Author: openjargon

If you are an income investor on the lookout for new ASX dividend shares to buy, then read on.

That’s because the team at Bell Potter has just named one high-yield option with huge upside potential to buy now.

Which ASX dividend share?

The dividend share that Bell Potter is recommending to clients is Regal Partners Ltd (ASX: RPL).

It is a boutique asset manager responsible for a number of alternative investment strategies, investing across hedge funds, growth equity, credit & royalties, and real & natural assets. 

Bell Potter notes that Regal Partners has around $21 billion in funds under management that is invested on behalf of institutions, family offices, charitable groups and private investors. 

The company has also undertaken an aggressive acquisition strategy in recent years. This includes acquiring VGI Partners, PM Capital, Taurus, Merricks and Argyle.

Bell Potter was pleased with the company’s half-year results, noting that its profit was ahead of expectations. It said:

RPL delivered 1H26 Normalised NPAT of $93.3m, ahead of market expectations and above the $90m floor pre-reported ahead of the result. Guidance was predicated on management fees of $110m and performance fees of $115m. 

Operating results: RPL provided a more comprehensive presentation of its financial results, with performance fee contributions separated and waterfalled through to the pre-tax profit line. Both demonstrated an improvement. Fund management fees of $91.0m were up +23% YOY and loan management fees of $22.9m were down -12% YOY. Average take-rate was down -7bps to 1.08%, reflecting lower loan activity, with an improved pricing outcome on 2H25.Performance fees of $118.7m were up +180% YOY, driven by different contributions to the record result in 2H25. Normalised NPAT of $93.3m was up +108% YOY vs. headline NPAT of $94.1m.

Big potential returns

According to the note, in response to the results, Bell Potter has retained its buy rating and $4.80 price target on the ASX dividend share.

Based on its current share price of $2.82, this implies potential upside of 70% for investors over the next 12 months.

In addition, Bell Potter is forecasting fully franked dividends per share of 19 cents in FY 2026, 20 cents in FY 2027, and then 22 cents in FY 2028. This represents dividend yields of 6.7%, 7.1%, and 7.8%, respectively.

Commenting on its buy recommendation, the broker said:

Our Buy thesis is unchanged. RPL has already met our quarterly flow forecast and is seeing offshore credit demand while strengthening the balance sheet. Trading on 9x earnings, these aspects are underappreciated vs. 13x for global long only managers. EPS -3%/-3%/-2% factoring in visibility on non-performance employee cash expense.

The post One super ASX dividend share to buy with a 7% yield appeared first on The Motley Fool Australia.

More reading

• Regal Partners 1H26 earnings: Profit surges, FUM hits record high
• How much is needed in superannuation for $2,000 in weekly passive income?
• Rotating into dividend shares? 3 of your best options right now with yields as high as 9%
• How much is needed in superannuation to target a $6,000 monthly passive income?
• I’d generate $1000 in monthly passive income using these three high-yield stocks

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 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.

On Monday, the S&P/ASX 200 Index (ASX: XJO) started the week in a positive fashion. The benchmark index rose 0.5% to 9,103.1 points.

Will the market be able to build on this on Tuesday? Here are five things to watch:

ASX 200 to rise

The Australian share market looks set for a decent session on Tuesday despite a poor night on Wall Street. According to the latest SPI futures, the ASX 200 is expected to open the day 13 points or 0.15% higher. In the United States, the Dow Jones rose 0.25%, but the S&P 500 dropped 0.3% and the Nasdaq fell 0.75%.

ASX 200 results

A number of popular ASX 200 shares will be releasing their respective results. Among the big names releasing results are supermarket giant Coles Group Ltd (ASX: COL), engineering company Monadelphous Group Ltd (ASX: MND), and energy giant Woodside Energy Group Ltd (ASX: WDS). 

