Investing some of your superannuation savings into ASX dividend shares is a popular and proven way to earn lifestyle-boosting passive income during your retirement years.

But if your aim is to invest $400,000 of your superannuation into ASX shares, then how much passive income might you reasonably expect to earn from that super investment each year?

We’ll have a look at three quality S&P/ASX 200 Index (ASX: XJO) dividend stocks below to get a handle on that answer.

But first, some important reminders.

Dividend traps, diversity and trailing yields

How much passive income you can earn from your $400,000 superannuation investment will depend on the yield you receive, with the idea being you don’t draw down your initial capital investment.

Now, it’s tempting to chase the top yielding stocks. But beware you don’t fall into the dividend trap. A lot of the top yielding ASX stocks you’ll see listed have also suffered large share price falls. This could signal further troubles ahead as well as lower future dividend payouts.

Also, bear in mind that while we’ll look at three ASX dividend shares below, a properly diversified passive income portfolio will contain a lot more than just three ASX stocks. There’s no magic number, but 15 is a decent target. Ideally, these companies will operate in various sectors and locations. This will reduce the risk of a material decline in your passive income if any single company or sector takes a hit.

And finally, remember that the yields you generally see quoted are trailing yields. Future yields may be higher or lower depending on a range of company specific and macroeconomic factors.

With that said…

Investing $400,000 of superannuation in ASX passive income shares

The first ASX 200 dividend stock I’d consider investing some of my $400,000 of superannuation savings into is Aussie fuel supplier Ampol Ltd (ASX: ALD).

Recently trading for $42.04 each, Ampol shares have gained 40.3% in 12 months. So, no dividend trap here.

As for that passive income, Ampol paid (or will shortly pay) two fully franked dividends over the last year, totalling $2.45 a share. That sees Ampol shares trading on a fully franked trailing dividend yield of 5.8%.

Next, I’d invest some of my super into Australian fitout and construction services specialist Shape Australia Corporation Ltd (ASX: SHA).

Recently trading for $6.99 a share, Shape stock has gained 43.7% in 12 months.

Shape also paid (or shortly will pay) two fully franked dividends over the year, totalling 32 cents a share. This sees Shape trading on a fully franked dividend yield of 4.8%.

And the third ASX dividend share I’d target is big four Aussie bank stock ANZ Group Holdings Ltd (ASX: ANZ).

Recently trading for $37.47, the ANZ share price is up 13.6% in 12 months.

Over this time, ANZ paid two partly franked dividends totalling $1.66 per share. ANZ trades on a partly franked trailing dividend yield of 4.4%.

To the maths!

If you were to invest an equal amount of your $400,000 superannuation allotment to each of the above ASX 200 dividend stocks, you could expect to earn a yield of 5.0%.

Atop potential future share price gains, you could then expect to earn an extra $20,000 a year in passive income from that super investment.

The post How much passive income can I earn investing $400,000 of my superannuation buying ASX shares? appeared first on The Motley Fool Australia.

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

ASX blue-chip shares could be a strong choice in the current economic climate. Market leaders can be attractive because they can deliver resilient earnings in uncertain times.

I think the right sort of investment could be one that gives both pleasing passive income and the potential for long-term capital gains.

The two ASX shares I’m going to highlight both have pleasing track records of payouts and underlying earnings growth.  Let’s dive in.

Centuria Industrial REIT (ASX: CIP)

This first business is a real estate investment trust (REIT) which is Australia’s leading pure play industrial REIT.

Industrial properties in well-located areas are in high demand these days, driven by e-commerce adoption, data centres, increased demand for refrigerated space (for medicine and food), the onshoring of supply chains, and more.

The rising rental potential of the properties is boosting the reported rental income. FY26 saw strong like-for-like net operating income growth of 5.2%, The business also reported a 4% increase of the funds from operations (FFO) – the net rental income – to $114.1 million.

Impressively, the ASX blue-chip share experienced 30% positive re-leasing spreads during FY26. That means its newly signed rental leases are generating 30% more rent than the old lease, so it’s seeing significant rental growth.

Considering the business has a weighted average lease expiry (WALE) of around seven years and the portfolio is on average 17% under-rented, I think there could be a solid level of rental growth in the next few years as other leases come up for renewal.

It expects to grow its FFO by up to 5.5% in FY27, and the distribution could grow by another 3% to 17.3 cents per unit. That would translate into a forward dividend yield of 6.1% at the time of writing.

