Commonwealth Bank of Australia (ASX: CBA) shares are a popular choice among passive income investors.

The banking giant is the second-largest company on the S&P/ASX 200 Index (ASX: XJO), with a market capitalisation of $253 billion, at the time of writing.

CBA’s latest financial update shows the bank has continued to perform well this year, despite ongoing volatility.

As part of its FY26 results announcement in mid-August, the bank confirmed a 7% increase in cash NPAT and an 8% increase in statutory NPAT for the 12 months to 30th of June. Its operating income also climbed 6.2% over the period.

The bank also said it is the first time it has reported growth at or above system in each of its five core domestic product categories. Those categories are home lending, business lending, consumer finance, household deposits, and business deposits.

The bank’s huge scale and strong operational growth mean it has been able to generate a reliable profit and regularly return a large portion of those earnings to its shareholders by way of dividends.

But what exactly could a passive income from CBA shares look like?

Here’s a breakdown.

What’s the latest on CBA shares?

At the time of writing, CBA shares are trading for $151.24 each. That’s around 6% lower for the year to date and down 11% from 12 months ago.

That means an $8,000 investment would currently buy you around 52 shares.

What dividend is the bank forecast to pay to shareholders in FY27 and FY28?

CBA has paid its shareholders a regular fully-franked dividend since 1992. These are typically paid out every six months, in March and September.

The bank most recently paid a $2.70-per-share fully-franked final dividend in late September. That brought the FY26 dividend total to $5.05 per share.

Going forward, the bank is forecast to pay its shareholders an estimated $5.45 per share dividend in FY27. It is then forecast to pay a slightly lower $5.30 per share dividend in FY28.

Using the CBA share price at the time of writing, this translates to a forward dividend yield of roughly 3.6% for FY27. For FY28, the forward dividend yield is closer to 3.5%.

So, what passive income can I earn off an $8,000 investment into CBA shares in FY27 and FY28?

I’ve run the numbers using the estimated dividend payout figures above to work out roughly how much passive income investors can expect from an $8,000 investment in FY27 and FY28.

If the banking giant pays the forecasted $5.45 per-share dividend in FY27, 52 shares would generate around $283.40 in passive income for the year.

Assuming CBA then pays the expected $5.30 dividend in FY28, those same 52 shares would generate around $275.60 in passive income.

The post If I invest $8,000 in CBA shares, what passive income could I earn in FY27 and FY28? 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.

Certain ASX blue-chip shares can deliver substantial passive income thanks to their high dividend yields.

One of the best things I like about investing in ASX dividend shares compared to term deposits is that they can deliver both a good payout and dividend growth over time.

I think two of the most underrated businesses for passive income are below.

Argo Investments Ltd (ASX: ARG)

Argo is one of Australia’s largest and oldest listed investment companies (LICs). It aims to invest in a diversified portfolio of ASX shares with a low-cost, internally managed business model. It says it invests with a conservative, long-term approach.

It aims to provide shareholders with both fully-franked dividend income and capital growth, and it has been successful in doing so.

Argo has regularly increased its annual payout over the last two decades, though the COVID-19 period did lead to dividend reductions.

In FY26, the business grew its annual dividend per share by 4% to 38.5 cents. That means the business currently has a grossed-up dividend yield of 6%, including franking credits, which is a great starting dividend yield.

Currently, its biggest investments are BHP Group Ltd (ASX: BHP), Macquarie Group Ltd (ASX: MQG), Rio Tinto Ltd (ASX: RIO), Commonwealth Bank of Australia (ASX: CBA), and Wesfarmers Ltd (ASX: WES).

As you can see, the LIC’s portfolio is full of ASX blue-chip shares, which can provide it with resilient profits and dividends over the long term.

With a low management expense ratio of 0.14%, I’d be happy to invest in this business, which has been running since 1946.

JB Hi-Fi Ltd (ASX: JBH)

The other ASX share I really want to highlight is JB Hi-Fi, one of Australia’s leading retailers of electronics and appliances. It has four businesses – JB Hi-Fi Australia, JB Hi-Fi New Zealand, The Good Guys, and E&S.

One of the main reasons why I think the JB Hi-Fi share price is appealing is that the ASX blue-chip share now offers a very large dividend yield. It’s down 40% in the past year, so the dividend yield is much higher.

JB Hi-Fi is projected to pay an annual dividend per share of $3.35 in FY27. That translates into a grossed-up dividend yield of almost 7%, including franking credits. I think that’s an impressive yield considering it has increased its payout most years over the past 15 years.

It’s true the outlook seems difficult for Australian households, so we’ll see how that plays out in the next year or two. But, I think the market is being too pessimistic about the business on a long-term view, particularly considering revenue only fell slightly in Australia at the start of FY27.

If there’s a good time to invest in a retailer like JB Hi-Fi, I think it’s now, given the much better valuation. I think households will continue to buy electronics in the coming year, making it more defensive than ASX investors are giving it credit for.

