Tag: Stock pick

ASX consumer staples stock Select Harvests Ltd (ASX: SHV) is set to benefit from tailwinds over the next 12 months according to a new report from Bell Potter. 

Select Harvests is an integrated grower, processor and marketer of almonds owning and operating farming and processing assets in Australia. 

It offers a vertically integrated model with core capabilities in farming, processing and marketing.

The company has experienced some significant volatility over the past 12 months. Its share price has fluctuated between highs of $5.20 and lows of $3.50. 

It currently sits on the high end of this range, closing trading yesterday at $4.90. 

However, the team at Bell Potter believe it could be set for significant growth in the next year. 

Almond prices continue to strengthen 

According to a new report from Bell Potter, almond prices have continued to strengthen, implying upside to consensus FY27e expectations. 

US almond prices are up around 20% since SHV’s 1H26 results, driven by smaller kernels and expectations that US production will again fall short of USDA forecasts.

While the price increase is unlikely to have much impact on FY26 earnings, it significantly improves the FY27 outlook. 

Bell Potter believes consensus pricing of around A$10/kg is too conservative compared with current spot prices of about A$12/kg.

Input costs are starting to ease, although Bell Potter remains cautious because the company has already locked in fertiliser costs for FY27 and water costs/requirements may remain elevated due to the drier seasonal outlook. They expect costs to move closer to long-term averages from FY28.

Based on this guidance, Bell Potter has increased its almond price assumptions, resulting in FY27 EPS being upgraded by 20% and FY28 EPS by 5%. 

Target price rises 

The broker has subsequently raised its target price to $6.05 (previously $5.30). 

From current levels, this indicates an upside potential of 23% for this ASX consumer staples stock.

Almond prices are strengthening and the SHV share price has lagged this move, continuing to trade below its market backed asset value of ~$5.30ps. At spot almond price levels, we would estimate FY27e EPS in a range of 53-72¢ps based on production guidance comparable to FY26e (i.e. 28,000-31,000kt), a level materially higher than the current consensus EPS level of ~37¢ps. The longer-term almond thematic has always been the key attraction to SHV, however, there is the scope for a near term sugar hit should the current positive market backdrop remain in place.

The post This ASX consumer staples stock is tipped to rise 23%: Expert appeared first on The Motley Fool Australia.

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Motley Fool contributor Aaron Bell 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.

Few ASX blue-chip stocks have delivered a more dramatic rollercoaster ride than WiseTech Global Ltd (ASX: WTC) shares.

The logistics software company’s shares have traded as high as $135 and as low as $28.76 — an almost 80% peak-to-trough collapse.

At around $36.26, the stock remains near its lows after falling roughly 62% over the past year. Yet several brokers continue to see substantial upside.

So, what are they seeing that the market isn’t?

The rally that ran out of steam

For much of August, WiseTech shares looked ready for a comeback.

The stock jumped 25% during the first three weeks, reaching $45.47 on 25 August. Then the FY26 result arrived, and the recovery quickly lost momentum.

Since reporting, shares have fallen around 20%, taking them a long way from the $100-plus levels seen a year ago.

But the numbers themselves weren’t disastrous. WiseTech reported a 46% increase in EBITDA to US$558.4 million for FY26. That landed within management’s US$550 million to US$585 million guidance range, although it fell slightly below the US$569.5 million market forecast.

For FY27, management expects revenue to grow 6% to 10%, reaching US$1.48 billion to US$1.54 billion. Underlying EBITDA is forecast to increase 12% to 21%, with margins improving to 49% to 51%.

A global leader with a credibility problem

The price collapse of WiseTech shares isn’t simply a story about deteriorating demand.

WiseTech’s CargoWise platform remains a major logistics software system used by the world’s top 25 freight forwarders, including Toll and DHL.

That gives the company exposure to powerful long-term trends, including the digitalisation of global trade and increasing complexity across international supply chains.

The bigger challenges have been investor confidence, governance concerns and regulatory issues. That’s why FY27 execution matters so much.

What do brokers think?

Several brokers remain firmly bullish.

Morgans retained its buy rating with a $62.50 price target, while Morgan Stanley maintained its buy rating and $70 target. That represents potential upside of almost 93% from $36.26.

Bell Potter also retained its buy rating on WiseTech shares, despite cutting its target from $71.75 to $65.

