Author: openjargon

Yesterday, Supply Network Ltd (ASX: SNL) reported that, for the year ended 30 June 2026, revenue had increased 15.4% to $403.7 million, while net profit after tax was 19.0% higher at $47.6 million.

What did Supply Network report?

• Revenue rose 15.4% to $403.7 million.
• Net profit after tax up 19.0% to $47.6 million.
• Basic earnings per share of 109.0 cents, up from 92.9 cents last year.
• Final fully franked dividend of 44.0 cents per share, taking total FY26 dividends to 80.0 cents (up 10.0 cents).
• Net tangible asset backing per share increased to $3.67 (from $3.18).
• EBITDA was $81.1 million (up 17.9%).

What else do investors need to know?

Supply Network, trading under the Multispares brand, saw strong growth across both Australia and New Zealand. Sales revenue in Australia grew by 17.2%, while New Zealand operations recorded a 12.2% uplift in local currency terms. Growth was “broadly based across geographies, customer segments, vehicle models and product groups.”

The group completed major IT upgrades, including a new ERP system and sales interface, aiming for future productivity improvements. Investments were also made in New Zealand, with a new North Auckland branch and expanded Hamilton distribution centre, bringing the country’s network closer in line with Australia.

On the safety front, the company reported tangible progress in reducing workplace risks, especially around manual handling and traffic management, supported by new warehouse systems and training.

What did Supply Network management say?

Managing Director Geoffrey David Huston Stewart commented:

Where there is disruption there is also opportunity and we are pleased to report that Multispares has continued adding new customers and expanding business with established customers throughout the second half. Furthermore, revenue growth remained broadly based across geographies, customer segments, vehicle models and product group.

What’s next for Supply Network?

Looking ahead to FY2027, Supply Network is targeting another $50 million in revenue growth, supported by ongoing network expansion and system improvements. Major projects include footprint expansions in key Australian cities such as Eagle Farm, Canberra, Toowoomba, and Kwinana, as well as the development of a new branch in Sydney’s Penrith region.

The company is also deepening integration between its Australian and New Zealand teams. With significant branch network growth in the pipeline and modernised IT systems, the board remains confident in the group’s ability to tap new opportunities and deliver for shareholders.

Supply Network share price snapshot

Over the past 12 months, Supply Network shares have declined 16%, trailing the All Ordinaries Index (ASX: XAO), which has risen 1% over the same period.

View Original Announcement

The post Supply Network profit jumps 19% as dividend rises: FY26 results appeared first on The Motley Fool Australia.

More reading

• 2 unglamorous ASX shares that could rerate sharply

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 Supply Network Ltd. The Motley Fool Australia has recommended Supply Network Ltd. 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 Scentre Group (ASX: SCG) share price will be on watch on Tuesday after the company announced Australian Retirement Trust will become a joint venture partner at Westfield Mt Gravatt, selling a 50% interest for $882.5 million. The deal, at a premium to book value, strengthens Scentre Group’s capital position and strategic partnerships.

What did Scentre Group report?

• Sale of a 50% interest in Westfield Mt Gravatt, Brisbane, for $870.0 million at a 5.50% capitalisation rate
• Additional sale of a 50% stake in adjacent sundry land for $12.5 million
• Total gross proceeds of $882.5 million, representing a 3.5% premium to book values as at December 2025
• Scentre Group will retain 50% ownership and continue as property, leasing and development manager
• Over $3.1 billion of third party capital announced in the past 13 months via joint ventures

What else do investors need to know?

The transaction is subject to clearance by the Australian Competition & Consumer Commission, and will bring in new capital partners, furthering Scentre Group’s strategy of joint venturing assets. Westfield Mt Gravatt remains a significant asset, being one of the most-visited centres in southeast Queensland and generating over $1.0 billion in annual business partner sales.

Scentre Group has emphasised its ambition of creating long-term value for securityholders by introducing new capital and leveraging strategic partnerships. The Group continues to manage 42 Westfield destinations across Australia and New Zealand, positioning itself as a leader in retail property management and development.

What did Scentre Group management say?

Scentre Group CEO Elliott Rusanow said:

We are very pleased to extend our strategic partnership with Australian Retirement Trust. Westfield Mt Gravatt is one of the most popular centres in south-east Queensland, visited by more than 17 million customers last year and generating total business partner sales in excess of $1.0 billion. Introducing new capital, through joint venturing our assets, forms a key part of our long-term strategic plan.