Oil prices decline

ASX 200 energy shares Beach Energy Ltd (ASX: BPT) and Santos Ltd (ASX: STO) could have a poor session on Tuesday after oil prices tumbled overnight. According to Bloomberg, the WTI crude oil price is down 2.4% to US$84.95 a barrel and the Brent crude oil price is down 2.55% to US$91.98 a barrel. Oil prices declined even after the U.S. rolled out its toughest-ever sanctions campaign against Iran.

Gold price rises

ASX 200 gold shares including Genesis Minerals Ltd (ASX: GMD) and Capricorn Metals Ltd (ASX: CMM) could have a good session after the gold price rose overnight. According to CNBC, the gold futures price is up 0.6% to US$4,709.2 an ounce. The precious metal’s rally continues ahead of the release of US inflation data.

Hold PLS shares

PLS Group Ltd (ASX: PLS) shares jumped on Monday following the release of the lithium miner’s FY 2026 results. The team at Bell Potter thinks that its shares may have now peaked. This morning, the broker has retained its hold rating with an improved price target of $5.20 (from $4.70). It said: “We maintain our Hold recommendation. At current lithium market prices, PLS will generate substantial earnings and cash flow with the restart of the 200ktpa Ngungaju processing plant. P2000 and Colina development studies are being progressed, providing substantial organic growth optionality in markets with strong underlying EV and BESS-led long term demand fundamentals.”

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

More reading

• 2 ASX shares that could rise up to 45% following earnings results 
• The average superannuation balance for 50-year-olds in Australia in FY27. How does yours compare?
• Here are the top 10 ASX 200 shares today
• Everything you need to know about the PLS Group dividend
• Why PLS, Bendigo Bank and Ampol shares are turning heads on Monday

Motley Fool contributor James Mickleboro has positions in Woodside Energy Group Ltd. 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.

As earnings season rolls on, brokers are adjusting their outlooks on numerous ASX shares. 

Two that have just received renewed buy ratings are Genesis Minerals Ltd (ASX: GMD) and DigiCo Infrastructure REIT (ASX: DGT). 

Genesis Minerals is an Australian gold mining, project development, and exploration company.

Meanwhile, DigiCo is a data center REIT and developer operating across Australia and North America.

These ASX shares have performed very differently over the past 12 months. Genesis has risen over 100%, while DigiCo has fallen by 21% over the same span. 

Despite this varying performance, brokers see upside for both ASX shares. 

DigiCo a bounceback candidate

The team at Morgans provided updated guidance on this REIT following the release of its full-year results late last week. 

The company reported FY26 underlying EBITDA of $127 million, surpassing its $125 million guidance, and declared a 12.0 cent per security distribution, in line with its forecast.

The broker said the reported signed Letters of Intent (LOIs) would take the Australian portfolio to full capacity – a strong demand signal that de-risks management’s pathway to $250m of EBITDA. 

However the ramp-up in earnings is back-ended, hence FY27 guidance was ~8% below MorgansF and ~13% below Consensus. Liquidity of ~$1.2bn funds the ~$1.2bn capex bill, with management calling out no need for additional equity. We still see clear value, but the cashflows are pushed out – this is now an FY28-into-FY29 story. Target price unchanged at A$3.60; reaffirm BUY.

From yesterday’s closing price of $2.48, this price target indicates more than 45% upside. 

Genesis Minerals had a “transformative” year

Following the release of FY26 results last week, the team at Bell Potter retained its buy recommendation on these ASX shares. 

Genesis doubled EBITDA and paid its maiden dividend in FY26, as profit and cash soared on the back of stronger gold production.

According to Bell Potter, the company delivered FY26 revenue of A$1.74bn and NPAT of A$602m, broadly ahead of expectations, although EBITDA of A$803m was 20% below estimates due to higher costs and lower realised gold prices. 

Production was solid, while the company maintained a strong net cash position of A$217m and declared its maiden fully franked dividend of 5.0cps. 

FY26 was a transformative year for GMD, acquiring Magnetic and Vault (pending) that will transition GMD to a top 3 gold producer capable of producing 600-700kozpa. We view FY27 as the build year with standalone guidance as a placeholder for the Strategic Plan in 1H2027, where the long-term production and costs figures will be released.

