Vanguard has announced estimated distributions (dividends) for scores of its ASX exchange-traded funds (ETFs) on Friday.

The ETFs include the market’s most popular exchange-traded fund, Vanguard Australian Shares Index ETF (ASX: VAS).

The ex-dividend date for this next lot of distributions is next Wednesday, 1 July.

Vanguard will pay investors on 16 July.

Let’s take a look.

Mid-year dividends for Vanguard ASX ETF investors

Here is a summary of the estimated distributions that Vanguard will pay investors on 16 July.

The Vanguard Australian Shares Index ETF (ASX: VAS), which seeks to track the performance of the S&P/ASX 300 Index (ASX: XKO) before fees, will pay a dividend of 48.99 cents per unit.

The Vanguard Australian Shares High Yield ETF (ASX: VHY) tracks the FTSE Australia High Dividend Yield Index. The ASX VHY will pay 40.82 cents per unit.

The Vanguard MSCI Australian Small Companies Index ETF (ASX: VSO) will pay 219.83 cents per unit. The VSO tracks the MSCI Australian Shares Small Cap Index.

The Vanguard Australian Fixed Interest Index ETF (ASX: VAF) tracks the Bloomberg AusBond Composite 0+ Yr Index before fees. It will pay a dividend of 53.42 cents per unit.

The Vanguard Australian Property Securities Index ETF (ASX: VAP) tracks the performance of the S&P/ASX 300 A-REIT Index before fees. It will pay 146.84 cents per unit.

The Vanguard Ethically Conscious Australian Shares ETF (ASX: VETH) tracks the FTSE Australia 300 Choice Index before fees. It will pay 34.38 cents per unit.

Vanguard MSCI Australian Large Companies Index ETF (ASX: VLC), which tracks the MSCI Australian Shares Large Cap Index, will pay a dividend of 26.81 cents per unit.

What about ETFs holding international shares?

Vanguard MSCI Index International Shares ETF (ASX: VGS) is the largest exchange-traded fund holding diversified international shares on the ASX. It provides exposure to 1,500 stocks in developed nations ex-Australia. ASX VGS will pay 80.11 cents per unit in dividends.

The currency-hedged, version of VGS is Vanguard MSCI Index International Shares (Hedged) ETF (ASX: VGAD). VGAD ETF will pay a monster dividend of 234.31 cents per unit.

The Vanguard MSCI International Small Companies Index ETF (ASX: VISM) will pay a whopping great dividend of 323.31 cents per unit. The VISM ETF tracks the MSCI World ex-Australia Small Cap Index (with net dividends reinvested) in Australian dollars before fees.

Vanguard S&P 500 US Shares Index ETF (ASX: V500) tracks the US benchmark S&P 500 Index (SP: .INX) and will pay 11.80 cents per unit.

Vanguard FTSE Europe Shares ETF (ASX: VEQ), which tracks the FTSE Developed Europe All Cap Index (with net dividends reinvested) in Australian dollars, will pay 97.91 cents per unit.

The Vanguard Diversified High Growth Index ETF (ASX: VDHG) will pay cents per unit. This ASX ETF provides exposure to 16,000 ASX and international shares. VDHG ETF will pay 121.86 cents per unit.

Vanguard Ethically Conscious International Shares Index ETF (ASX: VESG) will pay 64.45 cents per unit. This ASX ETF tracks the FTSE Developed ex Australia Choice Index (with net dividends reinvested) in Australian dollars.

Monster dividends

The two biggest payers on Vanguard’s mid-year schedule of dividends are as follows.

Vanguard Global Minimum Volatility Active ETF (ASX: VMIN) is an actively managed ETF invested in about 200 global shares. The ETF aims to deliver lower volatility than the FTSE Global All Cap Index (AUD Hedged), before fees. VMIN ETF will pay a monster dividend of 409.57 cents per unit.

Vanguard Global Value Equity Active ETF (ASX: VVLU) is also actively managed, and targets global value stocks drawn primarily from the FTSE Developed All Cap Index and the Russell 3000 Index. VVLU ETF will pay the largest dividend of 626.68 cents per unit.

The post Own Vanguard ASX ETFs? Here is your next dividend appeared first on The Motley Fool Australia.

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• 3 reasons why the VDHG ETF could be a top buy and hold investment

Motley Fool contributor Bronwyn Allen 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.

Goodman Group (ASX: GMG) shares have been relatively positive performers this year.

Since the start of the year, the industrial property giant’s shares have risen approximately 4%.

This compares favourably to a largely flat performance from the S&P/ASX 200 Index (ASX: XJO).

But what’s to come for this popular stock? Could it deliver double-digit returns over the next 12 months? Let’s see what analysts are saying.

Could Goodman shares deliver big returns?

The broker community is overwhelmingly positive on Goodman, with many brokers having the equivalent of buy ratings on its shares.

One of those brokers is Bell Potter, which has a buy rating and $35.50 price target on them.

