The stock market is a great place to find high-yield ASX shares that can provide a large dividend yield.
Investments like cash, term deposits, bonds and residential property typically do not offer as large of a dividend yield as the ASX shares I'm highlight in this article.
While high yields can sometimes be riskier, I believe both of the below names can continue paying a large yield for the foreseeable future.
Image source: Getty Images
Bailador Technology Investments Ltd (ASX: BTI)
Bailador is an ASX-listed company that invests in early-stage technology businesses that have global addressable markets and strong unit economics. Bailador also prefers to invest in companies that can generate recurring revenue.
The business likes to look in certain areas of the tech space such as software as a service (SaaS) and other subscription-based internet businesses, online marketplaces, e-commerce, high value data, online education and tech-enabled services.
Its investments are growing in size at a strong speed. In the FY26 first-half result, it revealed its portfolio businesses grew revenue by 42% year-over-year, with 85% of portfolio revenue in high-quality recurring revenue.
If its revenue continues growing at that speed, I'd expect the businesses to be worth substantially more in three to five years. It's a good idea to think about investing for the long-term because sometimes there can be volatility along the way.
In terms of the dividend, the high-yield ASX share just declined an interim dividend of 3.9 cents per share. If it were to declare the same level of dividend in another six months, that would be an annualised grossed-up dividend yield of 9.3%, including franking credits.
At the time of writing, it's trading at a 37% discount to its January 2026 pre-tax net tangible assets (NTA).
Charter Hall Long WALE REIT (ASX: CLW)
Real estate investment trusts (REITs) can provide a great level of passive income investors because they usually have a stronger rental yield than residential properties.
Additionally, this business aims to pay out all of its rental profit each year as a distribution, maximising the yield investors can get.
State and federal tenants are the biggest contributor of rental income, meaning that investors have very stable rent. Other tenants include Endeavour Group Ltd (ASX: EDV), Telstra Group Ltd (ASX: TLS), BP, Coles Group Ltd (ASX: COL), Metcash Ltd (ASX: MTS) and Westpac Banking Corp (ASX: WBC).
Not only are these blue-chip tenants, but they're also signed on for long-term contracts. It had a weighted average lease expiry (WALE) of 9.2 years at 31 December 2025. Its portfolio occupancy is virtually at 100%, meaning it's getting almost as much rental income as it can.
It's expecting to pay a distribution of 25.5 cents per security in FY26, which would be a distribution yield of 6.8%, at the time of writing. That's a great starting yield and I'm expecting further long-term growth as the high yield ASX share's rental income organically grows with contracted increases.