Bell Potter has an updated price target of $9.00 on these ASX shares, which is 5% higher than current levels. 

The post 2 ASX shares that could rise up to 45% following earnings results  appeared first on The Motley Fool Australia.

More reading

• 5 things to watch on the ASX 200 on Tuesday
• The fantastic dividend stock with upside investors should be targeting this week
• Why Bell Potter rates these ASX dividend shares with 5% to 8% yields as buys
• Top brokers name 3 ASX shares to buy next week
• 3 ASX 200 gold stocks jumping higher on big news today

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 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.

Shares in ASX financial stock Moneyme Ltd (ASX: MME) are down more than 40% over a 12-month period, but after solid growth in lending numbers, Morgans is predicting some serious upside.

Company closing in on profitability

Last week, Moneyme released its full-year financial results, which showed that the company’s loan book increased by 34% to $2.08 billion, with record originations during the year, up 34% to $1.23 billion.

The company’s normalised net loss narrowed to $4.1 million from $15.5 million the previous year. Pleasingly, the company actually made money in the second half, booking a $500,000 profit.

Moneyme said its proprietary AI product was now delivering benefits across credit decision-making, customer service, finance, marketing and creative production.

Moneyme Managing Director Clayton Howes said of the result:

FY26 marked an important inflection point for Moneyme. We demonstrated that our strategy is delivering, growing the loan book to more than $2bn while improving credit quality, strengthening margins and returning to positive Normalised NPAT in the second half. These results show the operating leverage in our business is beginning to emerge. The investments we’ve made over recent years in technology, AI, funding, and risk management are now translating into stronger earnings quality and improved returns as the business continues to scale.

Mr Howes said the company entered FY27 with multiple growth levers and a larger, higher quality loan book.

The company said on the outlook:

We provide guidance for FY27 on an average loan portfolio of ~$2.2bn, our Normalised NPAT is expected to result in a positive range between breakeven and $7m. The Group will continue to invest in AI, brand and marketing, product expansion and direct channel growth to increase scale and operating leverage. Credit cards and white-label partnerships are expected to contribute to the returns profile of the business when these portfolios scale.

Moneyme shares looking cheap broker says

In a note to clients, Morgans suggested Moneyme was well-positioned.

The broker said:

MME has delivered consistent book growth over the medium term and we believe its innovative product suite, targeting niche under-serviced markets, has the potential to further drive topline growth. Whilst now cash profitable, given the pivot of the business to a more normalised book growth rate, we note some near-term risks. We also note that the stock trades at a discount versus our valuation of $0.21 and hence we retain a SPECULATIVE BUY recommendation but flag some continued risks such as: 1) ongoing macro uncertainty/volatility; and 2) softening consumer demand and interest rate pressures more generally. As such, we note this is an investment for the more risk tolerant investor.

Moneyme shares are currently changing hands for 7.2 cents. The company is valued at $57.7 million.

The post This ASX financial stock could more than double: Morgans appeared first on The Motley Fool Australia.

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• 15% for 10 years: Is this ASX ETF a no-brainer buy?
• 3 great dividend stocks with 6% yields to boost passive income in FY27
• Acrow: Record revenue drives upgraded outlook
• How many CBA shares do I need to buy for $8,000 of passive income?
• One super ASX dividend share to buy with a 7% yield

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.

If you’re ready to tap into your superannuation, and aiming to maintain your super balance by living off the passive income it can provide, then you’ve come to the right place.

Below we’ll look at three quality S&P/ASX 200 Index (ASX: XJO) dividend stocks I’d buy today to form the bedrock of a $4,000 monthly passive income portfolio.

And we’ll see how much superannuation you’d need to invest in these ASX shares to earn that income without drawing down your super balance over time.

Do be aware that a properly diversified passive income portfolio will hold more than just three ASX dividend stocks. There’s no magic number. But somewhere in the range of 10 to 15 is a decent ballpark figure.