In the last 13 months, we have announced approximately $3.1 billion of new third party capital coming into the Group through the joint venturing of our assets. Today’s announcement continues to demonstrate our ability to source capital to pursue the Group’s strategic objectives of creating long term value for securityholders.

What’s next for Scentre Group?

The joint venture with Australian Retirement Trust awaits ACCC approval, after which Scentre Group expects to utilise the capital inflow to further its strategic objectives. The Group plans to continue sourcing third-party capital and building partnerships, with a focus on maximising asset value and enhancing returns for securityholders.

Scentre Group will remain the property, leasing, and development manager at Westfield Mt Gravatt, emphasising its commitment to operational excellence and sustained growth across its network of Westfield centres.

Scentre Group share price snapshot

The Scentre Group share price has been out of form over the past 12 months, declining by around 8%.

View Original Announcement

The post Scentre Group sells 50% stake in Westfield Mt Gravatt to ART appeared first on The Motley Fool Australia.

More reading

• Here are the top 10 ASX 200 shares today
• These 2 ASX shares have given investors a 2026 dividend pay rise
• BHP shares just hit a record high. Can the run continue?
• Special dividend: Is now the time to buy NIB shares for income?
• Up 15% in 2026! Why Nvidia shares could be in for a huge week

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. 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.

It was a bouncy and optimistic start to the trading week for the S&P/ASX 200 Index (ASX: XJO) and many ASX shares this Monday.

After a sour trading week last week, investors seem to have come back from the weekend with a little extra pep in the proverbial step, with the ASX 200 opening higher and staying in positive territory all day today. By the time the markets closed, the index had gained 0.49% to 9,103.1 points.

This happy start to the week’s trading for the ASX followed a similarly buzzy end to the American trading week on Friday night (our time).

The Dow Jones Industrial Average Index (DJX: .DJI) was in very fine form indeed, rising 0.98%.

The tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) wasn’t quite as bubbly, but still gained 0.43%.

But let’s return to this week and our local markets now for a closer look at what was happening amongst the various ASX sectors this session.

Winners and losers

Despite the market’s rise this Monday, there were still a few sectors that missed out on a gain.

Leading those losers were consumer staples shares. The S&P/ASX 200 Consumer Staples Index (ASX: XSJ) was left out in the cold today, shrinking 0.95%.

Financial stocks also had a rough one, with the S&P/ASX 200 Financials Index (ASX: XFJ) sinking 0.72%.

Utilities shares were shunned too. The S&P/ASX 200 Utilities Index (ASX: XUJ) slid 0.48% lower this session.

Our last losers were communications stocks, as you can see from the S&P/ASX 200 Communication Services Index (ASX: XTJ)’s 0.44% slip.

Turning to the green sectors now, it was mining shares that fronted the winners. The S&P/ASX 200 Materials Index (ASX: XMJ) roared 2.43% higher this Monday.

Gold stocks ran hot as well, with the All Ordinaries Gold Index (ASX: XGD) soaring up 1.71%.

Tech shares also had a day to remember. The S&P/ASX 200 Information Technology Index (ASX: XIJ) enjoyed a 0.96% surge.

Healthcare stocks were in demand as well, evidenced by the S&P/ASX 200 Healthcare Index (ASX: XHJ)’s 0.62% lift.

Energy shares were next. The S&P/ASX 200 Energy Index (ASX: XEJ) jumped 0.47% today.

Then came real estate investment trusts (REITs), with the S&P/ASX 200 A-REIT Index (ASX: XPJ) adding 0.12% to its total.

Industrial stocks managed a win. The S&P/ASX 200 Industrials Index (ASX: XNJ) put on another 0.1% this session.

Finally, consumer discretionary shares got over the line, illustrated by the S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ)’s 0.09% bump.

Top 10 ASX 200 shares countdown

Beating out some stiff competition to take out top spot on the index this Monday was tech stock Data#3 Ltd (ASX: DTL). Data#3 shares rocketed 17.85% higher today to finish at $11.09 each.

This huge gain followed the company releasing its latest earnings, which clearly had a lot going for them.