In our view the issue with the result was the guidance and, in particular, the expected 45%/55% H1/H2 split in CargoWise revenue this year which implies mid single digit growth in H1 and strong double digit growth in H2. While we reflect this skew in our forecasts, we adjust for the risk in our valuation by reducing the multiples we apply in the PE ratio and EV/EBITDA and also increasing the WACC we apply in the DCF. The net result is a 9% decrease in our TP to $65.00 and we retain the BUY.

Citi lifted its target from $55.05 to $58.75, while UBS reduced its target from $65 to $56 but retained its buy recommendation. Macquarie has an outperform rating and $48.20 target.

But not everyone is convinced. Jefferies downgraded WiseTech to hold with a $45 target, while JPMorgan also has a hold rating and $40 target.

At $36.26, that enormous spread tells investors something important: the market remains deeply divided.

Foolish takeaway

The bull case rests on WiseTech converting its strong underlying position into faster growth and expanding margins. The bear case of WiseTech shares is that investor concerns and slower near-term growth deserve a much lower valuation.

For now, brokers appear more optimistic than the share price suggests. But WiseTech will need to deliver on its FY27 ambitions before the bulls can claim victory.

The post WiseTech shares are down 62%. Why are brokers still bullish? appeared first on The Motley Fool Australia.

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• Why I’m buying WiseTech shares before the market catches on
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• 9 ASX shares downgraded by experts post-results this week

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

The recent ASX reporting season “showed some softness” but was marginally better than feared, the analysts at Canaccord Genuity (CG) wrote in a recent research note.

The team at CG has identified four major ASX stocks they believe will do well over the next period, despite favouring global equities over domestic over the next six to 12 months.

They said earnings growth over the most recent reporting season looks set to come in at around 12%, while estimates have been trimmed marginally for the current year to about 11% growth, “which looks optimistic to [CG] given softening economic conditions”.

With this context in mind, let’s see which stocks they like.

Hub24 Ltd (ASX: HUB)

Hub24 shares are almost 30% down over a 12-month period, which CG has identified as a potential entry point. CG said that while there has been a temporary softness of funds inflows there, “remains a high-quality structural growth story”.

The company is trading well below its five year average, the CG team said.

They added:

This was driven by softer FY27 platform net flows, reflecting discretionary investment (non-super) pullback amid Federal Budget changes rather than advisers leaving the platform, with superannuation flows continuing to grow. FY28 platform FUA guidance of $186- 200bn implies ~17% growth, reinforcing the structural trajectory.  

Telix Pharmaceuticals Ltd (ASX: TLX)

The CG team said that while the Telix share price has recovered well over the past month, they continue to see further substantial valuation upside.

They believe the shares remain as much as 70% undervalued, with the next six months “catalyst rich”.

They added:

Two consecutive beats on Precision Medicine revenue, with Q2 sales coming in 10% above consensus, point to upside risk to FY26 revenue. Complementing its commercial momentum, the pipeline has had strong recent momentum and remains catalyst-rich, with the resubmission of Zircaix, the expected approval and launch of Pixclara, and enrolment progress and early efficacy data from the TLX591 ProsACT Part 2 trial all expected this year.

ResMed Inc (ASX: RMD)

The CG team said investor interest was returning to healthcare following the reporting season and that would benefit ResMed which is currently deeply discounted.

They added that CPAP device demand remained strong, and they believed that fears to ResMed’s business from GLP-1 weight loss drugs were overdone.

They added:

Successive alternatives have failed to displace CPAP as the primary treatment for sleep apnea, while real-world data show GLP-1 users are more likely to initiate and remain on therapy. RMD’s investment in diagnostic and referral channels adds further growth potential.

Goodman Group Ltd (ASX: GMG)

The CG team said that the market continues to undervalue Goodman Group’s data centre opportunity, “despite a difficult-to-replicate global power bank providing significant runway to data infrastructure demand”.

They said the company was trading at a similar valuation to the ASX All Industrials, despite having more attractive metrics.

They added:

The group’s development work in progress surged 53% in FY26 to $19.7bn, with data centres now 78% of the pipeline, underpinning a significant uplift to the group’s yield on cost, implying strong development margins. The key near-term catalysts will include major lease announcements, which should crystallise valuation uplifts and could trigger performance fees.