JB Hi-Fi Ltd (ASX: JBH)

In my view, JB Hi-Fi is one of the leading ASX retail shares. The company sells a wide range of electronics, including phones, tablets, computers, wearables, and more.

The JB Hi-Fi share price has fallen by more than 40% in the past year, which has significantly boosted the dividend for prospective investors. It’s true that economic conditions are weaker than they were a year ago, but I don’t think that justifies such a sharp decline in the valuation.

ASX blue-chip share valuations are meant to take into account the long-term potential, not just shorter-term challenges.

In my view, this decline is an opportunistic time to buy into a business with a strong market position. It has the attributes to excel in all economic conditions – it has a very productive sales floor, low costs, very competitive product prices and so on.

In terms of the potential payout, the projection on Commsec suggests the business could pay an annual dividend of $3.35 in FY27. That translates into a grossed-up dividend yield of 7.4%, including franking credits. The forecasts currently suggest the payout could grow in FY28 and again in FY29, so this could be a great time to buy.

Overall, both ASX blue-chip shares offer compelling dividend yields.

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

More reading

• How much is needed in superannuation to target a $6,500 monthly passive income?
• 2 ASX dividend shares offering 6% to 7% yields buy-rated by Morgans
• Top 3 ASX 200 shares now below their 200-day moving average
• JB Hi-Fi, GPT Group, Charter Hall shares hit 52-week low: Is there any chance of a rebound?
• How much is needed in superannuation to target a $70,000 annual passive income?

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.

Boss Energy Ltd (ASX: BOE) and Fortescue Ltd (ASX: FMG) shares have both taken a big step backwards over the past year.

On Monday afternoon, Boss Energy shares were trading for $1.47 apiece, putting the ASX uranium stock down 20.7% in 12 months.

Fortescue shares have fared a bit better. But at Monday’s $16.63 a share, the S&P/ASX 200 Index (ASX: XJO) mining giant is down 12.1% in a year.

Now, while down from FY 2025, Fortescue did make two fully franked dividend payments over the last year, totalling $1.08 per share. At the recent share price, the stock trades on a 6.5% fully franked trailing dividend yield

But that passive income isn’t enough to draw in RaaS Group’s Joshua Baker, who issued a sell recommendation on both ASX shares this week (courtesy of The Bull).

Here’s why.

Time to exit Fortescue shares?

Commenting on Fortescue’s FY 2026 results, reported on 20 August, Baker said, “The iron ore producer generated revenue of $US16.966 billion in full year 2026, up 9 per cent on the prior corresponding period.”

He added:

Statutory net profit after tax of $US2.860 billion was down 15 per cent, which included a $US525 million non-cash impairment charge relating to the Iron Bridge project and a $US73 million compensation claim expense.

Summarising his sell recommendation on Fortescue shares, Baker concluded:

The final, fully franked dividend of 46 cents a share was down from 60 cents a year ago. Capital expenditure and investment guidance in full year 2027 is forecast to increase on full year 2026.

The outlook for the iron ore price isn’t as appealing as other commodities. The share price has fallen from $22.99 on May 14 to trade at $17.22 on September 10.

Which brings us to…

Should I sell Boss Energy shares?

Along with his bearish take on Fortescue shares, Baker also issued a sell recommendation on Boss Energy shares.

“Boss is a multi-mine uranium producer,” he said. “It owns the Honeymoon project in South Australia and has a 30 per cent stake in the Alta Mesa project in South Texas.”

As for that sell recommendation, Baker said:

The Honeymoon project has presented challenges, with the company cutting production guidance in response to bad weather in the third quarter of 2026. A resource downgrade has since followed.

The company posted a net profit after tax of $2.544 million in fiscal year 2026, up from a loss of $34.168 million in the prior year. The shares have fallen from $4.62 on June 23, 2025 to trade at $1.53 on September 10, 2026. Other stocks appeal more at this stage of the cycle.

The post Sell alert! Why this expert is calling time on Boss Energy and Fortescue shares appeared first on The Motley Fool Australia.

More reading

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• Buy, hold, sell: Corporate Travel Management, Wesfarmers, Fortescue shares
• Energy shares rose while the ASX 200 slumped last week. Here’s why
• $10,00 invested in Rio Tinto and Fortescue shares 3 years ago is now worth…

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 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.