I think some of the best ASX shares to buy are those that can deliver excellent long-term returns through powerful compounding.

When earnings grow at a strong compound annual growth rate (CAGR), it means the underlying intrinsic value is improving rapidly and does so for a long time.

I believe the following two names are excellent ideas for the decade ahead.

Lovisa Holdings Ltd (ASX: LOV)

Lovisa is a global retailer of affordable jeweller around the world.

It has at least five stores in Australia, New Zealand, Singapore, Malaysia, Hong Kong, South Africa, the UK, Ireland, Spain, France, Germany, Belgium, the Netherlands, Austria, Switzerland, Poland, Italy, the UAE, the USA, Canada, Mexico, its Middle East and Africa franchise and its South America franchise.

The ASX share’s expanding global store network is a key driver of the company’s financial progress. In FY26 alone, its store count increased by 10.2% (or 105 stores) year-over-year to 1,136.

Revenue growth at its store network helped revenue grow by 17.6% to $938.8 million, underlying operating profit (EBITDA) rose 20.9% and net profit after tax (NPAT) increased 10.7% (despite all of the investing in new stores globally).

With so many markets it can grow in, including new markets like China, Vietnam, Taiwan, I think the business has a very promising future of expansion in the decade ahead. Operating leverage could help improve its profit margins over time.

According to the forecast on CMC Invest, the Lovisa share price is valued at 19x FY28’s estimated earnings.

Siteminder Ltd (ASX: SDR)

Siteminder is one of the world’s leading hotel commerce and management software providers. The business generates 140 million hotel reservations worth over A$85 billion in revenue for its hotel customers.

In an increasingly digital world, the ASX share is seeing strong adoption around the world.

In FY26, Siteminder reported that revenue grew 18.6% to $266.1 million and annual recurring revenue (ARR) improved 14.9% to $313.7 million, despite softer global travel conditions.

It’s benefiting from growing traction in new product initiatives, such as its smart platform modules that help customers analyse financial performance, decide on room prices, and even automatically adjust them so customers can generate the most revenue over the year.

In terms of profitability, the nature of software means revenue can rise much faster than expenses.

While the ASX share’s revenue grew 18.6% in FY26, underlying operating profit (EBITDA) jumped 96.5% to $28.1 million, and adjusted free cash flow surged 123% to $10.5 million. I expect its profit margins will continue to improve in the years ahead, although they are unlikely to do so at the same pace as in FY26.

According to the projection on CMC Invest, the Siteminder share price is valued at under 30x FY28’s estimated earnings.

The post 2 top ASX shares to buy and hold for the next decade appeared first on The Motley Fool Australia.

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Motley Fool contributor Tristan Harrison has positions in SiteMinder. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Lovisa and SiteMinder. The Motley Fool Australia has positions in and has recommended SiteMinder. The Motley Fool Australia has recommended Lovisa. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Owning Qantas Airways Ltd (ASX: QAN) shares has been a solid choice for passive income in recent times, following the COVID-19 pandemic. Investors may be wondering what the upcoming dividends could be for shareholders.

It has been a volatile decade for the airline so far, with the Middle East events causing a big increase in fuel prices for the airline.

As we saw in the FY26 result, the company reported that was a Middle East net impact of $420 million, leading to an underlying profit before tax falling $330 million to $2.06 billion and statutory net profit after tax dropped $316 million.

This allowed the business to pay a FY26 final dividend of $300 million (19.8 cents per share), which combined with its $300 million interim dividend.

Let’s take a look at what analysts think could happen with the dividends in the coming years.

FY27

We are already a few months into the 2027 financial year, and we still don’t know how the situation in the Middle East will play out or how long it could take. Travel demand and fuel prices could be significantly impacted, so we’ll have to see what happens next.

When Qantas announced its FY27 result, the airline gave some outlook commentary, which gave some insight into what could happen during this new financial year.

The airline said that travel demand remains resilient as customers continue to prioritise travel. International demand across Qantas and Jetstar remains “strong”, supported by customers redirecting travel away from the Middle East, while domestic demand is tracking “broadly in line with the fourth quarter of FY26.”

Qantas said that domestic and international total unit revenue (TRASK) is expected to rise between 8% to 10% in the first half of FY27 compared to the first half of FY26.

