When this happens, it means the rights to the dividend are locked in and new buyers won't be eligible to receive this payout when it is made.

This means that even if you bought shares today, the rights would stay with the seller and they would receive the dividend on pay day.

So, if you are a shareholder of any of the seven ASX 200 shares named below, you can look forward to a pay check coming your way in the not-so-distant future.

Here's what you need to know:

APA Group (ASX: APA)

This energy infrastructure company's shares are going ex-dividend this morning for its 30.5 cents per share final dividend. Eligible shareholders can look forward to receiving this dividend on 16 September. Based on its last close price, this single payout equates to a 2.8% dividend yield.

Centuria Industrial REIT (ASX: CIP)

Industrial property company Centuria Industrial REIT recently declared a 4.2 cents per share quarterly dividend. It will be paying this to its shareholders on 14 August.

Charter Hall Group (ASX: CHC)

Property giant Charter Hall's shares will be going ex-dividend today for its partially franked 25.8 cents per share dividend. Shareholders can expect to receive this payout at the very end of August.

Dexus (ASX: DXS)

Property developer Dexus recently declared a 17.7 cents per share dividend. This will be paid to eligible shareholders in around two months on 28 August.

Goodman Group (ASX: GMG)

Another ASX 200 share going ex-dividend today is industrial property giant Goodman. It recently declared a 15 cents per share final dividend. This will be paid to eligible shareholders on 26 August. Goodman has now paid out 15 cents per share in dividends every half since 2019.

Mirvac Group (ASX: MGR)

Another property developer that is going ex-dividend this morning is Mirvac. It recently declared a 4.8 cents per share quarterly dividend. Shareholders can look forward to receiving this on 31 August.

Transurban Group (ASX: TCL)

Finally, this toll road giant will be rewarding its shareholders with a 35 cents per share final dividend. They can expect to receive their pay check on 18 August. Based on where this ASX 200 share ended last week, this dividend represents a 2.3% dividend yield.

The post 7 ASX 200 shares going ex-dividend today appeared first on The Motley Fool Australia.

Will the market be able to build on this on Monday? Here are five things to watch:

ASX 200 expected to rise again

The Australian share market looks set for a positive start to the week despite weakness on Wall Street on Friday. According to the latest SPI futures, the ASX 200 is expected to open the day 16 points or 0.2% higher. In the United States, the Dow Jones was down 0.1%, the S&P 500 edged lower, and the Nasdaq fell 0.25%.

Oil prices fall

ASX 200 energy shares such as Santos Ltd (ASX: STO) and Woodside Energy Group Ltd (ASX: WDS) could have a poor start to the week after oil prices tumbled on Friday night. According to Bloomberg, the WTI crude oil price was down 3.75% to US$69.23 a barrel and the Brent crude oil price was down 4.3% to US$71.99 a barrel. However, reports of an escalation in US-Iran tensions could give oil a boost on Monday.

Buy Neuren shares

The team at Bell Potter thinks investors should be buying Neuren Pharmaceuticals Ltd (ASX: NEU) shares. This morning, the broker has retained its buy rating on the pharmaceuticals company's shares with an improved price target of $23.50. The broker said: "At the latest closing price, we therefore see effectively zero implied value for NEU's second asset, which in itself would be a multi-billion-dollar value asset should it succeed in the Phase 3 trial. The Phase 3 remains in the early stages of recruitment, with results not expected until the end of CY27 at the very earliest (pending recruitment pace). We maintain our BUY recommendation and increase PT to $23.50."

Gold price rises

ASX 200 gold shares including Newmont Corporation (ASX: NEM) and Northern Star Resources Ltd (ASX: NST) could have a good start to the week after the gold price rose on Friday night. According to CNBC, the gold futures price was up 1.2% to US$4,096.3 an ounce. This gain was driven by a weaker US dollar but couldn't stop gold from recording its fourth weekly loss in a row.

