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.

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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.

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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 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 are a number of ways that Australians can invest in ASX shares for passive income. We can invest in stocks in our names, through a company, a trust, superannuation and so on.

Investing for passive income through superannuation makes sense to me for various reasons. I believe the low tax rate is a key benefit.

Remember that the net income we can use for spending is what we receive from our investments after tax. A full-time working Australian may lose a third (or more) of the received passive income to tax – it depends on what tax bracket they’re in.

Due to the above, Australians can benefit from superannuation because of the lower tax rate.

Super has a lower tax rate in the accumulation phase compared to normal individual tax rates for a full-time earner. In retirement, the income tax rate could be as low as 0%.

Each Australian’s household tax position is different, so we’ll just look at targeting a certain passive income level, without talking about tax for the rest of the article.

How much is needed in superannuation for $6,500 of monthly passive income?

Receiving $6,500 per month in dividends translates into $78,000 annually. I’d bet most Australians would love to receive that level of dividends each year without having to do any further work for the money.

One of the main questions Aussies need to think about is what sort of investments they want to own and what dividend yield comes with that investment.

For example, a portfolio with a dividend yield of 6.5% can be half the size of a portfolio with a dividend yield of 3.25% when targeting $78,000 of yearly income (or any other income goal).

This means that for a 6.5% yield, the portfolio would need to be $1.2 million, whereas it would need to be $2.4 million at a 3.25% yield.

Using a middle value, a 5% dividend yield would require a $1.56 million portfolio to generate an average of $6,500 in monthly passive income.

The final dividend yield I’ll note is 4%. It would take a $1.95 million portfolio value to unlock $78,000 of annual dividends.

The types of ASX dividend shares I’d look at

There are plenty of ASX dividend shares that superannuation investors can use to invest in superannuation, in their personal name, or through other structures.

Some of the stocks with lower yields that I’d look at are Washington H. Soul Pattinson and Co. Ltd (ASX: SOL), L1 Long Short Fund Ltd (ASX: LSF), Lovisa Holdings Ltd (ASX: LOV), Wesfarmers Ltd (ASX: WES) and APA Group (ASX: APA).

Turning to investment options with higher dividend yields, I’d consider names like Future Generation Australia Ltd (ASX: FGX), Telstra Group Ltd (ASX: TLS), WCM Quality Global Growth Fund (ASX: WCMQ), Centuria Industrial REIT (ASX: CIP), Rural Funds Group (ASX: RFF), Charter Hall Long WALE REIT (ASX: CLW), Dexus Industria REIT (ASX: DXI), PM Capital Global Opportunities Fund Ltd (ASX: PGF) and Hearts and Minds Investments Ltd (ASX: HM1).

The post How much is needed in superannuation to target a $6,500 monthly passive income? appeared first on The Motley Fool Australia.

More reading

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• Here are the top 10 ASX 200 shares today
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• By September 2027, Wesfarmers shares could turn $10,000 into…
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Motley Fool contributor Tristan Harrison has positions in Future Generation Australia, Hearts And Minds Investments, L1 Long Short Fund, Rural Funds Group, Washington H. Soul Pattinson and Company Limited, and Wcm Quality Global Growth Fund. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Lovisa, Washington H. Soul Pattinson and Company Limited, and Wesfarmers. The Motley Fool Australia has positions in and has recommended Apa Group, Rural Funds Group, Telstra Group, and Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia has recommended Lovisa and Wesfarmers. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.