Here’s the rest of today’s best:

ASX-listed company	Share price	Price change
Data#3 Ltd (ASX: DTL)	$11.09	17.85%
Deep Yellow Ltd (ASX: DYL)	$1.69	11.55%
Paladin Energy Ltd (ASX: PDN)	$11.70	10.59%
IperionX Ltd (ASX: IPX)	$3.18	10.03%
Ansell Ltd (ASX: ANN)	$38.24	9.57%
EVT Ltd (ASX: EVT)	$15.33	8.88%
PLS Group Ltd (ASX: PLS)	$5.47	7.89%
Silex Systems Ltd (ASX: SLX)	$5.50	7.63%
NexGen Energy (Canada) Ltd (ASX: NXG)	$15.36	6.15%
Nickel Industries Ltd (ASX: NIC)	$0.89	5.95%

Our top 10 shares countdown is a recurring end-of-day summary that shows which companies made big moves on the day. Check in at Fool.com.au after the weekday market closes to see which stocks make the countdown.

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

More reading

• Everything you need to know about the PLS Group dividend
• Why PLS, Bendigo Bank and Ampol shares are turning heads on Monday
• These are the 10 most shorted ASX shares
• EVT Ltd posts profit jump and pivots focus to hotel growth in FY26 results
• Data#3 posts double-digit profit growth in FY26 earnings

Motley Fool contributor Sebastian Bowen 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 Ansell and Data#3. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

For me, one of the most exciting aspects of the ASX’s earnings seasons, held twice a year, is the dividend season. Whenever an ASX dividend-paying share reports its latest numbers, it also tends to reveal what its next dividend (if there is one) will look like.

Given we are, right now, in the middle of 2026’s second ASX earnings season, it’s an exciting time to be watching the stock market. Today, let’s go through two ASX dividend shares that have just announced that their investors are set to enjoy a dividend pay rise in 2026.

2 ASX income shares that just hiked their dividends

Aussie Broadband Ltd (ASX: ABB)

First up, we have ASX telco Aussie Broadband. Telcos are well-known for their dividend potential, and Aussie Broadband seems to be trying to live up to that reputation.

Today, the company revealed a final dividend worth 3.6 cents per share. That’s a significant 50% increase over the final dividend of 2.4 cents per share that investors enjoyed last year. As well as an increase over 2026’s interim dividend, also worth 2.4 cents per share.

As with all of Aussie Broadband’s past payouts, this latest one will come with full franking credits attached.

Investors have not reacted well to this ASX share’s earnings today. At the time of writing, Aussie Broadband stock is down by 6.35% to $4.73. At this price, this S&P/ASX 200 Index (ASX: XJO) share is trading on a trailing dividend yield of 1.01%.

Argo Global Listed Infrastructure Ltd (ASX: ALI)

Next up, we have the listed investment company (LIC) Argo Global Listed Infrastructure. Argo Global Infrastructure is run by the same team behind Argo Investments Ltd (ASX: ARG), a veteran fund manager on the ASX.

It seems the infrastructure LIC shares its parents’ predilection for slow-but-steady dividend hikes. Its latest earnings were also released this morning. In these earnings, Argo Infrastructure announced that its final dividend for 2026 would be worth 5.5 cents per share. That’s fully franked. That matches 2025’s final dividend.

However, this ASX share’s interim dividend earlier this year was worth a fully franked 4.5 cents per share. This takes Argo’s full-year dividends to a record 10 cents per share. It also marks the fourth year in a row of annual dividend pay rises from the LIC.

Like Aussie Broadband, Argo Global Infrastructure shares have not reacted well to the latest earnings, and are currently down 1.5% at $2.61 each. At that price, this ASX share is trading on a trailing dividend yield of 3.83%.

The post These 2 ASX shares have given investors a 2026 dividend pay rise appeared first on The Motley Fool Australia.

More reading

• Aussie Broadband FY26 earnings: double-digit growth and new acquisitions
• Argo Infrastructure FY26 earnings: Record dividend
• Buy, hold, sell: Aussie Broadband, James Hardie, Macquarie shares

Motley Fool contributor Sebastian Bowen 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 Aussie Broadband. The Motley Fool Australia has recommended Aussie Broadband. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

BHP Group Ltd (ASX: BHP) shares are having another big day on Monday.

At the time of writing, the BHP share price is up 3.55% to $67.47 after reaching a new all-time high of $67.72 during midday trade.

