AMP Ltd (ASX: AMP) shares climbed higher at the end of June, recouping losses shed earlier on in the month.

The same can’t be said for the year-to-date, though. 

After a strong start to the year, AMP shares crashed by around 26% in February following the financial services company’s FY25 results. It came in far below expectations, and investors were disgruntled.

The decline marked the company’s largest one-day fall since 2003, when its value tanked 36%.

Ongoing geopolitical tensions and concerns about Australia’s inflation data rate also weighed heavily on financial shares like AMP throughout the first half of the year.

Thankfully, AMP’s first-quarter update was a little more positive. The company reported 45% growth in Platforms’ net cash flows and improved Superannuation & Investments (S&I) net cash outflows in April. The result proved that business growth is underway and revealed momentum across several key divisions. 

It looks like AMP is still viewed as a potential turnaround story by the experts, too.

Many think that if management successfully executes its strategy, improves profitability, and restores market confidence, the share price could benefit from both earnings growth and a higher valuation multiple.

Market Index data shows the majority of brokers have a strong buy rating on AMP shares. The $1.72 average target price implies a potential 7% upside at the time of writing.

The outlook for AMP shares looks positive. But it’s not the only reason investors should think about adding the stock to their portfolio.

AMP shares are a great passive-income opportunity

While AMP is inherently financial cyclical stock, it does have some defensive qualities.

The company is well-known for its superannuation funds, home loans, and everyday/savings accounts. But, a significant portion of its revenue comes from the AMP’s wealth management and superannuation accounts.

Superannuation is often considered defensive because it is an essential financial service, the customer relationships are generally sticky because this type of customer doesn’t usually switch providers, and AMP also benefits from recurring fees.

What dividend does AMP pay its shareholders?

AMP typically pays its investors twice-yearly dividends: an interim dividend in September and a final dividend in April.

AMP’s latest dividend payment in April was 2 cents per security, with 20% franking. Shareholders were also paid an interim 2 cents per security, 20% franked, in September last year.

At the time of writing, that translates to a trailing dividend yield of around 2.5%. 

 

The post Are AMP shares a good buy for passive income? appeared first on The Motley Fool Australia.

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Motley Fool contributor Samantha Menzies 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.

Telstra Group Ltd (ASX: TLS) shares may be one of the most popular dividend options due to the company’s perceived stability and dividend yield.

The ASX telco share usually has a higher dividend yield than the ASX bank shares of Commonwealth Bank of Australia (ASX: CBA) and Macquarie Group Ltd (ASX: MQG), though typically lower than names like Westpac Banking Corp (ASX: WBC), National Australia Bank Ltd (ASX: NAB) and ANZ Group Holdings Ltd (ASX: ANZ).

Telstra has consistently increased its annual payout since the onset of the inflationary period in FY22.

Plus, the FY26 half-year result was yet another example of the bank providing investors with stability and growth – it hiked its interim dividend by 10.5% to 10.5 cents per share.

The HY26 result also showed the business is capable of growing earnings. It reported total income of 0.2% to $11.8 billion, operating profit (EBITDA) rose 4.7% to $4.4 billion, net profit for Telstra shareholders increased 9.4% and earnings per share (EPS) climbed 11.2%.

The cash profit was particularly good. Cash operating profit (EBIT) rose 14%, cash earnings grew 17%, and cash EPS increased 19.7%.

In this article, we’re going to look at the annual FY27 dividend, which will be paid in 2027.

2027 dividend projection for owners of Telstra shares

According to the projection on CMC Invest, the ASX telco share is projected to pay an annual dividend per share of 22 cents in the 2027 financial year.

At the time of writing, this forecast translates into a dividend yield of 4.4% excluding franking credits and a grossed-up dividend yield of approximately 6.1%, including franking credits.

If someone were to invest $8,000 in Telstra, they would be able to buy 1,603 Telstra shares (with a little bit of money left over).

With those 1,603 Telstra shares, investors could receive $352.66 of cash and approximately $136.03 franking credits.

Is this a good time to invest in the ASX telco share?

According to CMC Invest, there have been six analyst ratings calls on the business in the last three months.

Of those six, one was a buy rating and five were hold ratings. So, the investment professionals are largely neutral on the appeal of the company’s valuation right now.

The average price target of those six ratings is $5.33. That means, collectively, those analysts are predicting the Telstra share price could climb by around 7% within the next year (at the time of writing).

The Telstra share price was above $5.33 earlier this year, though it has clearly dropped back since then.

