It may be time to sell those Corporate Travel Management Ltd (ASX: CTD) and Commonwealth Bank of Australia (ASX: CBA) shares.

That’s according to Red Leaf Securities’ John Athanasiou, who earlier this week issued a sell recommendation on both ASX travel stocks (courtesy of The Bull).

In morning trade today, CBA shares are changing hands for $149.07 each, down 0.8%. That sees shares in the S&P/ASX 200 Index (ASX: XJO) bank stock down 10.8% since this time last year, trailing the 1.6% 12-month losses posted by the benchmark index.

Now some of that underperformance will have been mitigated by the two fully franked CBA dividends, totalling $5.05 a share, that the big four bank paid out over the year. CBA shares trade on a 3.4% fully franked trailing dividend yield.

It’s a bit of a more complicated picture for Corporate Travel Management shares, which only resumed trading on the ASX on 3 September. As you may be aware, Corporate Travel shares were suspended back in August 2025 following some material accounting errors.

Prior to the suspension, Corporate Travel shares were trading for $16.07. On 3 September, shares crashed 85.6% to close the day at $2.32 as frustrated investors overheated their sell buttons.

In morning trade today, the Corporate Travel share price stands at $2.32.

With those pictures in mind…

Time to exit CBA shares?

“CBA is Australia’s highest quality major bank, but, in my view, quality doesn’t always represent value,” Red Leaf Securities’ Athanasiou said.

Explaining his sell recommendation on CBA shares, Athanasiou noted:

Its premium valuation leaves limited room for disappointment as rising interest rates potentially slow credit growth and increase borrower stress. Investors could use the opportunity to take profits and consider better-value alternatives elsewhere in the banking sector.

Should I sell Corporate Travel shares?

Atop his bearish outlook on CBA shares, Athanasiou also issued as sell recommendation on Corporate Travel shares.

“CTD reported improved underlying earnings in fiscal year 2026,” he said.

Indeed, the company reported a 4% year on year increase in revenue and other income to $670 million, with underlying earnings before interest, tax, depreciation and amortisation (EBITDA) up 36% to $114 million.

But that’s not enough to keep this ASX share off Athanasiou’s sell list.

“However, in my view, questions remain around historical customer remediation, governance, financial controls and funding requirements,” he said.

Summarising his sell recommendation on Corporate Travel shares, he concluded:

In a company update on April 22, 2026, a review had found that UK customers were charged in excess of their contractual entitlement. On September 1, 2026, the company noted about 78 per cent of customer refunds had been agreed or were nearing finalisation.

In my view, the near term risk-reward equation remains unattractive.

The post Sell alert! Expert calls time on Corporate Travel and CBA shares appeared first on The Motley Fool Australia.

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Motley Fool contributor Bernd Struben 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 Corporate Travel Management. The Motley Fool Australia has positions in and has recommended Corporate Travel Management. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

ASX blue-chip shares can be some of the most consistent and reliable investments on the ASX. There are some names with very pleasing dividend yields.

Businesses that lead in what they do can be excellent stocks to own because of their strong market positions, enviable profit margins, and ability to retain earnings.

Let’s run through two top ASX blue-chip share contenders for passive income.

Telstra Group Ltd (ASX: TLS)

Telstra is Australia’s leading telecommunications company that continues to cement its position in the country.

Its mobile infrastructure and mobile division are key for the company’s success. In FY26, it added 274,000 mobile handheld users (or 1.9% growth), including 39,000 retail users and 235,000 wholesale users.

Mobile average revenue per user (ARPU) grew by 3.7% year-over-year to $45.33. It saw ARPU growth of 3.8% for postpaid handheld, 7.2% growth for prepaid handheld and 8.8% growth for wholesale.

Telstra continues to invest in its network. In FY26 alone, it upgraded nearly 1,200 mobile sites and built more than 150 new mobile sites.

It’s also investing in its fibre network, with more than 8,500km of fibre deployed in its ‘aura network’. The expected strategic investment has been increased to around $1.8 billion between FY23 and FY28. It’s expected to deliver a mid-teens internal rate of return (IRR) with a nine-year cash payback.

Telstra reported in FY26 that cash earnings per share (EPS) grew by 13.8% to 25.5 cents, funding a 10.5% rise in the annual dividend per share to 21 cents.

