The ASX dividend share APA Group (ASX: APA) could be one of the best ideas for passive income in the S&P/ASX 200 Index (ASX: XJO).

APA describes itself as a leading energy infrastructure business. It operates a portfolio of more than $20 billion of assets. This includes gas transmission, processing, compression, and storage assets, with 15,000km of owned gas pipelines being the key asset. It also owns wind farms, solar farms, battery storage, and electricity assets.

Impressively, the business delivers around half of the country’s gas usage, so it’s an integral player in the Australian economy.

With its important assets and growing cash flow, I think it has a great future for the next 10 years and beyond.

Pleasing FY26 result

APA reported a solid set of numbers in the 2026 financial year report.

Total statutory revenue, excluding pass-through revenue, grew 1.9% to $2.76 billion.

The ASX dividend share’s underlying operating profit (EBITDA) climbed 8.3% to $2.18 billion, beating the mid-point of its guidance. There were contributions from newly commissioned assets, inflation-linked tariff escalations, and business-wide cost reduction efforts.

Free cash flow grew 3.2% to $1.1 billion, driven by strong operating cash flow, despite higher tax and interest costs.

APA noted $546 million of capital investment in growth projects, including the Brigalow Peaking Power Plant and pipeline, its East Coast gas grid expansion, and the Sturt Plateau pipeline.

The ASX dividend stock said its organic growth development pipeline has increased to $3.5 billion, up from $3 billion. There’s capacity to fund the investments from the existing balance sheet and the distribution reinvestment plan (DRP).

APA also said it’s progressing a number of attractive long-term growth opportunities, including Beetaloo gas transmission pipelines, contracted gas-powered generation, remote grid power generation, and integrated energy solutions to support the data centre industry. It’s going through the process to advance these plans.

Pleasingly, the business provided underlying EBITDA guidance for FY27 of between $2.26 billion and $2.34 billion, representing year-over-year growth at the mid-point of 5.4%.

That guidance is supported by inflation-linked tariff escalations, a contribution from the new Sturt Plateau pipeline, the conversion of Basslink to a regulated asset, and the annualised benefit of cost reductions.

Why the ASX dividend share is so appealing

The business has provided guidance that it will increase its FY27 distribution to 59 cents per security, which balances rewarding investors with its funding requirements for the organic growth pipeline and the need to maintain its investment-grade credit rating.

With that potential distribution, it would provide a distribution yield of 5.8% at the time of writing.

Impressively, the business increased its annual distribution for the 22nd consecutive year in FY26, which is the second-longest dividend growth streak on the ASX. I think consistency and reliability are extremely important as an ASX dividend share.

In my view, this is one of the best ASX dividend shares to own for the long term. Energy is always needed, and domestically produced energy could become even more important in the years ahead.

The post I think this is one of the best ASX dividend shares to own for the next 10 years 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 Apa Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Yesterday, ClearView Wealth Ltd (ASX: CVW) announced its acquisition by Zurich has been completed, with shareholders receiving $0.60 per share in cash plus a fully franked $0.05 special dividend.

What did ClearView Wealth Limited report?

• Zurich Financial Services Australia Limited has acquired 100% of ClearView shares under the Scheme of Arrangement.
• Shareholders received $0.60 in cash per share and a $0.05 fully franked special dividend per share.
• The Scheme was approved by shareholders on 27 July 2026 and by the Supreme Court of NSW on 30 July 2026.
• ClearView’s shares were suspended from ASX trading on 31 July 2026 and will be delisted on 21 August 2026.
• The ATO has provided a draft Class Ruling relating to the taxation of the scheme and special dividend.

What else do investors need to know?

The acquisition means all ClearView shares are now owned by Zurich, and trading in ClearView shares has ceased. Shareholders on the record date should have received their scheme consideration and special dividend payments.

ClearView has applied for removal from the ASX, which will take effect on 21 August 2026. The company notes that the Australian Tax Office has issued a draft Class Ruling regarding the income tax implication of the scheme and the special dividend. Investors are urged to consult their tax advisers about how these outcomes affect their own circumstances.

What’s next for ClearView Wealth?

With the acquisition now finalised, ClearView will no longer be listed on the ASX and will operate as part of Zurich’s Australian business. Investors are advised to refer to Zurich for future company and strategy updates.

The final Class Ruling from the ATO will be available on the ATO’s website in due course. Shareholders are encouraged to watch for this update, particularly in relation to potential franking credit entitlements.

View Original Announcement

The post ClearView Wealth provides update on Zurich acquisition and ASX delisting 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 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. 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.

As earnings results continue to be released, brokers are busy updating their outlooks on plenty of ASX 300 shares. 

The team at Morgans has just provided fresh guidance on Lottery Corporation Ltd (ASX: TLC) and Superloop Ltd (ASX: SLC). 

Both companies have faced headwinds over the last 12 months, resulting in share price losses between 3% and 8% in that span. 

What did the companies report?

As reported by James Mickleboro earlier this week, Lottery Corporation announced resilient FY26 results. The company maintained a fully franked full-year dividend and continued growth in its Keno business, despite rare unfavourable jackpot outcomes.

EBITDA (before significant items) of $736.1 million was down 1.8%, while NPAT (before significant items) of $342.5 million was down 6.3%. 

Meanwhile, Superloop announced underlying EBITDA increased 33% to $122.7 million, exceeding the top end of upgraded guidance. 

Revenue was up 21.6% to $664.3 million with 205,000 net new customers. 

The full releases can be found here: 

• Superloop FY Results
• Lottery Corporation FY Results. 

Following these results, Morgans provided commentary on both ASX 300 companies. 

Morgans’ view on Superloop shares 

Morgans said given the upgraded FY26 EBITDA guidance in mid-June 2026, the result was largely as expected. 

It is worth noting underlying EBITDA was slightly above the top end of guidance, marking the third upgrade in FY26. The composition of the result underpins our comfort that FY27 consensus expectations for ~$150m of underlying EBITDA are achievable. We retain our HOLD recommendation but lift our Target Price to $3.40.

From yesterday’s closing price, this target indicates almost 9% upside. 

Morgans’ view on Lottery Corporation shares 

Morgans said this ASX 300 stock delivered a resilient FY26 result. 

Price retention held up well, with 63% on Powerball and 100% on Saturday lotto, and the dividend was maintained at 16.5cps. Looking ahead, new FY27 guidance rebases opex to $305-315m and D&A to $125-130m, and with conditions still softer against undemanding comps, we have cut our top-line Lotteries forecasts by 2-3% across FY27-28F.

Below the line, the reclassification of Keno revenue, the exit from online Keno and higher interest costs following the Victorian licence renewal drive c.6-7% EPS cuts. We retain our Hold recommendation, with a revised price target of $5.60 (prev. $5.70).

From yesterday’s closing price, this updated target indicates a modest upside of just over 7%. 

The post What is Morgan’s view on these ASX 300 shares following earnings results? appeared first on The Motley Fool Australia.

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• The Lottery Corporation FY26 earnings: steady results, dividend held
• Superloop FY26 earnings: EBITDA up 33% as customer growth surges
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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 positions in and has recommended The Lottery Corporation. The Motley Fool Australia has recommended The Lottery Corporation. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.