Telstra looks like a solid option for dividends, though there seem to be more compelling ASX shares out there to buy.

The post If I invest $8,000 in Telstra shares, how much passive income will I receive in 2027? 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 positions in and has recommended Macquarie Group. The Motley Fool Australia has positions in and has recommended Telstra Group. The Motley Fool Australia has recommended Macquarie Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Australia’s property market has been the defining economic story of 2026.

Three RBA rate hikes since January have pushed the official cash rate to 4.35%, the highest level since 2011.

The impact on house prices is now showing up in the data. 

CBA’s own economists forecast that dwelling price growth will slow to just 3% by December 2026, down from a prior forecast of 5%. 

What’s more, the Federal Budget’s negative gearing changes add a further headwind for established property prices.

For three of the most widely held ASX shares with direct property exposure, the implications are significant.

REA Group Ltd (ASX: REA): The listing volume threat

Rea Group is the most directly exposed of the three to the property price cycle. This is because its revenue depends on the volume and value of properties listed for sale rather than on owning property itself. 

REA Group shares have fallen 25% so far in 2026, as a combination of a softening property market and a Bell Potter downgrade to sell, with a $137 target, dented the stock’s long-held premium.

The concern is straightforward: if falling prices reduce vendor confidence, fewer Australians choose to list their properties for sale, and REA’s listing volume and yield per listing both come under pressure simultaneously.

That double headwind is precisely what Bell Potter flagged, noting that REA “currently trades around 28x FY27 P/E, which is a level it has historically only traded at during EPS declines.”

The counterargument is equally straightforward: falling prices can extend the time a property sits on the market before selling, which actually increases the total listing revenue REA generates per transaction.

Whether that offset is enough to compensate for lower volumes is the core debate about REA’s FY27 earnings.

Stockland Corporation Ltd (ASX: SGP): New builds vs established markets

Stockland Corporation is one of Australia’s largest residential developers.

The company develops new residential communities rather than selling existing ones. This has meant that the Federal Budget’s negative gearing exemption for new builds directly benefits the company by channelling investor demand away from established properties and toward the new homes Stockland sells. 

Stockland shares have fallen 31% in 2026, dragged lower by interest rate fears alongside the broader real estate sector rather than by any deterioration in the company’s operational performance.

The operational picture actually tells a different story.

In Q3 FY26, Stockland reported a 43% year-on-year lift in Masterplanned Communities sales and a 162% surge in Land Lease Community sales. These results were driven by the same housing shortage that policy changes are trying to address.  

Seven of 10 analysts covering Stockland have a buy or strong buy rating, reflecting confidence in the stock’s future prospects.

Mirvac Group (ASX: MGR): A new-build tailwind hiding inside a falling market

Mirvac Group shares the same structural advantage as Stockland, developing new residential properties rather than trading established ones. 

The Federal Budget’s decision to preserve the negative gearing concession for new builds while restricting it for established properties creates a direct demand incentive for investors to buy new Mirvac apartments and townhouses rather than established properties.

In Q3 FY26, Mirvac delivered a 28% year-on-year lift in residential sales, with management reaffirming full-year guidance. Furthermore, management confirmed the new-build demand tailwind is translating into real sales momentum. 

Mirvac shares have fallen approximately 25% over the past twelve months as the rate-hiking cycle weighed on REIT valuations across the sector. 

Despite this, Macquarie carries an outperform rating on Mirvac with a price target of $2.70. The broker has argued that the residential recovery and build-to-rent growth story can drive earnings higher even in a higher-for-longer rate environment. 

The common thread for ASX property stocks

Falling house prices are not uniformly bad news for every ASX company with property exposure.

REA Group faces the most direct headwind, with its listing revenue model exposed to both lower volumes and reduced vendor confidence. 

Stockland and Mirvac, as new residential developers, are paradoxically better positioned than their share price declines suggest. These companies benefit from the very policy changes driving established property prices lower.

For investors, understanding which side of that distinction each company sits on is the most important question heading into FY27. 

Foolish Takeaway

Property prices are falling in Australia’s two largest cities, and the impact on ASX property shares is material.

REA Group faces the clearest earnings headwind as listing volumes soften.

Stockland and Mirvac, counterintuitively, may be among the few property-exposed ASX shares that benefit from today’s policy environment. 

The post Property prices are falling. Here are the ASX shares most affected 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 positions in and has recommended Macquarie Group. The Motley Fool Australia has recommended Macquarie Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.