If you are looking for a source of passive income from the share market, then read on!
That's because I'm going to look at several buy-rated ASX dividend shares and see what an investment of $10,000 could generate in the next two years. Here's what to expect from them:
Image source: Getty Images
Amcor (ASX: AMC)
The team at Morgans thinks that Amcor could be an ASX dividend share to buy now for passive income.
The broker currently has a buy rating and $76.00 price target on its shares. Based on its current share price of $62.74, this implies potential upside of 21% for investors over the next 12 months.
As for income, Morgans is forecasting dividends per share of $4.01 in FY 2026 and then $4.09 in FY 2027. This represents dividend yields of 6.4% and 6.5%, respectively.
This means that a $10,000 investment would generate passive income of approximately $640 in 2026 and then $650 in 2027.
Harvey Norman Holdings Ltd (ASX: HVN)
Bell Potter thinks that retail giant Harvey Norman could be an ASX dividend share to buy.
It currently has a buy rating and $8.30 price target on its shares. Based on its current share price of $6.62, this implies potential upside of 25% for investors.
The broker is expecting Harvey Norman to pay fully franked dividends of 30.9 cents per share in FY 2026 and then 35.3 cents per share in FY 2027. This represents dividend yields of 4.65% and 5.3%, respectively.
If this proves accurate, then a $10,000 investment would yield passive income of approximately $465 and $530 over the next two years.
IPH Ltd (ASX: IPH)
A third ASX dividend share that analysts think would be a good option for income investors is IPH.
It is a global intellectual property services group that helps clients across the world protect their patents, trademarks, and intellectual property across multiple jurisdictions.
Morgans is positive on the company and has a buy rating and $6.05 price target on its shares. Based on its current share price of $3.75, this suggests that upside of 61% is possible between now and this time next year.
The broker is also expecting some big dividend yields. It is forecasting fully franked dividends of 37 cents per share in both FY 2026 and FY 2027. This would mean dividend yields of 9.9% for both years.
This means a $10,000 investment could generate a sizeable $990 of passive income in 2026 and 2027.
