Author: openjargon

  • $3,000 buys 625 shares in an impressively reliable ASX dividend stock

    Male hands holding Australian dollar banknotes, symbolising dividends.

    The ASX dividend stock space is one of the best things about the ASX share market. How good is it to receive regular passive income and an attractive dividend yield?

    There are plenty of appealing, dividend-paying businesses on the ASX like Medibank Private Ltd (ASX: MPL), Centuria Industrial REIT (ASX: CIP) and Telstra Group Ltd (ASX: TLS). All of them would be worthy of a spot in a dividend-paying portfolio, in my view.

    But, for my own portfolio, there are a few ASX dividend stocks that I’ve backed heavily and I think it’s good to be open about which ASX shares I’m buying, partly because of the dividends being provided.

    With that in mind, I’m going to highlight L1 Long Short Fund Ltd (ASX: LSF), my second-largest holding.

    Very effective investment strategy

    The business invests in ASX shares and, to a lesser degree, global shares.

    It invests using a bottom-up, fundamental, research-driven investment approach focused on strict quality and valuation criteria, resulting in an investment style that is value and contrarian biased.

    The fund uses both and long and short positions aiming to profit from both rising and falling share prices.

    L1 Long Short Fund said in its July 2026 update that it’s focusing on company-specific opportunities where valuation and earnings delivery can drive returns across a range of market environments.

    The fund manager believes the portfolio looked well placed, with the medium long position trading on a price/earnings (P/E) ratio of 10, supported by double-digit earnings per share (EPS) growth and modest debt levels.

    The listed investment company (LIC) invests quite differently for the S&P/ASX 200 Index (ASX: XJO), giving investors useful exposure to compelling businesses.

    Diversification

    The ASX share market is largely focused on ASX bank shares and ASX mining shares.

    This ASX dividend stock invests in a “highly diversified portfolio of typically 50 – 100 long and short positions”.

    L1 Long Short Fund has generated returns for a number of sectors, but the main three have been materials, industrials and communication services, with the next two most profitable sectors being utilities and financials.

    As I’ve already mentioned, the LIC is invested across ANZ, North America, Europe and Asia, which is pleasing geographic diversification.

    Strong dividend income

    As a LIC, the ASX dividend stock can turn investment returns into passive income.

    Over the last five years, L1 Long Short Fund’s portfolio has returned an average of 17.1%, which is a strong level of return.

    L1 Long Short Fund has grown its annual dividend per share each year since 2021, which is a pleasing and growing dividend streak.

    The LIC recently switched to quarterly payments and now increases its dividend every three months.

    It hiked its FY26 annual payout by 14.5% to 14.6 cents per share. That translates into a grossed-up dividend yield of 4.3%, including franking credits.

    I think the FY27 payout will be at least 16.2 cents per share, representing year-over-year growth of at least 11%. I think the grossed-up dividend yield will be at least 4.8%, including franking credits.

    Compelling ASX dividend stock investment

    With $3,000, investors could buy 625 shares of the L1 Long Short Fund, unlocking plenty of passive income for shareholders.

    I think it pays to take a contrarian view on shares, and this LIC has proven very effective.

    In my view, its strategy gives it a great chance to outperform the ASX 200 over the next five years.

    The post $3,000 buys 625 shares in an impressively reliable ASX dividend stock appeared first on The Motley Fool Australia.

    Should you invest $1,000 in L1 Long Short Fund right now?

    Before you buy L1 Long Short Fund shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and L1 Long Short Fund wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 1 August 2026

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    Motley Fool contributor Tristan Harrison has positions in L1 Long Short Fund. 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 Telstra Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • Netwealth faces class action after compensation payments

    Worried man watching his smartphone.

    The Netwealth Group Ltd (ASX: NWL) share price is under the spotlight today after the company announced its subsidiaries have been served with a class action concerning certain First Guardian investment options. Netwealth previously paid around $101 million in compensation to affected members and had already addressed related matters with ASIC.

