3 must-own ASX blue-chip dividend stocks for Aussie investors

These ASX stocks have a strong track record of reliable growth.

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ASX dividend stocks are a popular choice for investors seeking long-term growth potential and steady income.

But when it comes to deciding exactly which ASX dividend stocks to go for, there are plenty of options. Almost too many. There are dividend stocks that pay dividends every single month, and others that pay quarterly or annually. Some are fully franked, and some aren't. There are high-yield stocks, and then there are your blue-chips.

Blue-chip stocks are generally large, well-established, and financially stable companies. They have a strong track record, have reliable earnings, and pay frequent dividends.

If you want a dividend stock that will steadily increase its dividend over time and have solid growth potential, blue-chip stocks are what you need to look at.

Here are three blue-chip dividend stocks that I think all Aussie investors should own in their portfolios. 

Male hands holding Australian dollar banknotes, symbolising dividends.

Image source: Getty Images

BHP Group (ASX: BHP)

Mining giant BHP is one of the largest and most established companies on the ASX, with a strong balance sheet and low debt, even during volatile markets.

In FY25, BHP's dividend payouts were lower than those received the previous year, reflecting shifts in commodity prices over the 12-month period. But it continues to be a heavyweight for passive income. 

The miner recently reported impressive half-year earnings. On the bottom line, the ASX 200 miner achieved a 22% increase in underlying profit to US$6.20 billion.

This saw management declare a fully-franked interim dividend of 73 US cents (AU$1.03) a share, up 30% in Aussie dollar terms and up 46% in US dollar terms.

Macquarie previously forecast that BHP will pay its shareholders US$1.09 per share in FY26, with a potential dividend yield of 5.7% including franking credits. 

Telstra Group Ltd (ASX: TLS)

Internet access and mobile phone connectivity are no longer a perk but a necessity for everyday life. That means Telstra shares tend to perform steadily, regardless of the stage of the economic cycle. 

The ASX dividend stock offers a reliable income stream to investors, too. In fact, one of the best things about Telstra is that its dividend payout ratio is close to 100% of its earnings. That unlocks a good dividend yield.

In its February half-year results, the company declared an interim dividend of 10.5 cents per share, up 10% from the prior period. The dividend was 90.5% franked, with 9.5 cents franked and 1 cent unfranked. On an annualised basis, that represents 21 cents per share for the full year. 

In FY25, Telstra shares paid a fully franked dividend of 19 cents per share.

Wesfarmers Ltd (ASX: WES)

Wesfarmers is another blue-chip company that offers a fantastic passive income. The business owns several leading retailers, including Bunnings, Kmart, Officeworks, and Priceline.

The business recently posted a strong FY26 half-year result, which included a fully-franked interim dividend of $1.02 per share. That's an increase of 7.4%.

Analyst forecasts suggest the retail giant could deliver an annual dividend per share of $2.16 in FY26, which would be a grossed-up dividend yield of 3.9%, including franking credits.

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

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