2 ASX dividend shares I'd buy today for passive income

These ASX dividend shares can deliver a strong passive income investors.

ASX dividend shares are a great way for investors to earn a passive income on the side.

The tricky part is that there are so many choices available, making it hard to pinpoint which could yield the best returns.

To help, here are two of my favorite ASX dividend shares that will pay you a passive income for years to come. And they each pay a yield of up to 6%.

Close-up of a business man's hand stacking gold coins into piles on a desktop.

Image source: Getty Images

APA Group (ASX: APA)

APA is an energy infrastructure giant that owns and operates an extensive portfolio of electricity, solar, and wind assets across Australia. 

The company is also the major owner and operator of Australia's gas distribution network, including pipelines, gas-fired power stations, and storage facilities, which transports more than half of Australia's natural gas. 

The ASX dividend company is highly regarded for its strong and consistent dividend payments  with revenue derived from long-term contracted infrastructure assets. APA Group has historically paid two partially franked or unfranked dividends a year, dating back to 2008. 

APA paid an interim dividend of 27.5 cents for the first half of FY26 and is guiding a full-year dividend of 58 cents per security. That translates to a forward dividend yield of around 5.9%, partially franked, at the time of writing.

Transurban Group (ASX: TCL)

Transurban has benefited from a flight to defensive stocks during sharemarket volatility this year. Its shares have been relatively stable throughout the highs and lows of a volatile start to 2026.

The ASX dividend shares are defensive because its services are essential. The company builds and operates major urban toll road networks, tunnels, and bridges and operates 22 assets across Australia, the US, and Canada.

Even in the event of a downturn, Australians still need to travel to work or transport goods and services. Transurban's toll roads typically have stable traffic volumes year-round, which means the business enjoys resilient cash flow regardless of economic conditions. 

Another bonus is that most of its toll roads are on an annual contract. This means Transurban can increase its toll prices each year in line with rising inflation.

Transurban has historically made two partially or unfranked dividend payments to shareholders every year, in June and December. It most recently paid an interim 34 cent per share dividend, unfranked, to shareholders in February and is due to pay another 35 cents per security later this month. That translates to a forward dividend yield of around 4.7%, partially franked, at the time of writing.

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 Transurban Group. The Motley Fool Australia has positions in and has recommended Apa Group and Transurban Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Dividend Investing

Woman looking at her computer and pondering something.
Dividend Investing

Insurance Australia Group vs Coles: Which ASX dividend comes out on top?

Should income investors pick Insurance Australia Group or Coles Group? Here’s how their dividends, franking, and value stack up.

Read more »

Two men in suits face off against each other in a boxing ring.
Test Only

Wesfarmers vs Woolworths: Which ASX dividend share looks better this month?

I compare Wesfarmers and Woolworths head-to-head to see which ASX dividend share is better value and income for investors right…

Read more »

A man points at a paper as he holds an alarm clock, indicating the ex-dividend date is approaching.
Dividend Investing

10 ASX shares with ex-dividend dates next week

Harvey Norman, MFF Capital Investments, WAM Capital, and other stocks go ex-div next week.

Read more »

Smiling woman listening to music and using her phone.
Dividend Investing

AGL Energy vs Wesfarmers: Which share delivers better passive income?

AGL Energy offers a bigger franked dividend yield than Wesfarmers—here's which ASX stock I'd pick for passive income.

Read more »

Hand of a woman carrying a bag of money, representing the concept of saving money or earning dividends.
Dividend Investing

2 ASX passive income share ideas I'd use to generate $300 a month in 2027

These businesses are providing incredible dividend income.

Read more »

Mining vehicle at a mine site.
Dividend Investing

If I invest $10,000 in Fortescue shares, how much passive income could I earn in FY27?

Do you hold Fortescue shares in your portfolio?

Read more »

Piles of increasing coins on Australian $100 notes.
Dividend Investing

ASX ETF dividends: Global X reveals next payments

Own A300, ZYAU, BANK, or OZXX ETFs? Here's your next dividend.

Read more »

Person handing out $100 notes, symbolising ex-dividend date.
Dividend Investing

2 great ASX dividend share buys for passive income in October

I think these investments look incredible options for dividends.

Read more »