The post 4 high conviction ASX stock picks from Canaccord Genuity appeared first on The Motley Fool Australia.

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Motley Fool contributor Cameron England has positions in Hub24 and Telix Pharmaceuticals. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Goodman Group, Hub24, ResMed, and Telix Pharmaceuticals. The Motley Fool Australia has positions in and has recommended ResMed. The Motley Fool Australia has recommended Goodman Group, Hub24, and Telix Pharmaceuticals. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

To earn $10,000 a year in passive income from a $10,000 investment in ASX shares, you’d need to be getting a 100% dividend yield.

And if you know any ASX companies offering a reliable 100% yield, well, drop us a line.

But that doesn’t mean you can’t get to that $10,000 annual passive income stream from your ASX share investment.

It will just take some patience and time.

Tapping into the magic of compounding for long-term passive income

When you’re buying ASX shares, it’s worth taking some advice from legendary investor Warren Buffett.

And when it comes to long-term investing, Buffett famously said, “I don’t invest to make a quick profit. I buy stocks with the mindset that the market might shut down tomorrow and stay closed for five years.”

Or, more succinctly, Warren Buffett once quipped, “Our favourite holding period is forever.”

Now, rest assured, you won’t have to wait forever to see your $10,000 investment in ASX shares deliver $10,000 a year in passive income.

I believe you can reasonably expect to earn a long-term yield of at least 5.2% from quality ASX dividend stocks.

S&P/ASX 200 Index (ASX: XJO) energy giant Woodside Energy Group Ltd (ASX: WDS) shares, for example, trade on a 5.1% fully-franked dividend yield.

Shares in Aussie freight operator Aurizon Holdings Ltd (ASX: AZJ) trade on a 6.2% dividend yield, 90% franked.

And ASX 200 bank stock Westpac Banking Corp (ASX: WBC) trades on a 4.4% fully-franked dividend yield.

Using these three as our sample, if you bought an equal amount in each stock, you could expect to earn a 5.2% dividend yield.

To the maths!

So, in the first year after your initial $10,000 investment, you could expect to earn $520 in passive income.

To achieve your $10,000 in annual passive income at a 5.2% yield, you’ll need to own $192,308 in ASX dividend shares.

Bearing Warren Buffett’s advice in mind, we’ll be patient and tap into the magic of compounding.

Let’s take the S&P/ASX 200 Gross Total Return Index (ASX: XJT) – which includes all cash dividends reinvested on the ex-dividend date – as our benchmark for the types of returns you might expect from that initial investment.

Over the last five years, the ASX 200 total return index has gained 46%. That equates to an annualised return of approximately 7.9%.

Now we won’t try to beat those returns. But we certainly hope to match them.

So, if you sit tight and leave that $10,000 invested for 38 years, you should have $199,287.

At a 5.2% yield, that will give you an annual passive income of $10,363.

The post $10,000 a year in passive income buying just $10k worth of ASX shares? Here’s how I’d go about it appeared first on The Motley Fool Australia.

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• How many Westpac shares do I need to buy for $8,000 of passive income?
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• How much do I need in my superannuation to earn $200 a day in passive income?

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.

In Australia, superannuation is a popular tool to build wealth for retirement.

It’s tax effective too, and you can also use your superannuation to build a passive income to live off in your retirement years.

But by investing your superannuation wisely, you will benefit from lower tax rates, compound growth, and then eventually a retirement lifestyle boosted by a tax-free passive income.

The question is, how much do you actually need in your superannuation to receive the passive income you want?

Let’s break it down, using $10,000 per month as an example.

How much superannuation do I need to earn $10,000 of monthly passive income?

First, you need to work out what $10,000 in passive income every month totals over the year. 

So, $10,000 x 12 = $120,000.

Then you need to divide your annual passive income by the dividend yield of your overall portfolio. 

For example, $120,000 ÷ 2% = $6 million (that’s the portfolio size you’d need).

The only catch is that the answer varies depending on your dividend yield.

That means a super portfolio with a dividend yield of around 4% only needs to be half the size of one with a dividend yield of around 2% to generate the same level of passive income.

Which is good news because a $6 million superannuation balance is out of reach for the majority of Australians.

Ok, so how much do I need to earn $10,000 off a 4%, 5% or 6% yielding portfolio?

We already know what portfolio size you’d need to earn $12,000 per year (the equivalent of $10,000 per month) off a 2% yielding account.