    What did Netwealth report?

    • Class action lodged against Netwealth Investments Limited and Netwealth Superannuation Services Pty Ltd concerning First Guardian investment options
    • Netwealth has already paid $101 million in compensation to impacted members
    • Original issues were subject to a court-enforceable undertaking with ASIC
    • Compensation program was completed in January 2026

    What else do investors need to know?

    Netwealth has confirmed it intends to defend the class action. The company clarified that the matters underlying the claim had been previously addressed in partnership with ASIC, and compensation was paid by January 2026.

    The claim does not relate to current platform features or operations. Netwealth’s full range of financial products, services, and technological capabilities remain unaffected, and day-to-day operations are continuing as normal.

    What’s next for Netwealth?

    Netwealth’s future focus is on defending the claim while maintaining strong governance and customer trust. The company continues to invest in technology, customer support, and governance to ensure its platform and client services remain industry-leading.

    Investors can expect updates on the legal proceedings as they progress. Netwealth remains committed to transparent communication and operating in the best interests of its stakeholders.

    Netwealth share price snapshot

    Over the past 12 months, Netwealth shares have declined 38%, trailing the S&P/ASX 200 Index (ASX: XJO), which has fallen 1% over the same period.

    View Original Announcement

    The post Netwealth faces class action after compensation payments appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Netwealth Group right now?

    Before you buy Netwealth Group shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Netwealth Group wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 1 August 2026

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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 positions in and has recommended Netwealth Group. The Motley Fool Australia has positions in and has recommended Netwealth Group. 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.

  • Forget BHP and buy this ASX copper stock

    Man analysing data on his laptop.

    BHP Group Ltd (ASX: BHP) is a popular option for investors looking for copper exposure.

    But given its very strong run over the past 12 months, investors might find better value elsewhere on the market.

    The team at Bell Potter certainly thinks that is the case and is recommending one ASX copper stock to clients.

    Which ASX copper stock?

    The stock that has caught the eye of Bell Potter is AIC Mines Ltd (ASX: A1M).

    It is a Western Australia-based copper production and exploration company focused on the 100%-owned Eloise Copper Project (ECP).

    Bell Potter highlights that the ASX copper stock has announced the acquisition of the Mt Cuthbert copper project, located ~150km northwest of its Eloise operation. It said:

    Mt Cuthbert is a past-producing copper mine, with infrastructure including copper oxide heap leach pads and an 8,000tpa solvent extraction and electrowinning (SX-EW) processing facility (on care and maintenance). The project also has a 64-room camp, site offices, workshops and diesel fired power generation. 

    Past production includes ~17.3kt Cu cathode from oxide operations and ~5.7kt Cu in concentrate at a recovery of 92% via toll-treatment of sulphide ore at the Ernest Henry mine (2020). The project has Mineral Resources of 18.7Mt @ 1.3% Cu for 246kt Cu located entirely on granted Mining Leases within a highly prospective 2,400km2 tenement package. ~74% of the current Resource is sulphide ore, for ~180kt contained copper.

    Should you invest?

    According to the note, the broker has retained its buy rating on the ASX copper stock with an improved price target of $1.15 (from $1.05).

    Based on its current share price of 90 cents, this implies potential upside of approximately 28% for investors over the next 12 months.

    Bell Potter believes this leaves the company well-positioned to become a multi-mine copper producer. Commenting on its recommendation, the broker said:

    This sets a clear strategic direction for growth for A1M to develop a second production asset and become a multi-mine copper producer. The implied acquisition valuation of the Resource compares favourably with A1M’s pre-deal valuation and the infrastructure and production history de-risks the asset. 

    While A1M’s development strategy relies on exploration success, we view the existing Resources as highly prospective for growth and A1M’s planned 60,000m drill program as aggressive. EPS changes in this report are: FY27: -26%, FY28: -30%, FY29: -23%, reflecting increased exploration expenditure and the dilution of equity issuance for the deal. We retain our Price performance Buy recommendation on a 10% higher NPV-based target price of $1.15/sh.