The projection on Commsec suggests the business could pay an annual dividend per share of 22 cents in FY27, 4.75% more than FY26. That would be a FY27 grossed-up dividend yield of 6.4%, including franking credits, at the time of writing.

WAM Leaders Ltd (ASX: WLE)

Listed investment company (LIC) WAM Leaders is the other ASX blue-chip share I want to highlight. A LIC’s job is to invest in other shares on behalf of shareholders.

It aims to actively invest in large, high-quality Australian companies.

At the end of August, its five biggest holdings, compared to the overall ASX 200 index, were Stockland Corporation Ltd (ASX: SGP), Rio Tinto Ltd (ASX: RIO), James Hardie Industries plc (ASX: JHX), Mirvac Group (ASX: MGR) and South32 Ltd (ASX: S32). This shows the types of ASX shares the WAM Leaders team want to invest in.

By generating investment returns, WAM Leaders can use profits to pay large, growing dividends to shareholders. It can offer investors both diversification and attractive dividends.

WAM Leaders has increased its annual dividend per share each year since it started paying dividends in FY17, so it has essentially reached a decade of continuous dividend growth, which is a great record.

The investment team have produced an average return of 12.2% since inception in May 2026, before fees, expenses and taxes, outperforming the S&P/ASX 200 Accumulation Index (ASX: XJOA) by an average of almost 3% per year.

In FY26, the ASX blue-chip share paid an annual dividend of 9.6 cents per share. That translates into a grossed-up dividend yield of 10.7%, including franking credits, at the time of writing.

The post 2 ASX blue-chip shares offering big dividend yields 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 positions in and has recommended Telstra Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Wesfarmers Ltd (ASX: WES) shares could be among the best options for dividends from an ASX blue-chip share.

One of the main reasons to like the company is its high-quality businesses, such as Bunnings, Kmart, Officeworks, WesCEF (chemicals, energy and fertilisers), and Priceline.

The company’s profitability metrics really show how effective it is at making money.

In FY26, Wesfarmers reported a return on equity (ROE) of 35.5%, representing a 1.2 percentage point increase compared to FY25. Excluding significant items, it was a 4.3 percentage point rise for the ROE.

The return on capital (ROC) for its two key businesses is truly impressive. In FY26, Bunnings Group delivered a ROC of 69.2%, while Kmart Group’s ROC was 68.3%.

Most businesses would love to achieve an ROC close to 70%, and that’s exactly what the company delivers.

FY26 was a solid year for the company, with underlying earnings per share (EPS) climbing 8.3% and the dividend per Wesfarmers share being hiked by 7.8% to $2.22.

Let’s take a look at what analysts think could happen with the company’s dividend.

FY27 dividend projection

Wesfarmers is forecast to deliver a higher dividend for investors, partly based on the view that earnings could climb in FY27.

According to the projection on CMC Invest, the company is estimated to grow its annual dividend per share by 7.9% to $2.395. I don’t think many ASX blue-chip shares will increase their payout by 8% or more in the 2027 financial year.

If Wesfarmers does pay a dividend of that level in FY27, it would mean a grossed-up dividend yield of 4.6%, including franking credits, at the time of writing. That’s not the biggest dividend yield in the world, but the company could continue to deliver impressive dividend growth in the years ahead.

The estimate on CMC Invest suggests the business could then hike its annual dividend per share by another 6.7% in FY28.

How many Wesfarmers shares would it take to generate $8,000 of passive income?

If the business does pay $2.395 of dividend cash per Wesfarmers share in FY27, an investor would require 3,341 Wesfarmers shares to make $8,000 of passive income in FY27.

However, the above figure doesn’t include franking credits. If we include franking credits, it would take only 2,339 Wesfarmers shares to generate that much passive income in the 2027 financial year.

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

More reading

• Where I’d invest in ASX shares after the recent RBA rate rise
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• 2 strong Australian stocks to buy now with $9,000
• How much do I need in ASX dividend shares to receive $15,000 passive income per year?
• If I invest $15,000 in Wesfarmers shares, how much passive income will I receive in 2027?

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 positions in and has recommended Wesfarmers. 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.