Shares going ex-dividend

A large group of shares are due to go ex-dividend on Monday and could trade lower. This includes APA Group (ASX: APA), Centuria Industrial REIT (ASX: CIP), Charter Hall Group (ASX: CHC), Dexus (ASX: DXS), Goodman Group (ASX: GMG), Mirvac Group (ASX: MGR), and Transurban Group (ASX: TCL). The latter will be rewarding its shareholders with a 35 cents per share final dividend on 18 August.

The post 5 things to watch on the ASX 200 on Monday appeared first on The Motley Fool Australia.

Labor and the Greens have reportedly struck a deal to pass the capital gains tax (CGT) and negative gearing changes announced in the Federal budget, while including a new measure to end SMSF borrowing to buy properties.

With that change in mind, I think there are still plenty of compelling investment opportunities, particularly on the ASX share market.

Commercial properties AKA real estate investment trusts (REITs)

SMSF investors could decide to invest in commercial properties instead, which may provide a higher yield than residential properties.

I like investing in real estate investment trusts (REITs) because they're easy to transact on the ASX. We can buy into a portfolio of properties in a single investment, and the properties are managed for us by property fund managers.

There are various REITs to choose from, including ones based on industrial properties, farmland and so on.

Three of my favourites in the sector include Rural Funds Group (ASX: RFF), which owns farmland, Centuria Industrial REIT (ASX: CIP), which owns industrial property, and Charter Hall Long WALE REIT (ASX: CLW), which owns a diversified portfolio of properties with long leases.

There are other REIT sectors, like shopping centres and office buildings, though they face headwinds, so I'd be very selective about those two areas and only buy REITs at an attractive discount to their net asset value (NAV).

ASX dividend shares with fully franked dividends

An even more attractive area to invest could be companies that pay attractive, fully franked dividends. Franking credits are refundable tax offsets, which are great for Australian SMSF investors.

ASX blue-chip shares could be some of the most reliable businesses to own. I'm thinking of names like Telstra Group Ltd (ASX: TLS), Bunnings and Kmart owner Wesfarmers Ltd (ASX: WES) and Coles Group Ltd (ASX: COL). They each have a solid dividend yield and a track record of increasing their dividends annually over the last few years.

There are a few other S&P/ASX 200 Index (ASX: XJO) shares that have a strong track record of reliability, including Washington H. Soul Pattinson and Co. Ltd (ASX: SOL) and APA Group (ASX: APA). Lovisa Holdings Ltd (ASX: LOV) and JB Hi-Fi Ltd (ASX: JBH) also have an impressive track record of growing dividends over the long-term.

Finally, I'm a big fan of listed investment companies (LICs), which allow investors to diversify and gain exposure to quality assets while also receiving attractive dividend yields and growing payouts.

Some of my favourite LICs for passive income are MFF Capital Investments Ltd (ASX: MFF), WCM Global Growth Ltd (ASX: WQG), L1 Long Short Fund Ltd (ASX: LSF), Future Generation Global Ltd (ASX: FGG), Future Generation Australia Ltd (ASX: FGX), Hearts and Minds Investments Ltd (ASX: HM1) and WAM Microcap Ltd (ASX: WMI).

The post Where should I invest inside SMSFs instead of property? appeared first on The Motley Fool Australia.

I think that's true because superannuation has a lower tax rate compared to many individuals, trusts and companies. With the set-and-forget nature of superannuation, it makes it very easy to invest for the long-term with the retirement system.

Receiving passive income is a very simple and laid-back strategy when it comes to investing in shares. However, when considering the passive income return, we need to remember that the focus should be on the net income, meaning the after-tax return. Full-time working Aussies that invest for passive income in their own name could lose a third of those payments to tax each year, which isn't ideal.

In my view, investing in superannuation is more appealing because of its lower tax rate in the accumulation phase compared to the typical individual's tax rate for a full-time earner. It's possible that the tax rate could be 0% in retirement.

It should be said that every household's tax situation is different, so let's look at the targeted income level of $11,000 per month, without talking about tax for the rest of this article.

How much is needed in superannuation for $11,000 of monthly passive income?