    The post Forget BHP and buy this ASX copper stock appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Aic Mines right now?

    Before you buy Aic Mines shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Aic Mines wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 1 August 2026

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    Motley Fool contributor James Mickleboro 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 BHP Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • Super Retail Group vs Wesfarmers: Dividend showdown for Aussie investors

    Two shop workers smiling and looking at a laptop surrounded by plants.

    Super Retail Group vs Wesfarmers shares: Which dividend stock is better right now?

    Everyday investors weighing up Super Retail Group Ltd (ASX: SUL) and Wesfarmers Ltd (ASX: WES) shares could find themselves facing a classic income-versus-stability puzzle. Both companies are big names on the ASX, offer strong brands, and pay fully franked dividends. But there are major differences in size, recent performance, and dividend yield. So, which of these consumer stocks deserves a spot in a dividend-hunter’s portfolio right now?

    The case for Super Retail Group

    Super Retail Group operates some of Australia and New Zealand’s most recognisable retail brands, including Supercheap Auto, Rebel, BCF, and Macpac. It’s a go-to retailer for auto parts, sporting goods, and camping and outdoor gear. According to its most recent public description, the group oversees more than 700 stores, plus online stores, and sources products internationally. Supercheap Auto alone brings in the largest slice of sales revenue.

    Three stand-out fundamentals grab my attention. First, Super Retail Group’s fully franked dividend yield comes in at a hefty 5.28%, based on current data. Second, its P/E ratio is 13.59, suggesting a much lower valuation than Wesfarmers, at least on current earnings. Third, despite a steady dividend record, its shares have been under pressure, sporting a year-to-date return of -19.2% as of the latest figures.

    On the dividend front, Super Retail Group has shown a long history of consistent, fully franked dividends, with regular interim and final payouts, plus some special dividends in recent years. The latest annual dividend was 65 cents per share, again fully franked.

    The case for Wesfarmers

    Wesfarmers is one of Australia’s largest conglomerates, with operations spread across retail (Bunnings, Kmart, Officeworks, Priceline), chemicals, energy, and fertilisers, among other sectors. It’s a diversified powerhouse that brings the kind of stability you’d expect from a business with more than a century of history and a mix of non-retail exposure.

    If I zero in on fundamentals, Wesfarmers’ market cap is huge at $83.73 billion, reflecting its scale and diversification. Its fully franked dividend yield is 3.03%—lower than Super Retail Group, but still respectable for a blue chip name. The P/E ratio is 28.93, which is more than twice that of Super Retail Group, making it look much pricier if we compare purely on that basis. Its year-to-date return is -6.8%, meaning it’s held up better than Super Retail Group across recent volatility, though it’s still down for the year.

    Dividend history is another positive. Wesfarmers has also maintained a steady rhythm of fully franked dividends, including interim and final payments, with some occasional specials.

    Valuation comparison

    Here’s how some key metrics stack up:

    Metric Super Retail Group Wesfarmers
    P/E Ratio 13.59 28.93
    Dividend Yield 5.28% 3.03%
    Dividend per Share $0.65 $2.22
    EPS 0.906 2.534
    Franking 100% 100%
    Market Cap $2.81B $83.73B

    Wesfarmers’ P/E is notably higher than Super Retail Group’s P/E, meaning you’re paying a larger multiple for each dollar of earnings. As for dividends, Super Retail Group is hands-down ahead on headline yield, and both companies offer fully franked payouts.

    Recent share price performance

    Let’s look at how the shares have performed in the short term. Comparing the period until 23 September:

    • Super Retail Group closed at $12.43, having shown some volatility and a year-to-date decline of -19.2%.
    • Wesfarmers closed at $73.79, with less severe declines and a year-to-date return of -6.8%.

    This suggests that while neither company has been immune from market volatility, Wesfarmers shares have been much more resilient in 2026 so far.

