The Australian Age Pension is one of the most generous in the world and it’s becoming increasingly rewarding. Despite that, there are high-yield ASX dividend stocks I’d rather rely on for income.

The Age Pension rates have recently had a boost. The maximum normal Age Pension for a single person is now $1,237.70 per fortnight. That translates into an annualised approximate $32,180.

I’m going to talk about why I prefer the Dexus Industria REIT (ASX: DXI) over the Age Pension.

High-yield ASX dividend stock

Following interest rate rises and market uncertainty surrounding interest rates, I’d suggest that real estate investment trusts (REITs) are being overlooked by the market as long-term opportunities.

This particular business is an Australian REIT that is invested in high-quality industrial warehouses. At 30 June 2026, its property portfolio was valued at $1.5 billion and is located across major Australian cities, with a goal to provide sustainable income and capital growth for investors.

The business has provided guidance that it will pay a distribution of 16.6 cents per security in FY27, representing a distribution payout ratio of 97.6% – that’s high but sustainable.

The forecast payout translates into a distribution yield of 7%, which is a high and pleasing dividend yield.

To match the annual Age Pension, an investor would need 193,856 units of the REIT.

Rising rental income

One of the main reasons why I think this high-yield ASX dividend stock is so appealing is because it’s experiencing solid rental growth.

In FY26, it saw strong like-for-like portfolio income growth of 5.3%, supported by rental escalations, strong re-leasing spreads of 21.4% (new contracts generating stronger revenue than old rental contracts) and a high occupancy rate of 98.8%.

The high-yield ASX dividend stock suggests that moderating supply supports stronger market fundamentals and the outlook for its existing portfolio. Construction costs are forecast to compound faster than CPI, so its existing $217 million development pipeline offers a hard-to-replicate pathway to growth.

The business has a lot of its revenue linked to CPI, so it can provide long-term impacts of inflation.

Capital growth potential

The final reason I think this option is superior to the Age Pension is that it can provide capital growth, whereas the Age Pension doesn’t.

As rents increase over time, this can provide a boost to the value of the properties and support the Dexus Industria REIT unit price.

During FY26, its net tangible assets (NTA) per security grew 2.4% to $3.42. That means it’s now undervalued by 31% compared to the June 2026 NTA. I think it’s a great time to invest for the long-term.

The post 193,856 shares of this high-yield ASX dividend stock pays an income equal to the Age Pension 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.

Nufarm Ltd (ASX: NUF) shares were turning heads yesterday after tumbling 6% in a single session. 

This halted strong momentum from the Australian agricultural chemical and seed technology company. 

Its share price remains up 29% year to date. 

What were investors reacting to?

Nufarm shares fell following the release of an ASX announcement from the company. 

As reported by Aaron Teboneras, Nufarm announced an updated FY26 guidance. 

According to the release, underlying EBITDA is expected to increase approximately 25% on the prior corresponding period. 

For FY26, underlying EBITDA is expected to be between $370 million and $380 million, representing 25% growth at the midpoint compared to FY25. 

Despite these positive numbers, investors were exiting their positions in Nufarm shares. 

It’s possible this is because Nufarm is facing another $90 million to $110 million of restructuring costs, adding to last year’s large statutory loss and raising concerns about ongoing costs and uncertainty.

Although underlying EBITDA is improving, investors want to see whether the restructuring actually leads to sustainable profits and cash flow, rather than repeated one-off charges.

What is Bell Potter’s outlook for Nufarm shares?

Following the fall to $3 a share for Nufarm shares, Bell Potter released updated guidance. 

Ultimately, the broker’s view is positive. 

Bell Potter said Nufarm’s underlying performance is stronger than expected, particularly in Seeds, while the balance sheet is improving and the restructuring is progressing.

Bell Potter expects underlying EBITDA to remain strong and grow from FY26 onward, but NPAT will remain weighed down by largely non-cash restructuring costs, meaning statutory profit may lag the underlying EBITDA improvement.