Ideally these companies will operate across a range of sectors and locations. This will reduce the risk of your passive income stream taking a big hit if a single sector or company runs into a rough patch.

With that said…

Three ASX 200 income shares to buy

The first stock I’d buy with my superannuation for $4,000 a month in retirement income is Ampol Ltd (ASX: ALD).

Ampol just reported its half-year (H1 2026) results on Monday. The Aussie fuel supplier swung from a $25 million loss in H1 2025 to a statutory net profit after tax (NPAT) of $1.36 billion this year.

With profits surging, Ampol declared a fully franked interim dividend of $1.85 per share. If you want to bank that payout, you’ll need to own shares at market close on 3 September.

Now, if we add in the 60 cents per share final dividend, Ampol has paid, or shortly will, pay $2.45 a share in dividends over 12 months. At the recent Ampol share price of $41.46, this ASX 200 stock trades on a fully franked 5.9% dividend yield.

The second ASX 200 stock I’d target for passive income in retirement is Bendigo and Adelaide Bank Ltd (ASX: BEN).

Bendigo Bank paid a fully franked interim dividend of 30 cents per share and on Monday declared a final dividend of 30 cents per share. To bank that passive income, you’ll need to own Bendigo Bank shares at market close on 31 August.

At the recent share price of $10.58, Bendigo Bank shares trade on a 5.7% dividend yield.

And the third ASX dividend share I’d buy with my superannuation for reliable passive income is Telstra Group Ltd (ASX: TLS).

Telstra paid an interim dividend of 10.5 cents per share and will shortly pay a final dividend of 10.5 cents per share, both franked at 90%. If you want to grab the final dividend, you’ll need to own shares at market close today.

At the recent Telstra share price of $4.70, the ASX 200 telco trades on a dividend yield of 4.5%.

Which brings us back to our headline question.

How much superannuation do I need for a $4,000 monthly passive income?

Based on the recent yields, and assuming you invest the same amount in each stock, you could expect to earn an average yield of 5.4%.

So, for $4,000 a month – or $48,000 a year – in passive income, you’d need $888,889 in superannuation today in order not to draw down that super balance over time.

The post How much superannuation do I need to earn $4,000 a month in passive income? appeared first on The Motley Fool Australia.

More reading

• 6%: Bendigo Bank just unveiled its latest dividend
• By August 2027, $5,000 invested in Ampol shares could turn into…
• Everything you need to know about the monster Ampol dividend
• Why PLS, Bendigo Bank and Ampol shares are turning heads on Monday
• Looking to bank the boosted Telstra dividend? You better hurry!

Motley Fool contributor Bernd Struben 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 Bendigo And Adelaide Bank and Telstra Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Passive income investors have plenty of Australian shares to choose from outside the major banks.

I like companies that can generate enough cash to reward shareholders while still investing in their businesses.

Here are three I think are worth considering.

Aurizon Holdings Ltd (ASX: AZJ)

Aurizon plays an important role in moving Australia’s commodities from where they are produced to where they need to go.

It is Australia’s largest rail-based transport business, carrying more than 250 million tonnes of commodities each year for miners, primary producers, and industrial customers.

I think that infrastructure makes Aurizon an attractive passive income candidate.

Rail networks are expensive and difficult to replicate, while customers need reliable transport to move enormous volumes of products such as coal, iron ore, and agricultural commodities. Aurizon also owns and operates regulated rail infrastructure in Queensland alongside its freight operations.

The company has made returning capital to shareholders an important part of its approach.

Aurizon paid an interim dividend of 12.5 cents per share for FY26 and has declared a final dividend of 10.5 cents. Both are 90% franked, taking the full-year payment to 23 cents per share.

Based on its recent share price, those payouts equate to a dividend yield of roughly 6.3%.

Commodity volumes and regulatory decisions can affect the business, so I would not assume that dividend remains unchanged every year. Still, I think Aurizon’s infrastructure and focus on shareholder returns make it worth considering for income.

Universal Store Holdings Ltd (ASX: UNI)

Universal Store could be another top passive income pick.

