a buy? appeared first on The Motley Fool Australia.

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Motley Fool contributor Mark Verhoeven 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.