S&P/ASX 200 Index (ASX: XJO) shares are barely in the green on Tuesday as investors wait for more news about US-Iran negotiations.

Trading Economics analysts say there are signs of progress from talks between American and Iranian officials in Switzerland.

The analysts said:

In a key development, Washington granted Iran a 60-day license to sell oil on international markets, raising expectations of a quicker recovery in global supply.

Traffic through the Strait of Hormuz has also picked up, with producers including Kuwait and the United Arab Emirates finding alternative routes to export energy, while Iran shipped more than 30 million barrels over the past week. 

Meanwhile, two experts give us their views on three ASX shares.

Let’s check them out. 

Flight Centre Travel Group Ltd (ASX: FLT)

The Flight Centre share price is $11.85, down 0.75% today and down 21% in the calendar year to date (YTD). 

Belinda Moore from Morgans has a buy rating on this ASX 200 consumer discretionary share. 

Moore was not surprised after the company downgraded its guidance because of the Iran war.

Due to strong cash reserves and a depressed share price, Flight Centre also announced a new buyback of up to $200 million.

Moore said: 

Given recent downgrades from other travel industry peers due to the conflict in the Middle East, FLT’s downgrade wasn’t a surprise.

While a peace agreement and eased travel restrictions are positive, we think 1H27 will still be challenging.

We forecast a strong recovery in 2H27. If it wasn’t for this conflict, FLT would have had a great year given its results for the first nine months were strong.

We are buyers of FLT because when operating conditions ultimately improve, both its earnings and share price will be materially higher.

Lottery Corporation Ltd (ASX: TLC)

The Lottery Corporation share price is $5.55, down 0.2% today and up 7% YTD. 

Toby Grimm from Baker Young has a hold rating on Lottery Corporation shares.

On The Bull this week, Grimm explained:

Securing a 40-year extension as Victoria’s exclusive lottery operator adds certainty given the importance of the contract and its longer than expected duration.

However, operating performance has been subdued amid challenging consumer conditions and unfavourable jackpot outcomes.

The company continues to identify cost savings, which will help fund digital investment.

The stock is trading at fair value, but we believe the stock appeals in the longer term, supported by a fully franked dividend yield.

Supply Network Ltd (ASX: SNL)

The Supply Network share price is $32.74, down 0.6% today and up 2% YTD. 

Grimm has a sell rating on this ASX 300 consumer discretionary share. 

He said: 

The truck and bus parts supplier has built a leading position in an industry benefiting from an ageing fleet on our roads. Group sales revenue of $200.1 million in the first half of 2026 was up 16.9 per cent on the prior corresponding period.

However, in our view, the stock screens as expensive given it was recently trading on about 33 times estimated earnings in 2026.

Current fuel price uncertainties present another challenge and may impact freight demand in the near term.

The post Buy, hold, sell: Flight Centre, Supply Network, Lottery Corporation shares appeared first on The Motley Fool Australia.

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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 positions in and has recommended Supply Network Ltd and The Lottery Corporation. The Motley Fool Australia has recommended Flight Centre Travel Group, Supply Network Ltd, and The Lottery Corporation. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Buying stocks with a strong dividend yield is a good strategy for some investors, but you want to be confident that they’re going to be around for the long haul.

I’ve had a look through recent broker reports and selected three major Australian companies that are paying a dividend yield of at least 5% and are forecast to do so in the coming years.

Let’s have a look at the companies that made the grade.

Amcor Plc (ASX: AMC)

Broker Morgans has this week issued a new research report on Amcor, tipping the company’s shares will increase to $65.40 over the next 12 months, up from $57.99 currently.

The Morgans team said since Amcor’s merger with Berry in April 2025, it had identified a range of non-core businesses, which are expected to be sold off over time.

Morgans has estimated, conservatively, that these businesses are worth about US$1.8 billion, and to date, Amcor has sold off six businesses for about US$500 million.

On the business more broadly, Morgans said Amcor is a “highly defensive” business with a leading market position and an experienced management team.

They added:

We expect the combination with Berry, along with potential divestments of non-core, lower-quality assets, to enhance AMC’s growth outlook and strengthen its balance sheet over the medium term. While execution of synergy targets will be key, AMC has a strong track record of integrating large scale transactions.

