We’ve been writing a fair bit lately on how you might want to invest some of your superannuation into ASX dividend shares to secure a long-term passive income stream in your retirement years.

To be clear, it’s likely not in your best interests to invest all of your super balance into the stock market.

If you are going to invest a reasonably large portion, you may want to consider investing some of that in international stocks. This way your superannuation savings aren’t overly exposed to just the Aussie market.

You’ll also want to keep some liquid funds handy for any unexpected costly events, so you won’t need to sell any of your ASX shares during future market downturns.

With this in mind, how much you need to invest in ASX dividend shares to earn $100 a day – or $36,500 a year – will obviously depend on the yield you’re earning.

While chasing a few high-yield stocks may be tempting, you’ll often find that the yields look appealing because the company’s share prices have fallen sharply since their last dividend declarations. That could signal lower dividend payments ahead.

You also need to be careful if you’re considering buying just a few quality ASX dividend shares.

A properly diversified passive income portfolio will contain a lot more than just a few stocks. There’s no magic number. But 15 is a reasonable ball park figure. Ideally, you’ll own companies operating in various sectors and locations. This will reduce the risk of your passive income stream taking a big hit if any one company or sector hits a rough patch.

Which brings us back to…

Tapping into superannuation for $100 a day in passive income

Rather than trying to build a new passive income portfolio from scratch, and researching dozens of ASX dividend shares, you might want to consider a dividend paying exchange traded fund (ETF).

Take State Street SPDR MSCI Australia Select High Dividend Yield ETF (ASX: SYI), for example.

This ASX ETF pays quarterly dividends, which can be handy during retirement if you’re waiting on that next passive income payout. And management costs are just 0.20% per year.

Pleasingly, the share price has gained 7.0% in 2026. You don’t want to invest your superannuation in stocks going backwards. Ideally, you want annual share price gains to at least match the inflation rate. This way inflation won’t erode the real value of your superannuation investment.

The top five holdings of the State Street SPDR MSCI Australia Select High Dividend Yield ETF are:

• CSL Ltd (ASX: CSL)
• National Australia Bank Ltd (ASX: NAB)
• Australia and New Zealand Banking Group Ltd (ASX: ANZ)
• Westpac Banking Corp (ASX: WBC)
• Telstra Group Ltd (ASX: TLS).

And the ETF trades on a trailing dividend yield of 4.0%.

So, for $100 a day, or $36,500 a year, in passive income, you’d need to invest $912,500 today.

The post How much superannuation do I need to earn $100 a day in passive income? appeared first on The Motley Fool Australia.

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• How much is needed in superannuation to target a $70,000 annual passive income?
• $10,000 invested in Westpac and NAB 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 positions in and has recommended CSL. The Motley Fool Australia has positions in and has recommended Telstra Group. The Motley Fool Australia has recommended CSL. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The GrainCorp Ltd (ASX: GNC) share price is in focus today as the company reaffirmed its FY26 guidance, forecasting underlying EBITDA mid-range at $200–240 million and underlying NPAT between $20–50 million, including $5 million in restructuring costs.

What did GrainCorp report?

• Reconfirmed FY26 underlying EBITDA guidance at around $200–240 million
• FY26 underlying NPAT expected within $20–50 million range
• Business Transformation Program to deliver $12 million run-rate benefits by end FY26
• One-off restructuring costs of $5 million incurred in FY26
• System transformation spend unchanged for 2H26 at $25 million; FY27 updated to $30–35 million

What else do investors need to know?

GrainCorp’s Business Transformation Program is on track, targeting a $20–30 million uplift in through-the-cycle EBITDA by FY28. Operating model changes across Agribusiness, affecting around 80 roles, are aimed at improving decision-making and execution across its east coast network.

Investment continues in GrainCorp’s systems transformation, particularly in the Nutrition and Energy segment, with deployment for Release 1 extended to post-harvest in 2Q CY27. The company maintains a disciplined balance sheet and has deferred further systems upgrades in Agribusiness to focus on operating improvements.

What did GrainCorp management say?

Managing Director and CEO Robert Spurway said:

We have completed major changes to our operating model and remain focused on driving efficiency and best-in-class financial outcomes.

What’s next for GrainCorp?

GrainCorp will continue to monitor conditions in the 2026–27 winter crop, especially as New South Wales and Victoria see favourable growing weather, and Queensland faces drier conditions. The latest ABARES report forecasts a 12% lift in east coast winter crop production from June, providing potential upside.

Management will also keep an eye on new export opportunities, thanks to recent increases in global commodity prices. GrainCorp’s refreshed structure and strong balance sheet are intended to position the company to make the most of market opportunities as they arise.

GrainCorp share price snapshot

Over the past 12 months, GrainCorp shares have declined 19%, trailing the S&P/ASX 200 Index (ASX: XJO), which has risen 1% over the same period.

View Original Announcement

The post GrainCorp keeps guidance steady as transformation delivers gains appeared first on The Motley Fool Australia.

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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.

The St Barbara Ltd (ASX: SBM) share price could be one to watch on Thursday after the gold miner released a big update before market open.

St Barbara shares finished flat at 73 cents apiece yesterday, but investors could have plenty to think about when trading gets underway this morning.

So, what has St Barbara announced?

St Barbara cashes in

According to the release, St Barbara has agreed to sell its remaining interest in the New Simberi Gold Project in Papua New Guinea to China’s Lingbao Gold Group.

Under the deal, the company will receive $410 million in cash when the transaction completes.

It will also receive another $43 million to repay its share of construction spending on New Simberi between April and signing.

However, St Barbara will still retain some exposure to the project.

The company will keep a 2.75% net smelter return royalty on future gold and silver production from New Simberi, along with a 1.5% royalty over minerals produced from the Tabar Islands exploration licences.

The transaction is expected to complete in the March quarter of 2027, subject to regulatory and shareholder approvals.

Could shareholders get another big dividend?

There could be a pretty big payday coming for shareholders.

St Barbara had $427 million in cash at the end of August. After the sale completes, it expects to have around $880 million in cash and no debt.

The board is considering paying shareholders another fully franked special dividend of around 13 cents per share after completion.

That would come on top of the fully franked 5-cent dividend already declared in August, taking potential dividend returns to 18 cents per share.

Based on Wednesday’s 73-cent closing price, that is equal to almost 25% of the current share price.

The company is also considering an on-market share buyback of up to 100 million shares. A decision is expected after the 15-Mile Processing Hub pre-feasibility study update due around the end of September.

What does St Barbara look like after the sale?

Once Simberi is sold, St Barbara will be left with its Nova Scotia gold projects and the royalties from Simberi.

From there, the focus will be on restarting production at Touquoy by the end of 2026 and moving the 15-Mile Processing Hub towards a final investment decision (FID) by the end of FY27.

The Simberi royalty could still bring in plenty of cash too, with St Barbara estimating around $286 million over the current mine plan.

I think St Barbara is one to keep a close eye on in the coming weeks.

The post St Barbara share price on watch after a huge announcement appeared first on The Motley Fool Australia.

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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 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.