    Which is the better buy?

    If I had to pick a consumer stock for dividends right now, I’d lean toward Super Retail Group. Its forward dividend yield of 5.28%, fully franked, is a clear standout versus Wesfarmers’ 3.03%. The company has a consistent payout history—and while the recent price decline might feel uncomfortable, it’s exactly this weakness that’s pushed up the yield and left the stock trading on a much lower earnings multiple.

    Of course, Wesfarmers offers scale, diversification, and stability that you just don’t get with a smaller, focused retailer like Super Retail Group. Its size might make it the steadier option for risk-averse investors and its business mix is broader, but if I’m focused on dividend income and value, Super Retail Group currently looks more appealing based on the fundamentals visible here.

    That said, neither company has escaped this year’s broader market negativity, and anyone considering either name should be mindful of why sentiment has cooled. Still, right now, Super Retail Group’s high, fully franked dividend yield and modest P/E ratio tip the scales for me, as long as you’re comfortable with some short-term volatility.

    The post Super Retail Group vs Wesfarmers: Dividend showdown for Aussie investors appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Super Retail Group right now?

    Before you buy Super Retail Group shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Super Retail Group wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 1 August 2026

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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 positions in and has recommended Super Retail Group and Wesfarmers. The Motley Fool Australia has positions in and has recommended Super Retail Group. The Motley Fool Australia has recommended Wesfarmers. 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.

  • This ASX 200 share offers 30% upside and a 7% yield

    A male sharemarket analyst sits at his desk looking intently at his laptop with two other monitors next to him showing stock price movements

    If you are hunting for the winning combination of major upside and a generous dividend yield, then read on!

    That’s because Bell Potter has just identified one ASX 200 share that offers both.

    Which ASX 200 share?

    The share that Bell Potter is recommending to clients is Premier Investments Ltd (ASX: PMV).

    It is the owner of the Smiggle and Peter Alexander brands, as well as a sizeable stake in Breville Group Ltd (ASX: BRG).

    Bell Potter notes that the company released its FY 2026 results this week, which were in line with expectations. 

    The broker was also pleased to see Premier Investments have an encouraging start to FY 2027. It said:

    Premier Investment’s FY26 result was in line with expectations, with Premier Retail EBIT (Pre-AASB 16 ex-Peter Alexander UK and other non-recurring items) of ~$176m pre-reported in Aug. The incremental update in the result was the early FY27 trading with global sales and gross profit $ (on a constant currency basis) for the first 7 weeks +1% on pcp. The Smiggle brand (~30% of Premier Retail) has commenced the key strategy reset in Aug with stores undergoing changes in the product range to reclaim the 6-12 year old customer demographic. 

    For the key PA brand (~70% of Premier Retail), store upsizing opportunities were reiterated in addition to the return of the new store growth in FY27. The company reported a strong cash position of $391m, in addition to a lean inventory position of ~$97m ahead of the 2Q peak season’s trading.

    Should you invest?

    According to the note, Bell Potter has retained its buy rating on the ASX 200 share with a trimmed price target of $15.50 (from $16.50).

    Based on its current share price of $11.95, this implies potential upside of 30% for investors over the next 12 months.

    In addition, the broker is forecasting fully franked dividend yields of 7.1% in both FY 2027 and FY 2028. This boosts the total potential annual return to approximately 37%.

    Commenting on the ASX 200 share, Bell Potter said:

    Our target price is based on a sum-of-the-part valuation of the Premier Investments business with a 10x (prev. 11x) multiple for PA, 3x (prev. 4x) for Smiggle and a current market valuation for Breville Group (BRG). Our TP decreases ~6% to $15.50 (prev. $16.50) largely driven by the change in the market value of PMV’s holding in BRG. 