But if your overall portfolio has a slightly higher dividend yield of around 4%, you’ll need a balance of around $3 million to earn the same $120,000 per year in passive income.

If the yield of your portfolio is higher still, at around 5% for example, your balance would need to be closer to $2.4 million to earn the same dividend income.

For a 6% yielding portfolio, you’d need a superannuation balance closer to $2 million to earn the same amount again.

And so on…

You’d still earn $120,000 per year in passive income from each of these superannuation balance sizes.

I’m aiming for a 5% yielding superannuation portfolio, which ASX shares can I invest in?

To earn a $120,000 passive income off a 5% yielding portfolio, you’d need around $2.4 million saved. 

But note, if you want a portfolio yielding around 5%, it doesn’t mean that every investment in your portfolio has to yield that level. It can be a combination that yields 5% overall.

These are my top picks.

Defensive shares like Telstra Group Ltd (ASX: TLS), Sonic Healthcare Ltd (ASX: SHL), Origin Energy Ltd (ASX: ORG) or Amcor PLC (ASX: AMC) are a solid choice for income-seeking investors. These all yield around the 5% to 6% level, at the time of writing.

Non-discretionary ASX consumer staples stocks are also naturally defensive, but many of them yield slightly less. Supermarket giants like Woolworths Group Ltd (ASX: WOW) and Coles Group Ltd (ASX: COL) can generate stable cash flow across all phases of the economic cycle. This translates to consistent dividends for shareholders. These shares pay around 3%, at the time of writing. 

Then there are your popular ASX mining shares. These are more cyclical, but such stocks usually rebound strongly during recovery. BHP Group Ltd (ASX: BHP), Fortescue Ltd (ASX: FMG) and Rio Tinto Ltd (ASX: RIO) are popular options. These yield anywhere between 3.5% and 6.5% at the time of writing. 

The post How much do I need in my superannuation to earn $10,000 passive income every month? appeared first on The Motley Fool Australia.

More reading

• Here are the top 10 ASX 200 shares today
• Post-earnings: I’d buy these ASX dividend stocks for income today
• How I’d target $5,000 a year in passive income from ASX shares
• Why is everyone talking about China and BHP shares today?
• These ASX shares benefit from a high Aussie dollar

Motley Fool contributor Samantha Menzies has positions in BHP 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 Amcor Plc and Telstra Group. The Motley Fool Australia has recommended BHP Group and Sonic Healthcare. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

For many Australians, $1 million in superannuation sounds like the magic retirement number. But can that balance realistically deliver $60,000 a year without running out too soon?

The answer depends on more than the size of your nest egg. Your age, investment returns, spending habits, inflation, housing situation and access to the Age Pension can all materially change the equation.

The simple maths

At first glance, the calculation looks encouraging. Taking $60,000 from a $1 million superannuation balance represents a 6% annual withdrawal rate. If the investments inside the super fund generate more than 6% over time, the capital could potentially last for many years.

But investment returns aren’t guaranteed, and retirees need to account for periods when markets fall. Taking withdrawals during a market downturn can accelerate the depletion of a portfolio.

That’s why a $1 million balance doesn’t automatically translate into $60,000 of sustainable annual income.

A million is a substantial balance

It is worth putting that figure into perspective. The Association of Superannuation Funds of Australia (ASFA) currently estimates that a single homeowner aged 67 needs around $630,000 in superannuation to fund a comfortable retirement, while a couple needs $730,000. Those estimates assume retirees draw down their capital and receive some Age Pension.

ASFA’s latest retirement budget puts the annual cost of a comfortable lifestyle at $55,923 for a single person and $78,566 for a couple aged 65 to 84.

That suggests $1 million is not an insignificant amount. In fact, for a homeowner, it could provide a considerable buffer above the current ASFA benchmark.

However, the circumstances are very different for someone renting. Housing costs can dramatically increase the amount of retirement income required.

Age Pension changes the equation

Another important consideration is that superannuation doesn’t necessarily have to fund the entire $60,000. A retiree may qualify for a full or part Age Pension, depending on their circumstances and the relevant income and assets tests. That means a $1 million super balance could potentially be combined with government support.

But there is a catch: relying on a fixed withdrawal rate ignores how long the money needs to last. Someone retiring at 67 could potentially need to fund several decades of retirement. Market volatility, inflation and rising healthcare costs can all put pressure on the portfolio.