The post 2 ASX blue-chip shares offering big dividend yields appeared first on The Motley Fool Australia.

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• Buy, hold, sell: Corporate Travel Management, JB Hi-Fi, BHP shares
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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 and Wesfarmers. The Motley Fool Australia has recommended BHP Group, Macquarie Group, and Wesfarmers. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Washington H Soul Pattinson vs GQG Partners shares

Many Aussie investors looking to boost their portfolios with reliable dividends or diversified exposure will likely end up weighing up Washington H Soul Pattinson and Co Ltd (ASX: SOL) against GQG Partners Inc (ASX: GQG). Both companies have reputations for generating solid returns in very different ways. But which is actually the more attractive buy right now? Let’s take a closer look at what sets these two apart, and where the more compelling opportunity may lie.

The case for Soul Patts

Washington H Soul Pattinson, often called Soul Patts, is one of Australia’s oldest listed companies and a true investment conglomerate. With its roots in pharmacy, Soul Patts today holds a sprawling and diversified portfolio across listed and unlisted companies, real assets, emerging businesses, and even a credit arm. Its most recent public profile highlights large stakes in TPG Telecom Ltd (ASX: TPG) and New Hope Corporation Ltd (ASX: NHC), and it now controls Brickworks following a 2025 merger.

What stands out most for Soul Patts is its impressive track record of stable, fully franked dividends and long-term capital growth. As of the latest data:

• Market cap sits at $17.24 billion – making it a heavyweight by Australian standards.
• P/E ratio is 7.7, which looks quite reasonable for such a diversified portfolio.
• The current dividend yield is 2.37%, fully franked, with consistent payments over many years.
• Earnings per share are $5.876, supporting that sustainable payout.
• The company boasts a strong year-to-date return of 23.1%.

If you’re after resilience backed by a long-running, diversified business, Soul Patts.

The case for GQG Partners

GQG Partners is a global asset manager with a boutique approach to actively managed equity portfolios. Headquartered in Florida, the company serves big institutional clients and private investors worldwide, offering exposure to international equity markets and diversified strategies. GQG has built its reputation on performance-driven portfolio management.

Key highlights from the most recent numbers:

• Market cap is $3.22 billion – a fair bit smaller than Soul Pattinson, but still substantial.
• P/E ratio is just 4.81, indicating a much lower multiple on recent earnings.
• Dividend yield is a whopping 18.86%, although these dividends are unfranked.
• Earnings per share currently sit at $0.159, with dividends per share at $0.21.
• Year-to-date return is -28.3%, showing investors have had a tough run recently.

GQG’s headline yield is eye-catching, but investors should look at what’s happening underneath the surface, as high yields can sometimes be a red flag depending on business health and recent share price changes.

Valuation comparison

Here’s how the key figures stack up side by side:

Metric	Soul Patts	GQG Partners
Market Cap	$17.24 billion	$3.22 billion
P/E Ratio	7.70	4.81
Dividend Yield	2.37% (100% franked)	18.86% (unfranked)
Earnings per share	$5.876	$0.159
Dividend per share	$1.11	$0.21
Year-to-date return	23.1%	-28.3%

Soul Pattinson trades at a higher multiple but has delivered stronger share price returns and full franking on its dividends. GQG’s sky-high yield must be weighed against recent heavy share price losses and the fact that dividends are unfranked – a big consideration for tax-advantaged Aussie investors.

Recent share price momentum

Comparing recent share price performance up to 5 October 2026:

• Washington H Soul Pattinson closed at $45.39, having lifted from $44.11 on 8 September 2026 for a roughly 2.9% gain over that month.
• GQG Partners closed at $1.09, down from $1.21 on 8 September 2026, representing a roughly 9.9% drop over the same period.

YTD returns back this up: Soul Pattinson is up 23.1% for the year to date, while GQG is down 28.3%. These numbers highlight clearly different recent trajectories.

Which is the better buy?

For my money, Washington H Soul Pattinson looks like the far stronger pick today. Its diversified structure, reliable steadily rising fully franked dividends, and share price momentum all suggest it’s the steadier, more trustworthy long-term investment. The yield on offer is modest but backed by decades of consistent payments and capital growth.

GQG Partners’ 18.9% yield certainly jumps off the page, but it’s unfranked and comes amidst a hefty share price decline this year. Sometimes a massive yield is more “warning sign” than “bargain.” If the underlying profits (or payout) can’t be maintained, dividend chasers could be left out in the cold – and with recent negative share price momentum, a cautious approach is warranted.

Personally, I’d lean toward Soul Pattinson as the more resilient and attractive buy among these two, especially if you value stability and the tax benefits of franking. GQG might suit aggressive yield hunters, but for most Aussie investors seeking long-term wealth building, Soul Patts gets my nod.

The post Soul Patts vs GQG Partners: Which is the stronger pick? appeared first on The Motley Fool Australia.

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The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia has positions in and has recommended Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia has recommended Gqg Partners. 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 draft. 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.