    While we expect a period of slow growth for PMV near to medium term, we view PMV’s forward multiple as attractive considering the Premier Retail division together with PMV’s equity investments, land bank and cash position while retaining a strong balance sheet supportive of M&A. Our SOTP sees an attractive ~$1.6b EV for the key PA brand vs PMV’s $1.9b market capitalization.

    The post This ASX 200 share offers 30% upside and a 7% yield appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Premier Investments right now?

    Before you buy Premier Investments shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Premier Investments wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 1 August 2026

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    Motley Fool contributor James Mickleboro 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 ASX uranium stock could rise 40%: Broker

    Young successful engineer, with blueprints, notepad, and digital tablet, observing the project implementation on construction site and in mine.

    Shares in Deep Yellow Ltd (ASX: DYL) have fallen by more than a third over the past year, but the analysts at Morgans think it’s time to take another look at the company.

    The broker has a speculative buy rating on Deep Yellow shares and a bullish price target, which I’ll get to shortly.

    First let’s look at why they believe Deep Yellow could be in line for a rerating.

    Deep Yellow’s major project heading in the right direction

    Deep Yellow’s flagship project is the Tumas uranium project in Namibia, where the company is targeting a final investment decision in the fourth quarter of 2026.

    The company in August announced it had secured a long-term water supply for the mine, as well as an agreement for Namibian private company Oponona to take a 5% stake in the project, in line with the Namibian Ministry of Mines and Energy’s requirements for supporting local ownership.

    Regarding the recent updates, Deep Yellow Managing Director Greg Field said:

    These milestones build on completed bulk earthworks, major civil and concrete works now underway, and continued progress across engineering, procurement, optimisation and financing. Tumas is becoming progressively more de-risked and construction-ready. We have real momentum and will continue systematically closing out the remaining workstreams as we build the strongest possible platform for a disciplined investment decision.

    Deep Yellow shares looking cheap

    In a research note to clients, Morgans said that since a previous decision to defer the project’s sanctioning, “uranium market conditions have improved materially, detailed engineering has advanced, key infrastructure agreements have been executed and project financing work has continued”.

    Morgans added:

    We believe Tumas is emerging as one of the more advanced undeveloped uranium projects globally, although funding, execution and contracting risks remain. With several important milestones now largely complete, we think investors should reacquaint themselves with the asset before the next phase of the story begins.

    Morgans also said the decision to delay the project had “aged well”, with long-term uranium prices strengthening and contracting conditions more supportive of producers.

    They added that Namibia was a tier-1 jurisdiction, the deposit was a well-understood style, and it had a long-life production profile which compared favourably with many undeveloped peers.

    The broker also noted:

    DYL offers leveraged exposure to a strengthening uranium market through its flagship Tumas Project. We believe the market is underappreciating the value of a development-ready uranium asset with significant leverage to improving industry fundamentals.

    Morgans has a target price of $1.95 on Deep Yellow shares compared to the current price of $1.30.

    Deep Yellow is valued at $1.32 billion.

    The post This ASX uranium stock could rise 40%: Broker appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Deep Yellow right now?

    Before you buy Deep Yellow shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Deep Yellow wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 1 August 2026

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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 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.

  • 2 ASX passive income share ideas I’d use to generate $500 a month in 2027

    Elderly couple cosily walking together outside.

    One of my favourite types of investments to look at are ASX dividend shares that can provide excellent passive income.

    There are many names on the ASX that are providing dividends, but they’re nowhere near as well-known as some stocks like Commonwealth Bank of Australia (ASX: CBA).

    In my view, I’d choose the below ASX passive income shares over CBA shares every time.

    Australian United Investment Company Ltd (ASX: AUI)

    CBA is a high-quality bank, but it’s a singular business. Owning shares in a listed investment company (LIC) means getting exposure to a compelling portfolio. Each LIC has a portfolio built around its investment strategy.

    AUI is one of the most underrated LICs around, in my view. Most of its portfolio focuses on ASX blue-chip shares, though a portion of its assets is also invested in Vanguard funds that provide exposure to international shares, adding useful diversification and alternative returns.