Receiving $11,000 in dividends each month equates to an annual goal of $132,000 per year. I bet lots of Australians would like to receive that amount of dividends each year without needing to do ongoing work to get the money flowing into the bank account.

I'd suggest Australian investors need to consider what types of investments they want to own and the yield that comes with it. In my view, ASX shares are the best pick for passive income, partially due to the likely franking credits that come attached to dividends from companies.

A portfolio with a dividend yield of 6% could be half the size of a portfolio with a dividend yield of 3% and generate the same level of dividend income.

For example, if a portfolio were approximately $2.2 million in size, it would generate approximately $132,000 of annual dividends with a 6% dividend yield. If a portfolio had a 3% dividend yield, it would need to be around $4.4 million in size to generate the same amount.

Of course, other dividend yields would require different-sized portfolios to achieve targeted levels of passive income. For example, a 5% dividend yield would require a portfolio size of $2.6 million to reach $132,000 annually.

The types of ASX dividend shares I'd want to buy

If an Australian superannuation investor wants to unlock mid-to-higher dividend yields, then they're in luck. The ASX share market gives access to great companies with franking credits, real estate investment trusts (REITs) with compelling payouts and attractive valuations, as well as listed investment companies (LICs) with a pleasing track record of rising dividends.

Two of the businesses with a great track record of growing their payouts include investment house Washington H. Soul Pattinson and Co. Ltd (ASX: SOL) and Kmart and Bunnings owner Wesfarmers Ltd (ASX: WES). I believe these two businesses will be able to compound their payouts.

I'm attracted to some mid-yielding names like Rural Funds Group (ASX: RFF), Centuria Industrial REIT (ASX: CIP), Australian Foundation Investment Co Ltd (ASX: AFI), Telstra Group Ltd (ASX: TLS) and WCM Quality Global Growth Fund (ASX: WCMQ).

Finally, for a higher dividend yield, I'd look at names like MFF Capital Investments Ltd (ASX: MFF), WCM Global Ltd (ASX: WQG), Future Generation Global Ltd (ASX: FGG) and Future Generation Australia Ltd (ASX: FGX).

The post How much is needed in superannuation to target an $11,000 monthly passive income? appeared first on The Motley Fool Australia.

Superannuation has a lower tax rate compared to many individuals, trusts and companies. Pleasingly, it's easy to invest for the long-term through the superannuation structure.

Receiving passive income is a very pleasing element of investing in shares. When thinking about the benefits of passive income, we need to remember that with investment income, we need to focus on the net income, meaning the after-tax figure. Full-time working Aussies that invest for passive income in their own name could lose a third of those payments to tax each year, which isn't ideal.

So, in my view, superannuation is more appealing because of its lower tax rate in the accumulation phase compared to the typical individual's tax rate for a full-time earner. In retirement, the tax rate could be 0%.

Of course, every household's tax situation is different, so let's look at the desired income level, without mentioning tax for the rest of the article.

How much is needed in superannuation for $8,000 of monthly passive income?

Receiving $8,000 in dividends each month equates to an annual goal of $96,000 per year. I'm sure lots of Australians would love to receive that amount of dividends each year without needing to do ongoing work for it.

Aussie investors need to think about what kind of investments they want to own and the yield that's attached. I believe that ASX shares are the best choice for passive income, partly because of the likely franking credits that are attached to dividends from companies.

A portfolio with a dividend yield of 7% could be half the size of a portfolio with a dividend yield of 3.5% and generate the same level of dividend income.

For example, if a portfolio were approximately $1.37 million in size, it would generate approximately $96,000 of annual dividends with a 7% dividend yield. If a portfolio had a 3.5% dividend yield, it would need to be close to $2.74 million in size to generate the same amount.

Of course, other dividend yields would require different-sized portfolios.

A 5% dividend yield would require a portfolio size of $1.92 million.  