Based on the current Goodman share price of $32.17, this implies potential upside of 10% for investors over the next 12 months. It recently commented:

While we do have some question marks visà-vis leasing progress, extension of timelines and associated impact on earnings mix and booking of profits, the moat around the haves and have nots for scaled data centre players appears to be widening, recognising the scale and complexity of execution. Post pull back, GMG trades at a discount to its 5yr PE vs. ASX200 avg (28% prem. vs. 52% 5yr avg) with forward customer signings a key driver.

Who else is bullish?

The team at Morgan Stanley is another bull. Earlier this week, the broker put an overweight rating and $36.15 price target on its shares. This suggests that upside of 12% is possible between now and this time next year.

Another broker that is positive is Morgans. It has a buy rating and $36.00 price target, which offers similar upside. It commented:

GMG’s 3Q26 update reinforced a deliberate strategy: deploy balance-sheet capital ahead of customer commitments to win the race for power-enabled metro data centre (DC) capacity. WIP is set to step from $14.5bn at Mar-26 to a record c.$18bn by Jun-26 (Consensus $17.7bn), with the power bank lifted to 6.4GW.

Operationally the update was mixed, with pre-committed share, production rate and Yield On Cost (YOC) all relatively flat hoh. The structurally important note was management’s view that industry DC capex requirements likely exceed global capital market funding capacity, a backdrop that favours those with secured power, sites and locked-in capital partners. FY26 OEPSg guided to ‘at least 9%’ (prior 9%; MorgansF 9.2%; Consensus 9.8%), marginally up.

Finally, the team at Citi has a buy rating and $40.00 price target on Goodman shares. This implies potential upside of approximately 24% for investors over the next 12 months.

The post Could Goodman shares rise more than 20%? appeared first on The Motley Fool Australia.

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Motley Fool contributor James Mickleboro has positions in Goodman Group. 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.

It has been another painful day for shareholders of Judo Capital Holdings Ltd (ASX: JDO) shares.

The ASX bank stock extended its heavy sell-off on Friday morning, falling another 2% to $0.90 after already shedding around 40% over recent trading sessions.

That leaves Judo Capital shares down roughly 49% in 2026 and 42% over the past 12 months. By comparison, the S&P/ASX 200 Index (ASX: XJO) has gained approximately 2.2% over the same period.

So, what’s behind the dramatic collapse?

Investors didn’t like Judo’s latest update

The sell-off began after Judo released revised expectations for FY 2026 on Thursday that left investors questioning the bank’s near-term outlook.

While management still expects earnings to grow this financial year, it also revealed that bad debt costs are rising faster than previously anticipated.

The biggest concern was the bank’s updated cost of risk guidance. Judo now expects its FY 2026 cost of risk to come in between $116 million and $122 million, reflecting an increase in specific loan provisions.

Management of Judo Capital shares said the higher provisioning relates primarily to three individual customer exposures across different industries that have deteriorated following customer-specific developments.

Although the issues appear concentrated rather than widespread, investors rarely welcome surprises when it comes to credit quality.

The bank also expects loans that are either more than 90 days overdue or classified as impaired to rise to around 3% of gross loans and advances by 30 June. That’s another sign that some borrowers are finding conditions increasingly challenging.

There were a few positives

The update wasn’t entirely negative. Judo said its collective provision coverage should remain broadly unchanged from its third-quarter trading update, equating to 94 basis points of gross loans and advances.

Management also noted that current provisioning includes additional overlays designed to protect against ongoing macroeconomic uncertainty across vulnerable sectors.

In other words, Judo Capital believes it has built a reasonable buffer against further deterioration.

Profit growth is still expected, just not as much

Perhaps the biggest disappointment for investors in Judo Capital shares was a downgrade to earnings guidance. Judo now expects FY 2026 profit before tax of between $163 million and $169 million.

While that would still represent approximately 30% growth on FY 2025, it falls well short of the bank’s previous guidance of $180 million to $190 million.

Looking further ahead, management of the $2 billion ASX share expects FY 2027 profit before tax of between $210 million and $220 million, implying another year of roughly 30% earnings growth despite ongoing macroeconomic and geopolitical uncertainty.

Chief Executive officer Chris Bayliss acknowledged the disappointment but maintained confidence in the business. He said the latest update was partly driven by the broader economic backdrop but stressed that Judo Capital remains profitable, well capitalised, and has a clear pathway to delivering a return on equity in the low-to-mid teens.

What’s next for Judo Capital shares?

For now, investors appear focused on rising credit losses rather than future profit growth.

The market has become far less forgiving of banks reporting deteriorating loan quality, particularly when expectations were already high.

That said, Judo’s long-term growth story hasn’t disappeared overnight. The lender continues to grow its business banking franchise, remains profitable, and is forecasting another two years of double-digit earnings growth.

The post What on earth’s going on with Judo Capital shares? appeared first on The Motley Fool Australia.

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Motley Fool contributor Marc Van Dinther 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.