    Currently, its biggest holdings are CBA, BHP Group Ltd (ASX: BHP), Rio Tinto Ltd (ASX: RIO), ANZ Group Holdings Ltd (ASX: ANZ), CSL Ltd (ASX: CSL), Wesfarmers Ltd (ASX: WES), Westpac Banking Corp (ASX: WBC), Transurban Group (ASX: TCL) and Washington H. Soul Pattinson and Co. Ltd (ASX: SOL).

    For the last 30 years, the LIC has either grown or maintained its regular dividend, which is an excellent record of payout consistency by the ASX passive income share.

    Excluding special dividends, its current grossed-up dividend yield is 4.4%, including franking credits, at the time of writing.

    It has paid a special dividend each year for the past three years of 8 cents per share. If that’s included, then the grossed-up dividend yield rises to 5.4%, including franking credits.

    Future Generation Global Ltd (ASX: FGG)

    The other ASX passive income share I want to highlight is another LIC, except this one has a much larger focus on global shares, while AUI is focused on ASX shares.

    Future Generation Global doesn’t charge management fees or performance fees. Instead, it invests in the portfolios of various global-focused fund managers, who all work for free to enable the LIC to donate 1% of its net assets each to youth mental health charities. How good is that?

    Some of the fund managers involved include Antipodes, Plato, WCM, Muncro, Vinva, Cooper Investors, Paradice, Morphic, Fairlight and Langdon.

    For such a diverse array of managers and investment strategies, I think the portfolio has performed adequately, with an average return of 13% per year over the last three years.

    The ASX passive income share has increased its annual payout every year for the past seven years in a row, which is an impressive streak. It expects to grow its annual payout to 8.4 cents per share in FY26, translating into a forward grossed-up dividend yield of 7.3%, including franking credits.

    I like the combination of supporting younger people, international share diversification and good dividends.

    $500 per month of passive income

    Achieving an average income of $500 per month targets $6,000 annually.

    Between the two stocks above, their average dividend yield is 6.35%. If we were to invest evenly between them, it’d take an investment of $94,500 to generate that income. I’d be very happy to make that investment.  

    The post 2 ASX passive income share ideas I’d use to generate $500 a month in 2027 appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Australian United Investment Company right now?

    Before you buy Australian United Investment Company shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Australian United Investment Company wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 1 August 2026

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    Motley Fool contributor Tristan Harrison has positions in Future Generation Global and Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended CSL, Transurban Group, Washington H. Soul Pattinson and Company Limited, and Wesfarmers. The Motley Fool Australia has positions in and has recommended Transurban Group and Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia has recommended BHP Group, CSL, and Wesfarmers. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • 5 things to watch on the ASX 200 on Friday

    Retiree using a laptop outside his house.

    On Thursday, the S&P/ASX 200 Index (ASX: XJO) had a disappointing day and sank into the red. The benchmark index fell 0.7% to 8,702 points.

    Will the market be able to bounce back from this on Friday and end the week on a high? Here are five things to watch:

    ASX 200 expected to fall

    The Australian share market looks set for another poor session on Friday following a mixed night of trade in the United States. According to the latest SPI futures, the ASX 200 is expected to open 28 points or 0.3% lower this morning. On Wall Street, the Dow Jones was down 0.3%, the S&P 500 edged lower, and the Nasdaq rose slightly.

    Oil prices rise

    ASX 200 energy shares Santos Ltd (ASX: STO) and Woodside Energy Group Ltd (ASX: WDS) could have a good finish to the week after oil prices rose overnight. According to Bloomberg, the WTI crude oil price is up 2.9% to US$94.80 a barrel and the Brent crude oil price is up 3.85% to US$107.06 a barrel. This was despite reports of talks for a phased reopening of the Strait of Hormuz.