The types of ASX dividend shares I'd want to buy

If an Australian superannuation investor wants to unlock mid-to-higher dividend yields, I'd consider excellent companies with franking credits, attractively priced real estate investment trusts (REITs) with resilient payouts, as well as listed investment companies (LICs) with a good history of growing dividends.

Some of the excellent lower-yielding companies I'd consider are Washington H. Soul Pattinson and Co. Ltd (ASX: SOL), Wesfarmers Ltd (ASX: WES) and Lovisa Holdings Ltd (ASX: LOV). I'm expecting excellent compounding payout growth from these names.

A few of the mid-range yielding ASX dividend stocks I'd look at are WCM Quality Global Growth Fund (ASX: WCMQ), Centuria Industrial REIT (ASX: CIP), Dexus Industria REIT (ASX: DXI) and Telstra Group Ltd (ASX: TLS).

I think some of the most attractive names with a higher yield include MFF Capital Investments Ltd (ASX: MFF), WCM Global Growth Ltd (ASX: WQG), Future Generation Global Ltd (ASX: FGG) and Hearts and Minds Investments Ltd (ASX: HM1).

The post How much is needed in superannuation to target an $8,000 monthly passive income? appeared first on The Motley Fool Australia.

What did Centuria Industrial REIT report?

• Presented a detailed data centre strategy targeting real estate returns with no direct operating risk.
• Highlighted current operational assets, including Telstra-leased data centre in Clayton (VIC), Thomastown (VIC), Toowoomba (QLD), and Malaga (WA).
• Outlined multiple future data centre developments backed by significant urban infill landholdings.
• Confirmed strong long-term leases with major tenants such as Telstra, Fujitsu, and Centuria DC.
• Emphasised a focus on securing power allocations and planning approvals for data centre conversions.

What else do investors need to know?

Centuria Industrial REIT (CIP) continues to grow its position as Australia's largest domestic pure play industrial REIT, with data centre real estate now a critical part of its growth plan. The company is leveraging its large portfolio of urban land parcels to unlock value through conversion and development of data centre properties, taking advantage of strong demand, particularly for facilities suited to AI and hyperscale computing.

New power studies and planning applications have been advanced at key sites, such as Clayton and Thomastown, both targeting ready-for-service dates from 2029. CIP is also exploring various funding options, including possible joint ventures, land sales, and capital partnerships—demonstrating flexibility in realising future value.

What's next for Centuria Industrial REIT?

Looking ahead, CIP is focused on progressing data centre development across its portfolio, particularly by unlocking additional power capacity and securing planning approvals. Recent acquisitions and site expansions, like Toowoomba's facility and the future conversion options at Clayton and Thomastown, position Centuria to meet the rising demand from hyperscale and AI workloads.

Management has reiterated openness to partnering with other capital providers and data centre operators, and flagged the potential for further value creation from possible asset demergers or joint ventures.

Centuria Industrial REIT share price snapshot

Over the past 12 months, the Centuria Industrial REIT shares have declined 4%, trailing the S&P/ASX 200 Index (ASX: XJO) which has risen 4% over the same period.

View Original Announcement

The post Centuria Industrial REIT unveils data centre strategy appeared first on The Motley Fool Australia.

What did Centuria Capital Group report?

• Assets under management (AUM) reached $21.8 billion as at 31 December 2025
• Over 150 unlisted funds and loan SPVs under management, with 15,500 unlisted investors
• Expanded vertically integrated operations with more than 500 staff
• Launched Australia's first sovereign AI Factory (AI-F1) in partnership with ResetData
• Centuria Industrial REIT (ASX: CIP) data centre pipeline targeting over 200MW of capacity by 2030
• Market cap stands at $1.8 billion, with recent NPAT of $113 million and a 4.9% dividend yield

What else do investors need to know?

Centuria is deepening its footprint in the digital infrastructure space, establishing a fully integrated platform that spans real estate, development, and operations. Its partnership with ResetData makes it one of only three NVIDIA Cloud Partners in Australia, strengthening its competitive edge in the rapidly growing AI compute sector.