The S&P/ASX 200 Resources Index (ASX: XJR) is also having a strong session, up more than 2.2%.

The mining giant has been on a strong run. BHP shares are up almost 10% over the past week, around 48% in 2026, and more than 60% over the past 12 months.

BHP has also comfortably outperformed the S&P/ASX 200 Index (ASX: XJO) over the past year.

So, after hitting another record today, can BHP shares keep climbing?

Copper is doing the heavy lifting

BHP’s FY26 result last week gave investors plenty to like.

Revenue rose 15% to US$58.8 billion, while underlying EBITDA increased 27% to US$32.9 billion. Underlying attributable profit was also up 30% to US$13.2 billion, with net operating cash flow climbing 17% to US$21.8 billion.

Copper was a big part of that result.

It accounted for 54% of BHP’s underlying EBITDA during the year, surpassing iron ore as the company’s largest earnings contributor. Record copper production and higher metal prices helped drive the increase.

BHP also cut unit costs by 6% across its major assets, while net debt ended the year at US$8.7 billion.

Dividend gives shareholders more to celebrate

Shareholders also received a much bigger final dividend.

BHP declared a fully-franked final dividend of US 99 cents per share, up 65% from FY25. That took the full-year dividend to US$1.72 per share, with US$8.7 billion in dividends determined during the year.

At current exchange rates, the final dividend is worth around $1.39 per share. BHP shares are due to trade ex-dividend on 3 September, with the payment following on 23 September.

Looking further ahead, management is targeting annual copper-equivalent production growth of 3% to 4% through FY35.

Can the BHP share price keep rising?

There’s a lot working in BHP’s favour right now, particularly if copper prices remain strong.

The miner is producing record volumes, generating plenty of cash, and building its exposure to copper. Demand for the metal is expected to grow over the coming years as more copper is needed for power grids, renewable energy, electrification, and data centres.

But after such a strong run, the share price is starting to look expensive to some brokers.

Morgans recently downgraded BHP shares to a trim rating with a $55.30 price target. That sits around 18% below where the shares are trading today.

Red Leaf Securities has also placed a hold rating on BHP shares, suggesting investors looking to buy may be better off waiting for a cheaper entry point.

BHP’s earnings are heading in the right direction; however, after rising more than 60% in a year, a lot of good news is already being priced in.

The post BHP shares just hit a record high. Can the run continue? appeared first on The Motley Fool Australia.

More reading

• Buy, hold, sell: CSL, BHP, Westpac shares
• How much must I invest in BHP shares to earn a $1,000 passive income in 2027?
• How much do you need invested in ASX dividend shares to replace a $90,000 salary?
• How much is needed in superannuation for $1500 in weekly passive income?
• 7 ASX 200 shares with reaffirmed buy ratings this week

Motley Fool contributor Aaron Teboneras has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended BHP Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

There are quite a few S&P/ASX 200 Index (ASX: XJO) shares that are reporting their latest earnings to investors this Monday. ASX health insurance stock NIB Holdings Ltd (ASX: NHF) is one of them. Unfortunately, investors did not like what they saw, with NIB shares currently down a nasty 10% to $6.66 each.

However, this represents a compelling buying opportunity for income investors.

Before we get into why, let’s go over what NIB had to say this morning.

As my Fool colleague covered earlier today, it was an interesting earnings report to go through. NIB reported group revenues of $3.8 billion for its 2026 financial year, up 6.2% on what the company brought in over FY 2025. Group underlying profits were up 9.1% to $260.9 million, but statutory net profits after tax fell 5.9% to $186.9 million.

It seems investors did not like what they saw, going off the steep drop in NIB shares that we are currently witnessing.

But let’s talk about income. NIB has always been a decent dividend stock. The company has substantially increased its income in recent years, going from paying out an annual 14 cents per share in fully franked dividends in 2020 to 29 cents per share in 2025.

2025’s payouts consisted of an April interim dividend of 13 cents per share and an October final dividend of 16 cents per share. Both payments came fully franked, as is NIB’s habit. The company’s first dividend of 2026 matched that of the 2025 interim dividend, with shareholders once again bagging 13 cents per share.

NIB shares drop despite new special dividend

Today, though, NIB threw some spice into the income soup. It declared a final dividend of 16 cents per share, once again matching 2025’s ordinary payout. But it also unveiled a special dividend alongside its ordinary payout. Yep, shareholders are set to enjoy a concurrent dividend worth another 5 cents per share. That will bring NIB’s dividend total for 2026 to 34 cents per share.

