Looking to bank an extra $5,000 of passive income in FY 2027 from Qantas Airways Ltd (ASX: QAN) shares?
With shares in the S&P/ASX 200 Index (ASX: XJO) airline having returned to earth following their record highs in August last year, now could be an opportune entry point to get a market beating yield from those Qantas dividends.
As you may recall, it was only back in April 2025 that Qantas' twice yearly dividend payouts resumed. The airline suspended its passive income payments in 2020 amid the travel crushing impacts of the global pandemic.
But with air travel having resumed, and profits rolling in, the Qantas dividend is back in play.
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Tapping into the ASX 200 airline for dividends
Over the past 12 months, Qantas has declared two fully franked dividends, both 19.8 cents per share.
Qantas paid the interim dividend on 15 April.
The final Qantas dividend will be paid out on 14 October.
That passive income payout is still up for grabs, by the way. Qantas shares trade ex-dividend on 15 September. So, you'll need to own stock in the Flying Kangaroo at market close on Monday, 14 September, to claim that payout.
This also means that the yield we're looking at here is partly a trailing yield and partly a pending yield.
Since we know how much the upcoming dividend is and the current Qantas share price, we can calculate the pending yield with certainty.
What we don't know is the amount of the upcoming interim dividend next year. So, we'll base that on this year's interim payout.
Trailing yields, are by their nature, backwards looking. Future Qantas dividend payouts could be higher or lower depending on a range of macroeconomic and company specific factors. For Qantas that includes things like upcoming travel demand, and the trajectory of jet fuel costs, which analysts can only do their best to guess at today.
With that said…
How many Qantas shares do I need to buy for $5,000 in passive income?
Over the past 12 months, Qantas has paid – or shortly will pay – 39.6 cents per share in fully franked dividends.
At the recent share price of $9.05, the ASX 200 airline trades on a fully franked dividend yield (partly trailing, partly pending) of 4.4%.
So, to earn $5,000 of passive income in the 2027 financial year, you'd need to invest $113,636 in the stock today.
Or 12,557 Qantas shares.