The company highlighted its strategy to deliver scalable AI factories and data centre capacity through both existing assets and new developments. Centuria's vertically integrated approach allows the group to pivot quickly and meet demand from enterprise and government clients, while drawing on a strong network of institutional and banking partners.

What's next for Centuria Capital Group?

Centuria aims to ramp up deployment of AI-enabled data centre capacity nationwide, targeting more than 200MW across its property pipeline by 2030. The group is pursuing further customer partnerships and exploring options like equity partnerships, partial sell-downs, and potential IPOs for its digital platforms.

Management is confident that strong customer interest, combined with power and infrastructure availability, positions Centuria well to capture ongoing growth in sovereign and enterprise AI demand.

Centuria Capital Group share price snapshot

Over the past 12 months, the Centuria Capital Group shares have risen 27%, outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen 4% over the same period.

View Original Announcement

The post Centuria Capital Group unveils AI-powered growth at Investor Day appeared first on The Motley Fool Australia.

But which ones are buys?

Here are three ASX dividend shares that brokers are recommending to their clients.

ANZ Group Holdings Ltd (ASX: ANZ)

The first ASX dividend share to look at is ANZ.

The banking giant gives investors exposure to home loans, business banking, institutional banking, and customer deposits across Australia and New Zealand.

Banks are not without risks. Credit growth can slow, bad debts can rise, and margins can come under pressure when competition is intense.

But ANZ remains a major player in the Australian financial system and continues to generate large profits and dividends.

Citi is positive on the bank and currently has a buy rating and $39.25 price target on its shares. Based on the current share price of $34.51, that implies potential upside of almost 14%.

The broker expects dividends per share of 166 cents in FY 2026 and 175 cents in FY 2027. This equates to dividend yields of 4.8% and 5.1%, respectively.

Centuria Industrial REIT (ASX: CIP)

Another ASX dividend share that brokers think could be a top pick for income investors is Centuria Industrial REIT.

This property trust owns industrial assets across Australia. These properties can include warehouses, logistics facilities, and other industrial sites that support supply chains, storage, and distribution.

Industrial property has become an important part of the real estate market as businesses look for efficient logistics networks and well-located facilities.

Like all property trusts, Centuria Industrial is exposed to interest rates, borrowing costs, and asset valuations. But its focus on industrial property gives it exposure to a sector with solid long-term demand drivers.

Bell Potter is bullish and has a buy rating and $3.60 price target on its shares. Based on the current share price of $3.05, this suggests potential upside of approximately 18%.

As for income, the broker expects dividends per share of 16.8 cents in FY 2026 and 17.3 cents in FY 2027. This represents yields of 5.5% and 5.7%, respectively.

Harvey Norman Holdings Ltd (ASX: HVN)

A third ASX dividend share brokers are tipping as a buy is Harvey Norman.

The retailer is best known for furniture, electronics, appliances, bedding, and home-related products. It also has a substantial property portfolio, which adds another element to the investment case.

Retail conditions can be uneven when households are under pressure. But Harvey Norman has been through many consumer cycles before and remains one of Australia's most recognisable retail brands.

Bell Potter currently has a buy rating and $6.70 price target on the shares. Based on the current Harvey Norman share price of $4.82, this implies potential upside of approximately 39%.

The broker is forecasting fully franked dividends of 29.8 cents per share in FY 2026 and 33.5 cents per share in FY 2027. This equates to dividend yields of 6.2% and 7%, respectively.

The post 3 excellent ASX dividend shares for income investors to buy now appeared first on The Motley Fool Australia.

Changes to negative gearing may make residential less appealing to investors wanting to offset wages and other income.

Of course, we shouldn't forget that grandfathering arrangements remain in place for residential property that was already owned, buying new builds can still allow rental losses to offset wages and other income, and rental losses on newly-bought existing properties can offset future profits from that property.

But, the capital gains tax changes may make residential property less appealing to investors.

Having said all of that, I can understand why some investors are now not as enthusiastic about residential property as before. But, I don't believe Australians should ignore property entirely.