Foolish takeaway

A $1 million super balance gives a retiree a strong starting point for targeting $60,000 of annual income, particularly if they own their home and qualify for some Age Pension.

But investors shouldn’t view 6% as a guaranteed income rate. A more conservative strategy could mean withdrawing less during weak markets and more when investment returns are strong.

The key lesson is that retirement planning isn’t simply about hitting a magic super balance.

For someone targeting $60,000 a year, $1 million in superannuation could be enough, but the sustainability of that income will ultimately depend on how the money is invested, withdrawn and supplemented throughout retirement.

The post Is $1 million in superannuation enough for a $60,000 retirement income? appeared first on The Motley Fool Australia.

More reading

• WiseTech shares are down 62%. Why are brokers still bullish?
• 4 high conviction ASX stock picks from Canaccord Genuity
• $10,000 a year in passive income buying just $10k worth of ASX shares? Here’s how I’d go about it
• How much do I need in my superannuation to earn $10,000 passive income every month?
• Here are the top 10 ASX 200 shares today

Motley Fool contributor Marc Van Dinther 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.

It was an interesting start to the trading week for the S&P/ASX 200 Index (ASX: XJO) and many ASX shares this Monday.

After ending last week on a somewhat sour note, investors came back from the weekend with a bit of a spring in their steps this morning. That enthusiasm faded somewhat over the day, but the ASX 200 still managed to close 0.056% higher. That leaves the index at 9,010.9 points.

This lukewarm start to the Australian trading week followed a far more downbeat end to the American trading week on Friday night (our time).

The Dow Jones Industrial Average Index (DJX: .DJI) had a tough session, dropping 0.51%.

The tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) fared a little better, but still fell 0.29%.

But let’s get back to this week and our local markets now for an examination of how the various ASX sectors performed this Monday.

Winners and losers

We had plenty of winners and losers today.

Leading the latter were tech shares. The S&P/ASX 200 Information Technology Index (ASX: XIJ) had an awful time of it today, plunging 2.6%.

Gold stocks were also out of favour, with the All Ordinaries Gold Index (ASX: XGD) tanking 1.24%.

Utilities shares weren’t much better. The S&P/ASX 200 Utilities Index (ASX: XUJ) sank 0.99% this Monday.

Healthcare stocks weren’t riding to the rescue either, illustrated by the S&P/ASX 200 Healthcare Index (ASX: XHJ)’s 0.0.81% dive.

Communications shares found themselves on the losing team as well. The S&P/ASX 200 Communication Services Index (ASX: XTJ) was clipped by 0.76%.

We could say something similar for consumer staples stocks, with the S&P/ASX 200 Consumer Staples Index (ASX: XSJ) drifting down 0.6%.

Its consumer discretionary counterpart was in a similar boat. The S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ) lost 0.46% this session.

Our last red sector was real estate investment trusts (REITs), as you can see from the S&P/ASX 200 A-REIT Index (ASX: XPJ)’s 0.06% slip.

Turning to the green sectors now, it was energy stocks that shone the brightest. The S&P/ASX 200 Energy Index (ASX: XEJ) surged 1.78% higher this Monday.

Mining shares were in demand too. The S&P/ASX 200 Materials Index (ASX: XMJ) enjoyed a 0.42% lift today.

Industrial stocks also fared well, with the S&P/ASX 200 Industrials Index (ASX: XNJ) adding 0.2% to its total.

Finally, financial shares managed to close the day with a rise, evidenced by the S&P/ASX 200 Financials Index (ASX: XFJ)’s 0.15% bump.

Top 10 ASX 200 shares countdown

Property stock Ingenia Communities Group (ASX: INA) was our top stock this Monday. Ingenia shares rocketed 14.79% higher today and closed at $4.19 each. This sharp surge was sparked by a takeover offer from a private equity firm.

