If you’re looking to bank an extra $5,000 a year in passive income, should you buy National Australia Bank Ltd (ASX: NAB), ANZ Group Holdings Ltd (ASX: ANZ), Westpac Banking Corp (ASX: WBC), or Commonwealth Bank of Australia (ASX: CBA) shares?

All of the big four S&P/ASX 200 Index (ASX: XJO) bank stocks have a lengthy history of paying twice-yearly dividends. But there are some marked differences in both the yields you might expect, as well as the level of franking credits you may receive.

We’ll look at the past year’s share price moves and passive income payouts from CBA, NAB, ANZ, and Westpac shares below.

Just bear in mind that the yields you generally see quoted are trailing yields. Future yields may be higher or lower depending on a range of macroeconomic and company-specific factors.

With that in mind…

Tapping the ASX 200 banks for $5,000 in passive income

Kicking off with the biggest ASX 200 bank stock, CBA shares closed on Monday trading for $154.97 each. That sees the CBA share price down 8.3% over the last 12 months.

On the passive income front, CBA paid (or shortly will pay) two fully-franked dividends totalling $5.05 a share over the full year. CBA shares trade ex-dividend on 19 August. Eligible stockholders will receive the final dividend on 29 September.

At Monday’s closing price, then, CBA trades on a fully-franked dividend yield of 3.3%.

Moving on, NAB shares closed yesterday at $38.72 each, putting the NAB share price down 11.6% over 12 months.

Over the time, NAB paid two fully-franked dividends totalling $1.70 a share. This sees NAB trading on a fully-franked dividend yield of 4.4%.

Next up, ANZ shares ended Monday trading for $37.54. Unlike the other big four ASX 200 bank stocks, ANZ shares have gained 13.8% over the past 12 months. Over this period, ANZ paid two dividends (franked at 70% and 75%), totalling $1.66 a share.

At Monday’s close, ANZ shares trade on a partly franked dividend yield of 4.4%.

And last up, Westpac shares closed on Monday at $34.53 each, which sees the ASX bank stock down 10.9% over 12 months.

As for that passive income, Westpac paid two fully-franked dividends over the full year, totalling $1.54 a share. Westpac stock trades on a fully-franked 4.5% trailing dividend yield.

Which ASX 200 bank stock to buy?

While all four ASX 200 banks offer reliable dividend payments, Westpac is well ahead of CBA and edges out ANZ and NAB shares with the best yield. And it provides full franking credits.

For $5,000 a year in passive income, based on the trailing yield, you’d need to buy 3,247 Westpac shares today.

The post Westpac, ANZ, NAB or CBA shares? Which ASX bank stock should I buy for $5,000 a year in passive income? 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.

The Evolution Mining Ltd (ASX: EVN) share price is in focus today as the gold miner outlined its long-term plan to deliver sector-leading margins and future growth, supported by higher copper exposure and a robust project pipeline.

What did Evolution Mining report?

• FY27 production guidance: 660,000–730,000 ounces of gold, 63,000–70,000 tonnes of copper.
• All-in Sustaining Cost (AISC) guidance: $1,795–$1,995 per ounce.
• Portfolio reserve life: 17 years on average, with a target of up to 8 assets in Tier 1 regions.
• Industry-leading EBITDA margins, driven by high-margin copper and gold assets.
• Investment-grade balance sheet and strong cash generation to fund growth.

What else do investors need to know?

Evolution Mining highlighted several growth projects across its portfolio, including developments at Cowal, Ernest Henry, and Northparkes. The company is focusing on expanding copper production, with mill upgrades and exploration in progress to support future output.

Evolution remains disciplined with capital management, emphasising sustainable cash flows and returns to shareholders through the cycle. Exploration success has extended mine life and resource base across existing and greenfield assets, supporting ongoing value creation.

What did Evolution Mining management say?

