There are plenty of ASX dividend shares for passive income investors to choose from on the local market.
But with so many to choose from, it can be hard to decide which ones to buy.
To narrow things down, let's take a look at three ASX dividend shares that I think could be worth considering for an income-focused portfolio.
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Cedar Woods Properties Ltd (ASX: CWP)
Cedar Woods Properties could be a good option for passive income.
The property developer has projects across residential communities, apartments, townhouses, and commercial developments in several Australian states.
That gives the company exposure to long-term population growth and demand for housing.
Cedar Woods has also built a strong pipeline of projects, which can help support earnings over time as developments move through planning, construction, and settlement.
Property development can be cyclical, but the company has been operating for decades and has a history of returning cash to shareholders through dividends.
For income investors, that combination of development profits, land holdings, and a strong dividend track record could make Cedar Woods worth a closer look.
Harvey Norman Holdings Ltd (ASX: HVN)
Another ASX dividend share to consider is Harvey Norman.
The retailer has exposure to furniture, bedding, appliances, electronics, and other household goods through its stores in Australia and several overseas markets.
But Harvey Norman is more than just a retailer. It also owns a substantial property portfolio, which gives the business another source of value and income.
Consumer spending is under pressure as interest rates rise, so the near term could be tough. But Harvey Norman has a strong brand, a large store network, and exposure to categories that can benefit when housing activity and consumer confidence improve.
This could make it attractive for investors looking for income from both retail and property exposure.
Transurban Group (ASX: TCL)
A final ASX dividend share to look at is Transurban.
It owns and operates toll roads in Australia and North America, including major roads in Sydney, Melbourne, and Brisbane.
These are valuable infrastructure assets that can generate cash flow over long periods. This is especially the case given population growth, urban congestion, and the value motorists place on saving time.
Transurban isn't standing still. It has been investing in new infrastructure projects, which could provide another source of growth in future years.
Overall, for investors looking for passive income backed by large-scale infrastructure assets, Transurban could be a strong option to consider.