There's one area of the property market I'm very optimistic about for the long-term: real estate investment trusts (REITs).

Why REITs are my go-to for property investing

Commercial properties are a huge class of assets that allow investors to buy real estate across industrial warehouses, shopping centres, office buildings, storage units, farmland, childcare centres, medical buildings, hotels and pubs, service stations and so on.

A typical REIT generates compelling rental profits each year, allowing it to pay a sizeable distribution to investors. It's the opposite of negative gearing – we can receive pleasing payouts while (hopefully) watching the real estate go up in value over time.

For me, it's most appealing to look at areas of the market that are seeing positive, sustainable rental growth because that's what will fund higher distributions and increase the value of the properties.

It could also be a good time to look at the sector because higher interest rates are a temporary headwind, but falling interest rates could turn into a tailwind.

My picks in the sector

I particularly like the REITs Centuria Industrial REIT (ASX: CIP) and Dexus Industria REIT (ASX: DXI). They are experiencing strong rental growth thanks to demand areas such as e-commerce, the onshoring of logistics/supply chains, and data centres.

Rural Funds Group (ASX: RFF) is another favourite of mine because of the exposure to farmland, its contracted rental income, the long-term contracts with tenants, its ability to invest in farms to improve the productivity for tenants, and the reliability of its payouts.

Each of the above property options has distribution yields of more than 5%, which I'd describe as very compelling, in my opinion.

I also really like Charter Hall Long WALE REIT (ASX: CLW) because it has a diversified portfolio across a number of subsectors – I think it's an effective way to invest across the Australian commercial property world. It has clients signed on for the long-term and expects to pay an annual distribution yield of 6.8%.

But REITs are just one area of the ASX of course, there are plenty of other ASX shares that could deliver even stronger returns.

The post After the Federal Budget, this is the type of property investment I'd buy in 2026 appeared first on The Motley Fool Australia.

Recent tax changes announced by the Australian government appear to have made residential property less attractive. Commercial property still looks like a great buy to me and they're usually positively geared.

It looks like a great time to invest in this real estate investment trust (REIT) for a few key reasons.

Strong rental outlook

Over the long term, I believe rising earnings (supported by income growth) will drive share prices higher.

Not many REITs have a strong rental outlook, but I believe this ASX 200 share (one of the country's leading industrial property owners) does.

In the FY26 half-year result, the business reported that its portfolio was on average 20% under-rented, providing future earnings growth potential. That's because the market rent of its properties has increased significantly since the previous rental contract was first signed.

In the FY26 third-quarter update, the REIT reported that re-leasing spreads averaged 36%, reflecting the "significant under-renting that exists within CIP's portfolio and the ongoing comparatively strong market conditions that are prevalent across Australian industrial markets." In other words, the new rental contracts are generating 36% more income than the old ones – that's a huge increase!

The HY26 result also saw the business report an overall 5.1% increase in like-for-like (LFL) net operating income (NOI). I expect the ASX 200 share can continue to benefit from strong demand for facilities focused on e-commerce (distribution and logistics), data centres and refrigerated space (for food and medicine).

The manager of the REIT, Grant Nichols, said in February:

CIP maintains significant earnings upside due to its strong, anticipated medium-term income growth resulting from material under-renting across the portfolio, expected improved portfolio occupancy, prudent completed capital management and the expected market rental growth stemming from Australia's favourable industrial market conditions. Improving tenant demand and constrained supply is expected to drive the national vacancy to less than 2.0% by 2030, providing a pathway to continued strong market rental growth.

Compelling valuation

Despite this strong outlook for the business, it's trading at a sizeable discount to its net asset value (NAV).

I love investing in assets for less than they're worth and this REIT is definitely trading at a cheap price.

It reported in the HY26 result that the net tangible assets (NTA) came to $3.95, so it's trading at a discount of 25% at the time of writing.

There is a large discount despite the REIT's track record of selling assets at a significant premium to the book value. Since FY23, it has sold almost $460 million of assets at an average premium to book value of 12%. This gives me confidence the NTA could actually be conservative, or at the very least fair.