Lawrie Conway, Managing Director and Chief Executive Officer said:

Today’s investor briefing will demonstrate why Evolution’s portfolio has significant growth options available that can support sustainable returns for multi-decades. Our long-life high-margin assets, significant and growing copper exposure, and a robust balance sheet, gives confidence in our ability to generate sustainable cash flows, invest in future growth, and create lasting value for shareholders.

What’s next for Evolution Mining?

Looking ahead, Evolution Mining plans to ramp up production from its new and existing operations while maintaining a focus on margin over sheer output. Projects such as the Cowal underground, Ernest Henry’s Bert expansion, and Northparkes mill upgrade are set to drive further growth in gold and copper production.

The company’s strategy centres on disciplined investment in Tier 1 assets, sustainable cost management, and leveraging copper demand to deliver long-term, stable returns to shareholders.

Evolution Mining share price snapshot

Over the past 12 months, Evolution Mining shares have risen 44%, outperforming the S&P/ASX 200 Index (ASX: XJO), which has declined 2% over the same period.

View Original Announcement

The post Evolution Mining reveals copper-driven growth and sector-leading margins 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.

At the current Nick Scali Limited (ASX: NCK) share price, investors can grab a bargain and get a much larger dividend yield.

When a share price falls, it can significantly boost the dividend yield on offer. When a share price falls 10%, the yield is boosted by 10%. For example, if the business has a dividend yield of 5% and the share price falls 10%, the dividend yield becomes 5.5%.

But the Nick Scali share price has fallen much further. In the past year, it has dropped 41%. That has had a big impact on the potential dividend payout in the coming years.

We shouldn’t just think of Nick Scali as a cash-paying machine, but it has impressive passive income credentials. So, before getting to the earnings growth part, let’s look at the potential dividend payments from the business.

Dividend credentials

Nick Scali has been paying dividends to shareholders for more than 13 years. Most years in the past decade or so have seen the company increase its payout, though that’s not always going to happen.

In FY26, the business did increase its annual dividend per share by 30% to 78 cents. That translates into a current grossed-up dividend yield of 8.1% at the time of writing, including franking credits.

However, difficult trading conditions could mean that the business isn’t able to maintain its payout in FY27. It’s currently projected to pay an annual dividend of 65.7 cents – that currently translates into a grossed-up dividend yield of 6.8%, including franking credits.

Following that, the projection suggests that the business could pay an annual dividend per share of 74.2 cents in FY28 and 84.3 cents in FY29. That translates into forward grossed-up dividend yields of 7.7% and 8.7%, including franking credits, respectively.

On the dividends alone, I think Nick Scali can provide good passive income returns.

Store network growth potential

I think that Nick Scali is a great furniture retailer, and it still has plenty of growth potential left by expanding its global store network.

At July 2026, it had 114 stores in Australia and New Zealand across its Nick Scali and Plush store networks. The business thinks it could reach between 180 and 200 stores across ANZ in the long term. That implies growth of between 58% and 75% in the long term.

Its UK store network was 18 stores as of July 2026, but management currently thinks the UK network could reach between 60 and 70 stores, representing a possible rise of at least 230% from where it is right now.

Adding more stores could bring significant benefits in the years ahead.

Rising profit margins

I believe one of the best reasons to like Nick Scali shares is because I expect its profit margins to increase, particularly thanks to the UK.

In FY26, Nick Scali said its revenue grew 4.3% to $516.7 million, and the gross profit margin improved 2.1 percentage points to 65.6%, helping net profit after tax (NPAT) grow by 22.1% to $75.7 million.

The UK market is seeing top-selling ANZ items perform well in the UK, which I think bodes well for other Nick Scali products in that market. The UK gross profit margin improved by 13.2 percentage points to 60.3%, which is a huge increase in just one year.

Even if revenue doesn’t grow a huge amount, rising profit margins could make a big difference to the bottom line in the years ahead.

I think the Nick Scali share price is a buy, not just for the dividend yield, but also for the potential bounce-back after the current challenging retail conditions.

The post Is the Nick Scali share price a buy for its 7% dividend yield? 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 recommended Nick Scali. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.