Right now, NIB shares are trading on a trailing dividend yield of 4.36% (boosted mightily by today’s steep share price sell-off). However, we can now assign the stock a forward yield of 5.12%.

So does that make NIB a buy for income? Well, investors shouldn’t take too much from this special dividend. It is entirely possible, even likely, that 2027’s total payouts don’t match what investors will receive in 2026. Special dividends by nature tend to be one-off events.

Saying that, this company occupies a defensive sector of the ASX and has a strong history of delivering dividend increases. As such, I would be happy to include it in a diversified income-focused portfolio.

The post Special dividend: Is now the time to buy NIB shares for income? appeared first on The Motley Fool Australia.

More reading

• nib reports FY26 profit growth
• 5 things to watch on the ASX 200 on Monday
• Here are the top 10 ASX 200 shares today
• How much do I need in my superannuation to earn $50,000 per year in passive income?

Motley Fool contributor Sebastian Bowen 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 NIB Holdings. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Nvidia Corp (NASDAQ: NVDA) shares are heading into one of their biggest weeks of 2026.

The Nvidia share price closed Friday at US$214.72, down 0.98% for the session. Despite the fall, the stock is still up around 15% since the beginning of the year and roughly 23% over the past 12 months.

It is also trading about 9% below its 52-week high of US$236.54.

Attention will now turn to the AI chip giant’s second-quarter results, due after the US market closes on Wednesday. This means Australian shareholders will get the numbers early Thursday morning.

So, what should investors be watching?

Wall Street is expecting another huge result

Let’s cut to the chase. Expectations are already extremely high.

According to Reuters, analysts are looking for quarterly revenue of around US$92 billion, nearly double what Nvidia reported a year earlier. Wall Street is also expecting adjusted earnings of around US$2.09 per share.

Nvidia itself guided to second-quarter revenue of around US$91 billion when it released its first-quarter numbers in May.

The company is coming off another huge quarter. Revenue jumped 85% year on year to a record US$81.6 billion, while Data Center revenue climbed 92% to US$75.2 billion.

Keep in mind, those numbers leave Nvidia with a very high bar to clear this week. A strong result may not be enough if management’s outlook even slightly disappoints the market.

AI server prices are heading higher

There’s also something else to watch before the result.

Reuters reported over the weekend that some of Nvidia’s largest customers have been told prices for servers containing its AI chips will rise by more than 15%.

The increases are expected to apply to systems shipped early next year, including those using Nvidia’s Vera Rubin and Grace Blackwell chips. More expensive memory is behind the move, as key components used in AI servers have become considerably more costly.

Passing some of that added expense on to customers could help Nvidia protect its margins. Thursday’s result should also give the market a better idea of whether buyers are starting to push back.

Another big AI bet

Furthermore, Nvidia has been busy away from its chip business.

The Wall Street Journal reported that the company plans to invest US$1 billion in AI startup, Poolside, and pay US$6 billion to license its technology. Nvidia is also expected to bring across most of Poolside’s engineers.

The deal would give Nvidia a bigger presence in open-weight AI models and put it more directly up against companies such as OpenAI and Anthropic.

What should investors watch on Thursday?

Revenue and earnings will attract plenty of attention, but the outlook is likely to have the biggest say in how Nvidia shares move.

The market will also be listening for any comments on Blackwell demand, the progress of Vera Rubin, and whether gross margins can remain around the mid-70% range.

With Nvidia already valued at US$5.2 trillion, there isn’t much room for disappointment.

The post Up 15% in 2026! Why Nvidia shares could be in for a huge week appeared first on The Motley Fool Australia.

More reading

• The best ASX ETFs to buy with $50,000
• Investing in AI stocks on the ASX? Here’s what you should buy
• VAS vs VGS: One Vanguard ETF has clearly pulled ahead
• Say hello to the ASX’s newest ETF

Motley Fool contributor Aaron Teboneras has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Nvidia. The Motley Fool Australia has recommended Nvidia. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Owners of Fortescue Ltd (ASX: FMG) shares recently learned what their next dividend payment will be.

It’s a sizeable one, though not as big as the payments earlier this decade.