Here’s the rest of today’s best:

ASX-listed company	Share price	Price change
Ingenia Communities Group (ASX: INA)	$4.19	14.79%
Elders Ltd (ASX: ELD)	$6.70	7.89%
Whitehaven Coal Ltd (ASX: WHC)	$8.98	7.03%
Generation Development Group Ltd (ASX: GDG)	$3.36	5.99%
IperionX Ltd (ASX: IPX)	$3.12	5.41%
Pinnacle Investment Management Group Ltd (ASX: PNI)	$14.97	4.91%
New Hope Corporation Ltd (ASX: NHC)	$6.35	4.10%
Yancoal Australia Ltd (ASX: YAL)	$6.37	3.92%
Silex Systems Ltd (ASX: SLX)	$5.16	3.41%
Fortescue Ltd (ASX: FMG)	$17,77	3.19%

Our top 10 shares countdown is a recurring end-of-day summary that shows which companies made big moves on the day. Check in at Fool.com.au after the weekday market closes to see which stocks make the countdown.

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

More reading

• Macquarie says this ASX financial share could jump 65%
• What’s keeping the ASX 200 in the green today?
• These ASX shares benefit from a high Aussie dollar
• Why are Ingenia shares soaring today?
• Ingenia Communities Group rejects takeover offer, backs growth strategy

Motley Fool contributor Sebastian Bowen 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 Pinnacle Investment Management Group. The Motley Fool Australia has positions in and has recommended Pinnacle Investment Management Group. The Motley Fool Australia has recommended Elders and Generation Development Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The latest earnings season on the ASX has now been and mostly gone. We heard from a huge swathe of Australian shares over July and August, and the results, as always, have been a mixed bag. For those investors who purely invest for dividend income, however, there has been much to be thankful for. Today, let’s talk about three ASX dividend stocks that I think are post-earnings buys for anyone who prioritises dividend income.

3 ASX dividend stocks that I’d buy for income after earnings

First up is Coles Group Ltd (ASX: COL). Coles has an admirable dividend track record, having upped its annual shareholder payouts every year since its 208 spinoff. 2026 was no different. After bumping its March interim dividend by 10.8%, Coles followed up with a 15.6% hike to its final dividend last month. Coles will fork out a dividend worth 37 cents per share later this month, taking its annual tally to a record 78 cents per share. As with all Coles dividends, 2026’s payouts have come with full franking credits attached. Today, Coles stock is trading on a dividend yield of 3.3%.

Telstra Group Ltd (ASX: TLS) is next up. Telstra is another ASX dividend share that has a fairly impressive history. It has been growing its payouts consistently over recent years, and 2026 was no different. Last month, the telco announced that its final dividend for 2026 would come in at 10.5 cents per share. That matches March’s interim dividend, and takes Telstra’s full-year payouts to 21 cents per share. That’s 10.5% higher than the 19 cents per share that Telstra owners enjoyed over 2025. Neither of Telstra’s 2026 dividends have come fully franked, though, with this final dividend’s partial franking at 90.48% matching the interim dividend. Right now, Telstra stock is sitting on a trailing dividend yield of 4.37%.

Last but not least…

Finally, let’s talk about MFF Capital Investments Ltd (ASX: MFF). MFF is a listed investment company (LIC) and, in my view, one of the most underrated ASX dividend stocks. Like most LICs, MFF Capital owns and manages a portfolio of underlying investments. In MFF’s case, this portfolio is mostly made up of US stocks like Mastercard and Alphabet. The portfolio’s impressive long-term performance has allowed this company to build up an impressive dividend track record.

This dividend stock has increased its annual dividend every year for almost a decade. Its next payout will be worth 11 cents per share, a pleasing 22.2% rise over the 9 cents per share that formed last year’s final dividend. Over 2026, MFF has funded an annual total of 21 cents per share in fully franked dividends, up 23.5% from 2025’s total of 17 cents. Today. MFF Capital Investments trades with a dividend yield of 3.35%.

The post Post-earnings: I’d buy these ASX dividend stocks for income today appeared first on The Motley Fool Australia.

More reading

• How I’d target $5,000 a year in passive income from ASX shares
• These ASX shares benefit from a high Aussie dollar
• Looking for income for life? These are the ASX shares I’d consider
• Is Coles still one of the best defensive ASX shares to own?
• Top 3 ASX shares I’d buy with $5000 right now

Motley Fool contributor Sebastian Bowen has positions in Alphabet, Mastercard, and Mff Capital Investments. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Alphabet and Mastercard. The Motley Fool Australia has positions in and has recommended Mff Capital Investments and Telstra Group. The Motley Fool Australia has recommended Alphabet and Mastercard. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Kogan.com Ltd (ASX: KGN) boss Ruslan Kogan is making a $50 million bet he can deliver shareholders better than 100% returns over the next five years, or he gets paid nothing.