The retailer sells youth fashion through its Universal Store, Perfect Stranger, and THRILLS businesses, and it has been gradually expanding its physical store network.

What catches my eye from an income perspective is the cash the business has been able to return while still funding that expansion.

In FY26, Universal Store paid a fully franked interim dividend of 26 cents per share before declaring a fully franked final dividend of 17 cents. That takes FY26 dividends to 43 cents per share.

With Universal Store shares recently trading around $8.45, that represents a dividend yield of approximately 5.1%.

I would expect more variation from the dividend of a fashion retailer than from some traditional income businesses. Consumer spending and fashion trends can change quickly.

But I like that Universal Store can continue expanding while also sending a meaningful amount of cash back to shareholders.

Sonic Healthcare Ltd (ASX: SHL)

Sonic Healthcare provides pathology and medical diagnostic services across major healthcare markets around the world.

These are services that doctors and patients need regardless of what is happening in financial markets, giving Sonic exposure to healthcare demand rather than discretionary spending.

Its scale also stands out to me. Sonic operates across nine countries and 11 markets and provides medical services to more than 140 million patients each year.

I think that makes it an interesting share for investors seeking both income and long-term exposure to healthcare.

Sonic has also built an impressive record of gradually increasing its dividend. Its total dividends rose to $1.08 per share for FY26, comprising a 45 cent interim dividend and 63 cent final dividend. Those FY26 dividends are 60% franked.

At a share price of around $21.41, that works out to a yield of roughly 5%.

I like the possibility of receiving income while Sonic continues building its diagnostics operations around the world.

Foolish takeaway

A high dividend yield alone would never be enough to convince me that a share is a good income investment.

I would also want a business capable of generating the cash needed to support those payments over time.

I think Aurizon, Universal Store, and Sonic Healthcare each give passive income investors a credible reason to look beyond the usual dividend names.

The post 3 top Australian shares to buy for passive income appeared first on The Motley Fool Australia.

More reading

• Buy, hold, sell: Super Retail, APA, Sonic Healthcare shares
• This retailer’s dividend yield could top 8% in coming years: Broker
• Why this ASX consumer discretionary stock could be the pick of the sector 
• Sonic Healthcare share price in focus on FY26 profit jump and digital push
• Universal Store FY26 results: Sales, profit up as store rollout continues

Motley Fool contributor Grace Alvino 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 Sonic Healthcare and Universal Store. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Yesterday, Forrestania Resources Ltd (ASX: FRS) announced a fifth extension to its takeover offer for Zenith Minerals Ltd (ASX: ZNC) The offer period has now been pushed out until 5:00pm (AWST) on 7 September 2026, allowing shareholders more time to consider their options.

What did Forrestania Resources report?

• Offer to acquire all ordinary shares in Zenith Minerals remains open until 7 September 2026.
• This is the fifth extension of the bid period since the original offer was made in June 2026.
• Zenith shareholders who accepted previously now have new withdrawal rights if they wish to reconsider.
• The offer remains subject to certain defeating conditions, as detailed in Forrestania’s latest notice.

What else do investors need to know?

Forrestania’s bid for Zenith Minerals has experienced several extensions, reflecting an ongoing process subject to regulatory orders and unresolved conditions. ASIC has granted Forrestania relief under two ASIC Instruments specific to this bid, and the Takeovers Panel has issued interim orders currently restricting Forrestania from declaring the offers unconditional.

Shareholders who have already accepted the offer can withdraw their acceptance within a one-month window, following the announcement of the extended bid period. Withdrawal is available by written notice and further details are provided by Forrestania for shareholders seeking guidance.

What’s next for Forrestania Resources?

Forrestania Resources intends to keep the offer for Zenith Minerals open until 7 September 2026, unless it is withdrawn or extended further. The company continues to encourage Zenith shareholders to review the latest terms and, if needed, seek professional advice before acting.

With the status of certain bid conditions still pending, Forrestania’s approach remains cautious as it awaits developments from ASIC and the Takeovers Panel. Investors should watch for any further updates on both the offer itself and regulatory responses.