Investors will receive a FY26 final dividend of 46 cents per share – that’s a reduction of 23% compared to the final dividend of FY25.

The full-year payout comes to $1.08 per share, which is 2% lower than the annual payment for FY25.

Both FY25 and FY26 had a dividend payout ratio of 65%, so the ASX mining share was consistent with how much cash it paid to investors.

Sadly for shareholders, it was partly a change in foreign exchange rates that led to the lower annual dividend. Underlying earnings per share (EPS) in Australian dollars declined 2%, but the underlying EPS grew 3% in American dollar terms. However, the dividend is based on and paid in Australian dollars.

Let’s look at what the potential payment for owners of Fortescue shares could be in FY27 and FY28.

FY27

We’re already more than a month and a half into the 2027 financial year and the iron ore price has declined by a few dollars per tonne, which is a headwind for Fortescue’s earnings if that decline sticks around.

During FY26, Fortescue saw the sold price of its iron ore increase by 7%, which was the biggest contributor to its underlying earnings increase in FY26 in American dollar terms.

The current forecast on Commsec suggests that the company’s FY27 annual dividend per Fortescue share could decline to 86.4 cents. At the time of writing, that translates into a dividend yield of 4.8% excluding franking credits and 6.9% including franking credits.

As you may have guessed, the dividend is projected to decline because the earnings are forecast to decrease. For now, that’s just a projection. The iron ore price could surprise the market positively, or it could decline towards US$90 per tonne as analysts have projected could happen amid rising iron ore shipments from Africa.

If supply rises without a lift in demand, it is likely to hurt the commodity price. But analysts have been wrong before about being overly negative about the iron ore price.

FY28

The current forecast on Commsec suggests that the dividend could become even smaller in the 2028 financial year. The pressure on the iron ore price could become stronger as the months go by because Simandou – a huge, new iron ore project in Africa – is expected to ramp-up in the next few years.

Interestingly, Fortescue is working on its own project in Africa (Gabon), though it’s not remotely the same scale.

I think the best move that Fortescue can do to grow earnings in the long-term is to continue efforts to grow earnings in areas other than iron ore, such as copper and energy.

The projection on Commsec suggests the company could pay an annual dividend per Fortescue share in FY28 of 59.8 cents. That suggests a dividend yield of 3.3% excluding franking credits and 4.75% including franking credits, at the time of writing.

At this stage, it doesn’t seem that Fortescue is the right pick for large or growing income in the medium-term, so I’d look at other ASX shares.

The post Here’s the dividend forecast out to 2028 for Fortescue shares appeared first on The Motley Fool Australia.

More reading

• Buy, hold, sell: Pro Medicus, Fortescue, CBA shares
• 2 ASX dividend gems I’d buy for a $20,000 superannuation income boost
• 8 ASX shares just upgraded by the experts
• Buy, hold, sell: Fortescue, Northern Star, and Megaport shares
• Are Fortescue shares in the buy zone after its results?

Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has 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.

Profit season gives analysts plenty to work with in terms of identifying companies they think might be undervalued.

I’ve had a look at the recent broker reports and come up with two under-the-radar companies that brokers like the look of.

Let’s have a look at what they’re saying.

LGI Ltd (ASX: LGI)

LGI is an innovator in the energy space and converts biogas from landfill into energy.

The company delivered a solid FY26 result last week, with revenue of $39.8 million, up 17% on the previous year, and underlying net profit of $8.8 million, up 35%.

Chief Executive Officer Jarryd Doran said regarding the result:

In FY26 we outperformed all our key operational drivers with year-on-year biogas recovery increasing by 33%, Australian Carbon Credit Units created increasing 18%, and a 29% increase in renewable energy from our fleet of power stations. In summary, the Company’s strong operational performance was reflected in our financial results whereby we increased Net Revenue by 17%, and our Underlying EBITDA increased approximately 26%, delivering against our previously stated guided range. Looking forward, our efforts during the year in registering and commencing carbon abatement across 8 new sites lays important foundations for continued growth. Together with our completed capital raising in October 2025, we look forward to continuing to deliver against our strategy of expanding our pipeline of generation capacity to beyond 80MW.

Broker Morgans said they believed LGI was one of the best ways to get exposure to the decarbonisation thematic on the ASX.

They said:

Despite more modest expectations for FY27, we remain positive over the medium term given the material development pipeline ahead and strong operating leverage across the portfolio as the group scales and executes its meaningful battery rollout across new and existing sites.