With the above in mind, the projection on Commsec suggests the business could deliver higher earnings but maintain its annual dividend per Qantas share at 39.6 cents. That would be a dividend yield of 4.25% and a grossed-up dividend yield of 6%, including franking credits.

FY28

In the next financial year, being FY28, analysts predict that the earnings and dividend could grow further.

According to the projection on Commsec, the ASX share could hike its annual dividend per Qantas share of 43.1 cents in FY28. That would be a grossed-up dividend yield of 6.6%, including franking credits, at the time of writing.

FY29

The 2029 financial year could be the best of all for this series of projections.

According to the estimate on Commsec, the business could pay an annual dividend per Qantas share of 49.6 cents. That would translate into a grossed-up dividend yield of 7.6%, including franking credits.

Overall, it seems like the airline could produce solid dividend returns in the coming years.

The post Here’s the dividend forecast out to 2029 for Qantas shares appeared first on The Motley Fool Australia.

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• How many Qantas shares do I need to buy for $10,000 per year of 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.

There is a group of ASX dividend shares that I believe will make great long-term investments for both capital growth and passive income over the long-term.

I’m so optimistic about certain names that I’ve invested in them for my own portfolio, and I’m planning to buy more in the coming months and years.

In my view, the names below are two of the most compelling passive income stocks right now.

L1 Global Long Short Fund Ltd (ASX: GLS)

This business is a listed investment company (LIC) and it’s a recent addition to my portfolio. It’s similar to the L1 Long Short Fund Ltd (ASX: LSF), except it only invests in global shares, rather than a mixture of ASX shares and global shares.

The globally-focused business focuses on company-specific opportunities where valuation and earnings delivery can drive returns across a “range of potential macro environments”.

In its monthly update for July 2026, it noted that its median ‘long’ position is trading on a price/earnings (P/E) ratio of 10, supported by double-digit earnings per share (EPS) growth and modest debt levels.

As its name suggests, the LIC can also short businesses, which essentially means it can bet on certain names in the portfolio going down in value. Therefore, it can make investment returns whether the market goes up or down.

The ASX dividend share can give Australian investors exposure to a diversified portfolio, with investments (and short positions) across North America, Europe and the Asia Pacific regions.

L1 Group Ltd (ASX: L1G) only started managing this LIC in November 2025, but its portfolio’s net return has been 17.9% since then, outperforming the global share market by 6.6% in that time.

The global LIC has provided dividend guidance of at least 8 cents per share in FY27, with quarterly dividends of 2 cents per share. It has also stated an intention to pay sustainable and growing dividends over time.

Its guidance implies a guided grossed-up dividend yield of at least 5.4%, including franking credits, at the time of writing.

Rural Funds Group (ASX: RFF)

Rural Funds is the other ASX dividend share I want to talk about. It’s a real estate investment trust (REIT) that provides exposure to a portfolio of agricultural properties.

The business offers a diversified portfolio across cattle, almonds, macadamias, vineyards and cropping.

The FY26 result highlighted the strength of the REIT’s ability to deliver good passive income despite challenging conditions in relation to higher interest rates.

Rural Funds reported that FY26 net property increase grew 5.7% thanks to additional rental income on capital expenditure (primarily macadamia orchards) and indexation. Its rental contracts have income growth from fixed annual increases and inflation-linked increases.

It also reported that adjusted funds from operations (AFFO) – the net rental profit – rose by 1.7%, despite interest costs increasing significantly.

The business has announced a few asset sales, at a premium to the stated book value, which will decrease interest costs and put the balance sheet in a healthier position. It had adjusted net asset value (NAV) of $3.22 as of June 2026 (which was a 4.5% rise year over year) – that means, it’s trading at a 40% discount to the stated value.

It expects to pay a distribution per unit of 11.73 cents in FY27, which is a distribution yield of 6%.

The post 2 great ASX dividend share buys for passive income in September appeared first on The Motley Fool Australia.

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• 3 top ASX dividend shares to buy in September
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• How much do I need to retire on $120,000 a year at 55?
• Why Bell Potter rates these ASX dividend shares with 5% to 8% yields as buys

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