Forrestania Resources share price snapshot

Over the past 12 months, Forrestania Resources shares have risen 136%, significantly outperforming the All Ordinaries Index (ASX: XAO).

View Original Announcement

The post Forrestania Resources extends Zenith Minerals takeover offer again appeared first on The Motley Fool Australia.

More reading

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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.

For dividend focussed investors, earnings season provides an important snapshot of how dividend stocks are performing. 

According to a new report from Bell Potter, there is one dividend stock in particular that investors should be aware of. 

Why earnings season matters for income investors

Earnings season is an especially important time for dividend investors because a company’s results can reveal far more than just whether it beat or missed analysts’ expectations. 

For income-focused investors, earnings reports provide a fresh look at the strength of the business, the sustainability of its cash flow, and, ultimately, its ability to keep paying and growing its dividend.

While dividend announcements often get the most attention, the numbers behind them matter just as much. 

Revenue and profit trends, free cash flow, debt levels, and management’s outlook can all provide clues about whether a company has the financial capacity to maintain its payout through different economic conditions. 

Why this dividend stock stands out

For investors looking to add a dividend stock to their portfolio, Regis Resources Ltd (ASX: RRL) is worth considering. 

Regis Resources is an established multi-mine gold producer and one of the largest ASX-listed gold producers with an all-Australian asset base. 

It released full-year results last Friday, which included a record net profit after tax of $715 million. 

This ASX gold stock has now risen more than 100% over the last year. 

Even more importantly for dividend investors, it declared fully franked final dividends of 20 cents per share, including a 5 cent special dividend.

According to Bell Potter, the record distributions reflect the implementation of Regis’ new dividend policy. 

The policy targets a payout between 25% and 50% of the “Group Cash Increase” over the preceding half-year (cash and bullion increase net of dividends and tax). For FY26, this ratio was 39%, equating to a fully franked 4.3% yield. 

Capital growth also a factor

While strong yields are great news for dividend stocks, some can provide the exciting combination of passive income and capital growth. 

That appears to be the case for Regis Resources. 

Bell Potter has upgraded its price target on this dividend stock to $9.35 (previously $8.45). 

The broker also has a buy recommendation. 

From yesterday’s closing price, this indicates an upside potential of 10% to go alongside the yield fetching over 4%. 

While this lifts operating costs it also increases gold price leverage and Resource value extraction. Free cash flows continue to support dividends and the capacity to pursue both organic and inorganic growth options. 

Overall, we remain positive towards RRL’s all-Australian, multi-mine asset portfolio, its leverage to the gold price and its fully unhedged, debt free balance sheet. Our NPV-based valuation lifts 11%, to $9.35/sh. We retain our Buy recommendation.

The post The fantastic dividend stock with upside investors should be targeting this week appeared first on The Motley Fool Australia.

More reading

• 3 ASX 200 stocks, including CSL, leaping 15% to 23% in this week’s sliding market
• 3 ASX 200 gold stocks jumping higher on big news today
• Regis Resources delivers record FY26 profit and dividends
• Buy, hold, sell: Bega Cheese, Temple & Webster and Whitehaven Coal shares after results
• Why this ASX consumer discretionary stock could be the pick of the sector 

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 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.

Yesterday, WAM Income Maximiser Ltd (ASX: WMX) announced it raised $172.4 million via its Entitlement Offer, Top-Up Facility, Shortfall Offer and placement, growing assets to about $500 million – a 50% increase in less than 18 months since listing.

What did WAM Income Maximiser report?

• $172.4 million total raised through Entitlement Offer, Top-Up Facility, Shortfall Offer, and placement
• $78.5 million raised from Entitlement Offer and Top-Up Facility
• Approximate assets now at $500 million, up more than 50% since April 2025 listing
• 62% of capital raised taken up by existing shareholders
• Monthly fully franked dividends declared for September–December 2026, yielding 7.1% on average NTA

What else do investors need to know?