    Buy Premier Investments shares

    The Premier Investments Ltd (ASX: PMV) share price could be cheap according to Bell Potter. In response to its results release, the broker has retained its buy rating with a trimmed price target of $15.50. It said: “While we expect a period of slow growth for PMV near to medium term, we view PMV’s forward multiple as attractive considering the Premier Retail division together with PMV’s equity investments, land bank and cash position while retaining a strong balance sheet supportive of M&A. Our SOTP sees an attractive ~$1.6b EV for the key PA brand vs PMV’s $1.9b market capitalization.”

    Gold price edges lower

    ASX 200 gold shares Evolution Mining Ltd (ASX: EVN) and Newmont Corporation (ASX: NEM) could have a soft finish to the week after the gold price edged lower overnight. According to CNBC, the gold futures price is down 0.15% to US$4,310.1 an ounce. A rise in bond yields to fresh highs put pressure on the gold price.

    GenusPlus shares given buy rating

    The team at Bell Potter is also recommending GenusPlus Group Ltd (ASX: GNP) shares as a buy. This morning, the broker has retained its buy rating and $12.80 price target on the infrastructure services provider’s shares. It said: “GNP is working through a record tender pipeline valued at $3.6b (as at FY26; up 50% YoY) across the transmission, BESS, rail and wind farm construction markets. GNP’s FY27 PE of 19.1x is undemanding; we see potential for a re-rate towards 22-24x in the near-term, a justified premium to the peer group average. Catalysts to drive this multiple re-rate include: 1) a guidance upgrade (we view the FY27 guidance as conservative); 2) strong conversion of the tender pipeline; and 3) further M&A.”

    The post 5 things to watch on the ASX 200 on Friday appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Evolution Mining right now?

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    Motley Fool contributor James Mickleboro has positions in Woodside Energy Group Ltd. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended GenusPlus Group. The Motley Fool Australia has recommended GenusPlus Group and Premier Investments. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • 15 ASX shares going ex-dividend next week

    Dividends written in yellow on chalkboard, with finance-related diagrams.

    ASX companies continue to pay out billions of dollars in dividends following the August earnings season.

    To receive a dividend, you must own the ASX share before its ex-dividend date.

    We’re helping you keep track of ex-dividend dates with an article every Friday.

    Here’s a sample of the ASX shares going ex-dividend next week.

    ASX shares set to trade ex-dividend next week

    Rural Funds Group (ASX: RFF)

    This ASX agricultural real estate investment trust (REIT) will pay an unfranked dividend of 2.9 cents per share on 30 October.

    The ex-dividend date is Tuesday, 29 September.

    Centuria Industrial REIT (ASX: CIP)

    This ASX REIT will pay an unfranked dividend of 4.3 cents per share on 28 October.

    The ex-div date is 29 September.

    Centuria Office REIT (ASX: COF)

    This ASX REIT will pay an unfranked dividend of 2.2 cents per share on 28 October.

    The ex-dividend date is 29 September.

    Tasmea Ltd (ASX: TEA)

    This ASX industrials share will pay a fully-franked dividend of 8.5 cents per share on 30 October.

    The ex-div date is 29 September.

    Charter Hall Social Infrastructure Ltd (ASX: CQE)

    This ASX REIT will pay an unfranked dividend of 4.5 cents per share on 21 October.

    The ex-dividend date is 29 September.

    Charter Hall Long WALE REIT (ASX: CLW)

    This ASX REIT share will pay an unfranked dividend of 6.4 cents per share on 13 November.

    The ex-div date is 29 September.

    Charter Hall Retail REIT (ASX: CQR)

    This ASX REIT share will pay an unfranked dividend of 6.6 cents per share on 27 November.

    The ex-dividend date is 29 September.

    Arena REIT (ASX: ARF)

    This ASX REIT will pay an unfranked dividend of 4.5 cents per share on 12 November.

    The ex-div date is 29 September.

    Waypoint REIT (ASX: WPR)

    This ASX REIT will pay an unfranked dividend of 4.3 cents per share on 30 November.