Buy rating unchanged 

Bell Potter ultimately sees plenty of upside despite the announcement. The broker retained its buy recommendation and raised its price target to $3.90 for Nufarm shares (previously $3.75).

Our Buy rating is unchanged. In FY26e NUF has delivered a result that was consistent with our expectations, while incurring costs related to plant outages that were not expected. The underlying performance looks to be stronger than what is implied at the headline, with material YoY growth in Seeds and the basis of the next leg of cost outs now articulated.

From yesterday’s closing price, this indicates an upside potential of 30%. 

Importantly for investors, Bell Potter isn’t the only broker with a positive view. 

The team at Morgans recently placed a $4.15 price target on Nufarm shares. 

From current levels, this indicates an upside potential of 38%. 

The post What is Bell Potter’s updated view on Nufarm shares after crashing 6% appeared first on The Motley Fool Australia.

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Motley Fool contributor Aaron Bell 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.

The Premier Investments Ltd (ASX: PMV) share price is in focus after the company posted a net profit from continuing operations of $129.2 million, down 10.3% from last year, with total revenue from ordinary activities slipping 2.8% to $808 million.

What did Premier Investments report?

• Total revenue from continuing operations: $808.0 million (down 2.8%)
• Net profit after tax (continuing operations): $129.2 million (down 10.3%)
• Final dividend: 36 cents per share, fully franked (record date 11 December 2026; payable 22 January 2027)
• Interim dividend: 45 cents per share, fully franked
• Total ordinary dividends for FY26: 81 cents per share (up from 50 cents in FY25, which included a large in-specie distribution)
• Net tangible assets per share: $4.19 (down from $4.43)

What else do investors need to know?

The 2026 financial year was Premier Investments’ first full year after selling its five Apparel Brands to Myer Holdings in January 2025. The group is now focused on its Peter Alexander and Smiggle retail brands, alongside its investment in Breville Group.

Peter Alexander continued to perform strongly, recording $565.3 million in sales (up 3.2%), aided by the successful launch of the ‘Peter’s Dreamers’ loyalty program. However, subsequent to year-end, the group announced the closure of its three UK Peter Alexander stores due to sustained weak trading in that market—an impairment expense of $7.7 million was recognised.

In contrast, Smiggle recorded global sales of $230.2 million, down 12.9% from the prior year, and has embarked on a strategic brand repositioning, targeting its original core age group for renewed growth.

Premier also remains a major shareholder in Breville Group Ltd (ASX: BRG) (holding 25.2%), booking $34.8 million in associate profit and receiving $13.9 million in dividends from Breville during the year.

What did Premier Investments management say?

John Bryce, Chief Financial Officer at Premier Retail, said:

Despite challenging conditions, we were able to maintain strong gross margins and continue investment in our brands. The resilience of Peter Alexander and our ability to adapt at Smiggle shows the underlying strength of our focused retail platform.

What’s next for Premier Investments?

Looking ahead, Premier Investments will focus on deepening customer engagement, particularly through the Peter Alexander loyalty program. With the winding down of UK store operations, Peter Alexander’s international strategy will now centre on online rather than bricks-and-mortar in Europe.

For Smiggle, the brand refresh is expected to underpin future growth, with a relaunch planned for FY27 targeting the core 6–12 year age demographic. The group also plans ongoing investment in both brands, supply chain innovation, digital channels, and sustainability initiatives.

Management remains confident in the group’s financial flexibility and cash position, supporting continued dividends and capital management.

Premier Investments share price snapshot

Over the past 12 months, Premier Investments shares have declined 45, significantly trailing the S&P/ASX 200 Index (ASX: XJO).

View Original Announcement

The post Premier Investments earnings: Net profit slips, dividend steady in FY26 appeared first on The Motley Fool Australia.

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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 recommended Premier Investments. 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.