The bulk of the capital raising was strongly supported by existing WAM Income Maximiser shareholders, who took up more than half of the available offer. The remaining shares, including those from the Shortfall Offer, were placed primarily with investors participating in the bookbuild process, on the same terms as the Entitlement Offer.

The new shares issued under the various offers are expected to commence trading on the ASX from 31 August 2026. According to management, the increased scale should boost market relevance, improve liquidity, lower the company’s fixed expense ratio, and potentially lead to more broker and research coverage.

What did WAM Income Maximiser management say?

Chairman Geoff Wilson AO said:

The Board and I thank shareholders for their strong support of the Entitlement Offer with demand significantly exceeding capacity. Following completion of the Offer, WAM Income Maximiser’s assets will increase by more than 50% to approximately $500 million less than 18 months after listing. I am pleased to have taken up my full entitlement.

What’s next for WAM Income Maximiser?

WAM Income Maximiser plans to put the new funds to work by investing in high-quality Australian companies and corporate debt, aiming to deliver reliable monthly franked dividends with capital growth. Management believes the enlarged portfolio will help meet its ongoing goal of better income returns, with declared monthly dividends for the four months to December 2026.

The company’s increased size may also mean greater interest from brokers, research houses, and financial advisers, helping to further enhance market relevance.

WAM Income Maximiser share price snapshot

Over the past 12 months, WAM Income Maximiser shares have risen 4%, outperforming the All Ordinaries Index (ASX: XAO), which is flat over the same period.

View Original Announcement

The post WAM Income Maximiser grows assets 50% after $172m raise, declares dividends appeared first on The Motley Fool Australia.

More reading

• WAM Income Maximiser launches $125m entitlement offer and outlines dividend yield
• These ASX dividend funds have been quietly increasing their payouts
• How much do I need in superannuation to receive $10,000 per month in passive income?
• WAM Income Maximiser enters trading halt pending fundraising move

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.

The age of 50 is a great time to check in on your superannuation balance, see if you’re on track for a comfortable retirement, and implement strategies to catch up if needed.

Unfortunately, the figures show that the average person has less superannuation at age 50 than they need to achieve a comfortable retirement by age 67.

The way this is calculated is by using figures supplied by the Association of Superannuation Funds of Australia (ASFA), which has calculated estimates of how much superannuation people have, and comparing them against the amounts which ASFA says is needed to be on track.

So how much superannuation do people generally have at age 50?

The ASFA figures indicate that men aged 50-54 have on average $254,071 in their superannuation, while women of the same age have $190,175.

So how much should people who are 50 have in their superannuation to be on track for a comfortable retirement?

ASFA also has a Super Detective calculator, where you can input your age and discover what your superannuation balance should ideally be.

For people aged 50 it comes out as $313,500, well above the average figures.

Keep in mind this is targeting a comfortable retirement as defined by ASFA, which involves retiring at 67, owning your own home and drawing a part pension.

It assumes singles will have $630,000 in their superannuation, which in combination with the part pension will deliver an income stream of $55,923 per year.

A comfortable retirement by ASFA’s definition includes the ability to afford top level private health cover, to own and maintain a reasonable car and to enjoy regular leisure activities and occasional travel.

What if your balance is coming up short?

Extra contributions can be made to superannuation in the form of concessional and non-concessional contributions.

Concessional contributions are taxed at just 15% and include money contributed by your employer, salary sacrifice contributions, and extra contributions you make up to a cap of $32,500.

If funds permit and your superannuation balance is less than $500,000 in the last financial year, you can also carry forward any unused concessional contribution cap amounts from the previous five financial years.

The amount you are able to contribute in this way can be found in your myGov account.

A notice of intent to claim must be lodged with your super fund for concessional contributions so they know to deduct the 15% tax from the amount.

It is also possible to make non-concessional contributions up to $130,000 and to contribute more than this amount using the bring-forward rule.  

The post The average superannuation balance for 50-year-olds in Australia in FY27. How does yours compare? 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.