    The ex-dividend date is 29 September.

    Nick Scali Ltd (ASX: NCK)

    This ASX consumer discretionary share will pay a 100% franked dividend of 39 cents per share on 22 October.

    The ex-div date is Wednesday, 30 September.

    Sims Ltd (ASX: SGM)

    This ASX materials share will pay a fully-franked dividend of 20 cents per share on 15 October.

    The ex-dividend date is 30 September.

    Cedar Woods Properties Ltd (ASX: CWP)

    This ASX property share will pay a 100% franked dividend of 25 cents per share on 30 October.

    The ex-div date is 30 September.

    Vulcan Steel Ltd (ASX: VUL)

    This ASX materials share will pay an 85% franked dividend of 3.8 cents per share on 15 October.

    The ex-dividend date is Thursday, 1 October.

    Imperial Pacific Ltd (ASX: IPC)

    This ASX financial share will pay a 100% franked dividend of 8 cents per share on 16 October.

    The ex-div date is 1 October.

    NRW Holdings Ltd (ASX: NWH)

    This ASX industrials share will pay a fully-franked dividend of 14.5 cents per share on 16 October.

    The ex-dividend date is 2 October.

    The post 15 ASX shares going ex-dividend next week appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Rural Funds Group right now?

    Before you buy Rural Funds Group shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Rural Funds Group wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

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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 no position in any of the stocks mentioned. The Motley Fool Australia has positions in and has recommended Charter Hall Retail REIT and Rural Funds Group. The Motley Fool Australia has recommended Cedar Woods Properties and Nick Scali. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • How to top up your superannuation if you’re 40 and falling behind

    Retirement plan written on a chalkboard with increasing bar graphs and dollar signs on top.

    While the amount of superannuation you need for retirement depends on a number of factors, it’s safe to assume most of us are aiming for a comfortable retirement.

    How much is needed?

    That might mean different things to each of us, but a good starting point is the Retirement Standard published by the Association of Superannuation Funds of Australia (ASFA).

    The Standard, which is updated each year, currently pegs the amount retirees need for a comfortable retirement at $56,166 for a single person and $78,998 for a couple.

    Their definition of a comfortable retirement includes being able to afford top-level health cover, own and maintain a reasonable car, afford regular leisure activities and occasional travel, and maintain their home.

    The Standard also assumes a retiree owns their own home and will draw a part pension from the age of 67.

    Those figures are useful for people on the cusp of retirement, but what about earlier? How can you tell whether your superannuation savings are on the right track?

    Well, ASFA also has a tool called the Super Detective, where you can input your age, and it will tell you what you should have in your super to be heading in the right direction.

    For someone earning $75,000 per year, their superannuation balance should be close to $146,000, ASFA says.

    For someone earning $100,000, it should be $103,000.

    How much do people actually have in their superannuation?

    Other figures published by ASFA show that men aged 40-44 had on average $140,680 in their superannuation, while women had $109,209.

    If you’re looking to top up your superannuation, a potentially tax effective way to do so is via salary sacrifice, or concessional contributions.

    Salary sacrifice contributions come out of your pre-tax earnings and are paid into your superannuation by your employer, where they are taxed at 15%.

    A concessional contribution is essentially the same, but paid as a lump sum.

    If a concessional contribution is made, a notice of intent to claim must be lodged with your superannuation fund, which will then take the 15% tax out.

    Contributions including employer contributions, salary sacrifice and concessional contributions up to a maximum of $32,500 can be made in each year.

    Added to this, and unused concessional contribution cap amounts for the past five years can also be used.

    Non-concessional contributions up to a cap of $130,000 per year can also be made, and under the “bring-forward” rule, this can be extended out to $390,000.

    The impact of extra contributions can be large. If a person contributes an extra $10,000 per year from the age of 40 to 60, the extra amount in superannuation at that time would be $230,089.

    The post How to top up your superannuation if you’re 40 and falling behind 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 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.