Amid all of the volatility on the stock market, there are some great ASX dividend shares that are currently trading at excellent prices. If I were given a few thousand dollars today to invest for passive income, I know which ones I'd buy.
I'd want a good dividend yield, good growth potential and an attractive valuation.
The three stocks below really tick my boxes right now.
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Centuria Industrial REIT (ASX: CIP)
I think this business, a real estate investment trust (REIT), could be one of the best ideas in the sector for finding rental growth.
It's an industrial property pure play with a national portfolio of buildings in locations where demand is strong and vacancy is low.
The ASX dividend share is benefiting from increasing demand related to tailwinds like a growing population, increasing e-commerce adoption, more data centres and so on.
In the FY26 half-year result, the business reported that its like-for-like net operating income (NOI) growth was 5.1% and it's expecting to grow its FY26 annual distribution to 16.8 cents per unit. That translates into a forward distribution yield of 5.8%, at the time of writing.
It also reported that its HY26 net tangible assets (NTA) were $3.95 per unit at 31 December 2025, so it's trading at a 27% discount to this at the time of writing.
WCM Global Growth Ltd (ASX: WQG)
This is a listed investment company (LIC) which looks to give investors exposure to a global portfolio of businesses with expanding economic moats and a business culture that fosters the improvement of the economic moat.
Competitive advantages are an important part of a business staying ahead of peers that want to take their market share. If those advantages are getting stronger, that's a signal the business has more power to make bigger profits.
The impressive investment returns the ASX dividend share has generated have allowed it to steadily increase its dividend over the last several years. At the moment, it's hiking its quarterly dividend every quarter.
It's expecting to pay a quarterly dividend of 2.45 cents per share in a year from now in March 2027. That translates into an annualised grossed-up dividend yield of 8.2%, including franking credits, at the time of writing.
The business is trading at a discount to its latest weekly NTA before tax of $1.81 at 27 March 2026.
Pinnacle Investment Management Group Ltd (ASX: PNI)
This business is invested in a portfolio of high-quality fund managers (affiliates) and helps them grow their business.
Pinnacle can provide a wide array of behind-the-scenes services to its affiliates such as compliance, legal and client distribution. This allows the fund managers to focus on what their clients are really paying for – investment professionals delivering investment returns.
When the share markets fall it hurts the funds under management (FUM), which in turn hurts the ASX dividend share's earnings potential in the shorter-term, but I think this cyclical nature makes it a good opportunity to buy during bear markets.
Pinnacle's expanding portfolio of affiliates have a long-term track record of largely outperforming their benchmarks and attracting new client FUM, which is a powerful combination for growing FUM and earnings.
According to the projection on Commsec, Pinnacle could pay an annual dividend per share of 62 cents in FY26, which translates into a grossed-up dividend yield of more than 5.5%, including franking credits, at the time of writing.