An all-or-nothing bet on strong growth

The online retailer has released new remuneration details for the founder and chief executive, under which his base salary has been cut from $847,838 to just $50,000, all of which he will give away to charity.

Mr Kogan will earn no short-term incentives, with his entire remuneration tied to the goal of a 100% total shareholder return over the next five years, from the level of $3.72 per share.

Kogan shares are currently changing hands for $3.35, meaning Mr Kogan is already behind on the benchmark.

Unlike many remuneration schemes, there is no pro rata or graduated vesting, meaning Mr Kogan will either be paid the entire amount under his remuneration deal or nothing at all.

If he succeeds, he will be granted 6.7 million performance rights, which would be worth just shy of $50 million.

The company said achieving the remuneration hurdle would represent about $383 million in extra shareholder value over the five-year term.

Shareholders will be asked to vote to accept the terms of the remuneration package at a meeting yet to be scheduled.

Company is listening to shareholders

Kogan Chair Greg Ridder said of the new arrangements:

In developing these arrangements, the Board has listened carefully to feedback from shareholders and other stakeholders, particularly on the importance of clear and demanding performance conditions and a strong and transparent link between executive reward and shareholder returns. Kogan.com has always been an entrepreneurial business, and the Board believes the remuneration framework should support the ambition, innovation and long-term thinking that have been central to the Company’s success to date, while maintaining the clear accountability and strong shareholder alignment expected of a listed company.

Mr Ridder said the core Kogan business delivered a strong result in FY26, with more than $1 billion in gross sales, expanding margins, increasing profitability, higher fully-franked dividends, and a strong capital position.

He added:

That positive momentum has continued into FY27 given the July gross sales and revenue results disclosed a few weeks ago. The Board wants to build on that performance by retaining and appropriately incentivising the executive directors who helped deliver it, and position the Company to deliver on the exciting growth opportunities ahead and increase shareholder value.

Kogan is currently valued at $322.3 million.

The post Which ASX CEO stands to make $50 million over the next 5 years, or nothing? appeared first on The Motley Fool Australia.

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

Austal Ltd (ASX: ASB) shares are pushing higher again on Monday as another potential buyer takes a look at the shipbuilder’s US business.

At the time of writing, the Austal share price is up 4.62% to $4.53.

The stock has now gained around 18% over the past month and more than 10% in a week. But despite the recent rebound, Austal shares are still down around 32% this year and 45% over the past 12 months.

Another buyer has entered the picture

According to the release, Austal has held an “initial, preliminary discussion” with US-based Wildcat Infrastructure following media reports about a possible proposal.

Austal stressed that it has not received a formal offer from Wildcat at this stage.

The interest comes while South Korea’s Hanwha is already trying to buy Austal’s US operations. Hanwha owns 19.9% of Austal and has made a conditional, non-binding proposal valuing the US business at between US$1.05 billion and US$1.2 billion.

Austal has given Hanwha access to conduct due diligence, although The Australian reports the proposed deal is facing some uncertainty.

The report said Austal’s weaker US result could affect Hanwha’s interest or the price it is willing to pay, while political tensions between the United States and South Korea could also make a deal more difficult.

A closer look at the business

Austal’s FY26 result was mixed, with a big difference between its US and Australasian operations.

Group revenue rose 11% to $2.03 billion, but the company posted a $53.6 million net loss. The US division recorded an EBIT loss of $202.8 million, mainly due to provisions linked to loss-making contracts.

The Australasian business was much stronger. Revenue jumped 49% to $650.7 million, while EBIT climbed 137% to a record $85.3 million.

There is also plenty of work already lined up, with more than $5 billion of Australasian contracts under the Strategic Shipbuilding Agreement.

The Australian reported that Hanwha’s proposal effectively values the whole company at around $2.74 billion, or $6.50 per share.

That’s about 43% above where the shares trade today.

What happens next?

There is no guarantee Wildcat will make a formal offer, so it is still too early to call this a bidding war.

But having another interested buyer could give Austal more options as it weighs up the future of its US business.

The timing is also very interesting given the recent share price recovery. Austal shares have climbed around 18% over the past month, although they are still trading well below their highs from earlier this year.

The post Austal shares jump again as takeover interest heats up 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.