Morgans has forecast Amcor will pay a dividend yield of 6.3% this year, rising to 6.6% by FY28.

Regal Partners Ltd (ASX: RPL)

As well as forecasting a strong dividend yield, Bell Potter has a bullish share price target of $4.70 for Regal Partners, compared to its current price of $2.92.

Regal Partners is an alternative investment manager with eight primary brands, the broker said.

Bell Potter said:

The Group controls $21bn in funds under management. We see further growth, driven by positive net inflows, investment performance, acquisitions and exposure to secular asset classes. This is supported by an aspirational blueprint to double offshore client capital. Successful execution, in our view, provides a pathway to teens growth over the medium term, enhanced through operating leverage.

As well as having the potential for strong capital returns, Bell Potter said Regal Partners was expected to pay a dividend yield of 6.2% this year, with that increasing to 7.6% by 2028.

Metcash Ltd (ASX: MTS)

This grocery company reported its FY26 results this week, which came in line with guidance.

The team at Macquarie said the update on the first seven weeks of the company’s current trading year was mixed, with food below consensus but hardware ahead.

Macquarie maintained its neutral rating on the stock, with a price target of $3.20 compared to $3.01 currently.

The Macquarie team said:

Management is executing well against its strategic priorities. However, broader conditions suggest a mixed outlook. In particular, supplier inflation implies difficulty in maintaining the “IGA Price Gap” and conditions likely to weaken in Hardware due to lower housing turnover.

The company’s dividend yield for 2026 was 5.8%, and this was expected to dip to 5.4% next year, then rise to 5.9% by FY 2029.  

The post 3 companies to own for a dividend yield above 5% appeared first on The Motley Fool Australia.

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Motley Fool contributor Cameron England 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 Amcor Plc. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Viva Energy Group Ltd (ASX: VEA) shares are slipping on Tuesday despite the company announcing progress at its Geelong Refinery.

At the time of writing, the Viva Energy share price is down 2.82% to $2.07. By comparison, the S&P/ASX 200 Index (ASX: XJO) is 0.1% to 8,811 points.

When zooming out, the ASX energy stock has fallen 10% over the past month but remains up about 1% since the start of 2026.

Here’s what the company told the market today.

What did Viva Energy announce?

In a statement to the ASX, Viva Energy said work to restart the Residue Catalytic Cracking Unit at its Geelong Refinery has been completed.

The unit, known as the RCCU, was damaged by a fire at the refinery on 15 April.

Viva Energy said the RCCU and related units are returning to operation this week. This is expected to lift the refinery back to more than 90% of normal capacity.

However, the update wasn’t all good news.

The company said another part of the refinery, the Alkylation unit, will stay offline while it decides whether to repair or replace it.

This means the refinery will have less ability to turn LPG into petrol. Even so, Viva Energy still expects the Geelong Refinery to operate at more than 90% of normal capacity through 2027.

Why is the Viva Energy share price down?

While the refinery restart is positive, the market may still have some concerns about the update.

The Alkylation unit helps convert LPG produced during refining into gasoline, so having it offline will limit some flexibility at the refinery.

While production is expected to return to more than 90% of normal capacity, one part of the refinery could still be out of action for a long time.

Viva Energy also said it is still investigating the cause of the incident and working with insurers on property damage and business interruption claims.

Early findings suggest the fire was caused by the failure of a section of piping within the Alkylation unit, which released fuel that later ignited.

Refining margins remain strong

One part of the update that may interest shareholders is the refining margin.

Viva Energy said its Geelong Refining Margin was US$23.90 a barrel for April and May. This was based on refining intake of 6.5 million barrels.

The company said the result was helped by strong market conditions and lower fuel oil production after the incident.

Nonetheless, the extended Alkylation outage means there is still some uncertainty around how the plant performs from here.

The post This ASX energy stock is sliding despite a major refinery restart appeared first on The Motley Fool Australia.

More reading

• Viva Energy Group: Geelong Refinery nears full capacity after fire
• Oil prices slump to pre-war levels as supply-risk premium evaporates
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• Here are the top 10 ASX 200 shares today

Motley Fool contributor Aaron Teboneras 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.