Morgans has a price target on LGI of $3.60 compared to $2.38 currently.

Hansen Technologies Ltd (ASX: HSN)

UBS said in its full-year report that Hansen delivered softer-than-expected revenue of 4%, but good margins meant it hit targets for cash EBITDA.

Underlying net profit was strong, coming in 22.5% higher than the previous corresponding period at $48.5 million.

Hansen Chief Executive Officer Andrew Hansen said regarding the result:

FY26 demonstrated the resilience of Hansen’s business model. In a more cautious environment, we have remained focused on disciplined execution, protecting earnings quality while continuing to invest for long-term growth. What we have seen during the year, with regards to revenue, is primarily caused by mix and foreign exchange. We continue to have a solid pipeline of demand for our products and services. Our recurring revenue base continues to improve, providing stability and visibility through the cycle. AI is increasingly driving productivity, operating leverage and long-term margin expansion.

The company said AI had been a large focus, and an AI enablement team had been set up to drive capability across the workforce.

UBS said they saw FY27 as a “transition year” for the company, but still have a bullish price target of $5.95 on the shares, compared to $3.31 currently.

The post 2 ASX shares tipped by brokers to return 48% to 82% appeared first on The Motley Fool Australia.

More reading

• LGI posts FY26 earnings growth and expands renewable energy portfolio
• Buy, hold, sell: Premier Investments, Hansen Technologies, Santos shares
• This ASX 300 technology stock is tipped to double in the next 12 months
• Hansen Technologies appoints new CEO as Andrew Hansen becomes Executive Chair
• ASX 200 utilities shares gained 7% while the broader market fell heavily last week

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 recommended LGI Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

There aren’t too many blue-chip ASX 200 shares that still offer dividend yields of 5% today, let alone 6%. But Bendigo and Adelaide Bank Ltd (ASX: BEN) is one of the rare few. Yes, Bendigo Bank shares are currently trading on a trailing dividend yield of 6.05%.

As such, we can probably conclude that there were more than a few income investors watching with interest this morning as Bendigo and Adelaide Bank revealed the next shareholder payment that investors can expect.

As we covered this morning, it was a solid, if uninspiring, report from Bendigo Bank. This ASX 200 bank stock told the market that its cash earnings for the 12 months ended 30 June were $30.2 million, up 3% over FY 2025. That helped the bank post statutory earnings after tax of $375.1 million, helped by a 1.5% growth in total lending and a 2.2% increase in customer deposits.

The second half of the financial year was particularly strong for Bendigo Bank. Cash earnings rose 6.8% compared to the same half in 2025 to $273.8 million, while expenses dropped 2.1%.

Is Bendigo Bank shares’ 6% yield holding firm?

But let’s get to Bendogo Bank’s latest dividend. In some decent news for income investors, this bank’s dividend will not be changing. Yes, Bendigo and Adelaide Bank today revealed that its final dividend for 2026 will come in at 33 cents per share. That’s unchanged and flat on 2025’s final dividend. As such, that 6% yield that we currently see on Bedigo Bank shares will be holding for the time being.

That 33-cent-per-share final dividend, coupled with March’s interim dividend of 30 cents per share, gives an annual total of 63 cents per share. That’s the same annual amount that Bendigo Bank has paid since 2024.

This latest final dividend will arrive in investors’ bank accounts on 30 September next month. Like almost every payout from this bank, this dividend will come with full franking credits attached.

For anyone who doesn’t yet own Bendigo Bank shares but wishes to receive this dividend, the shares are scheduled to trade ex-dividend on 1 September. Investors will need to own shares by the end of August to be eligible to receive this payout.

There is also the option to receive additional Benido Bank shares in lieu of a cash payment with this company’s dividend reinvestment plan (DRP). The cut-off date for DRP participation is 3 September.

The post 6%: Bendigo Bank just unveiled its latest dividend appeared first on The Motley Fool Australia.

More reading

• Why PLS, Bendigo Bank and Ampol shares are turning heads on Monday
• Bendigo and Adelaide Bank FY26 earnings: profit lifts to $375.1 million, dividend steady
• 5 things to watch on the ASX 200 on Monday
• 8 ASX shares just upgraded by the experts
• How much passive income could I earn from a $630,000 superannuation balance?

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