As a bonus, it offers a distribution yield of 5.7%, at the time of writing.

The post If I could buy just 1 ASX stock in June, it'd be this cheap ASX 200 share appeared first on The Motley Fool Australia.

Passive income received in superannuation in the retirement portion of life could be tax-free. Isn't that appealing?

Readers may be wondering how much an investor would need to receive a large amount of dividends each year. Let's take a look at the required amount for that goal.

$9,000 of passive income each month from superannuation

Getting $9,000 per month would be $108,000 each year. That'd be a very satisfactory amount for most Australians and could fund a comfortable lifestyle.

How large the nest egg needs to be to receive $108,000 per year essentially boils down to what the portfolio yield is.

For example, if someone's portfolio had an average dividend yield of 5%, they'd need a $2.16 million portfolio.

But, if the average dividend yield was 7.5%, an investor would need a $1.44 million portfolio.

If the average dividend yield were 3%, then an investor would require a portfolio size of $3.6 million.

There are plenty of options when it comes to aiming for these sorts of yields. I'll point to a few ASX shares below. I have invested in a number of the names below to create a diversified, strong portfolio with a good yield and still have compelling growth prospects.  

Which ASX dividend shares I'd buy

There isn't one right answer when it comes to investing for passive income in superannuation.

But it's true that a business with a lower dividend yield may be investing more of its earnings back into itself to drive more growth for shareholders.

Some of the impressive businesses with a lower dividend yield include Lovisa Holdings Ltd (ASX: LOV), Washington H. Soul Pattinson and Co. Ltd (ASX: SOL) and Wesfarmers Ltd (ASX: WES). I expect pleasing compounding of the dividend payout over the next three to five years.

Some of the compelling ASX dividend shares with a dividend yield of around 5% are names like exchange-traded fund (ETF) WCM Quality Global Growth Fund (ASX: WCMQ), listed investment company (LIC) Long Short Fund Ltd (ASX: LSF) and industrial real estate investment trust (REIT) Centuria Industrial REIT (ASX: CIP).

Turning to the higher-yield options I'd consider, names that spring to mind include WCM Global Growth Ltd (ASX: WQG), Future Generation Australia Ltd (ASX: FGX), Future Generation Global Ltd (ASX: FGG) and WAM Microcap Ltd (ASX: WMI).

The post How much is needed in superannuation to target a $9,000 monthly passive income? appeared first on The Motley Fool Australia.

The business describes itself as Australia's largest domestic pure play industrial real estate investment trust (REIT).

It says it has a portfolio of high-quality industrial assets which are located in key metropolitan locations throughout Australia. It aims to offer investors a mixture of passive income and capital growth.

Higher interest rates are certainly a headwind for the business, but I think rates will only be this high for a certain period of time, so it looks like the right time to scan for opportunities in the REIT space. Centuria Industrial REIT looks like one of the best options to me.

Solid dividend yield

The business expects to pay a pleasing distribution for FY26 and I expect the FY27 payout will be a similar amount.

It expects to pay an annual distribution of 16.8 cents per unit in FY26, which would mean a 3% rise year-over-year. This guided payout translates into a distribution yield of 5.6%.

But, the current distribution yield is not the key reason why I think it's a wonderful time to invest right now.

Cheap valuation

I love buying assets for less than they're worth. Every six months, this ASX dividend stock tells investors about the underlying value of its business with the net tangible assets (NTA) – that takes into account the property values, the loans and other assets and liabilities.

At 31 December 2025, the business reported a NTA of $3.95. It's trading at a 24% discount to that latest NTA update, so it looks very cheap.

It also noted in its FY26 third-quarter update, it enacted $188 million of divestments, achieving an average premium to book value of 18%. Since FY23, it has sold close to $460 million of assets at an average premium to book value of 12%.

So, not only is it trading at a large discount to the NTA, but that NTA may be understated as well.

Excellent rental tailwinds

I think the business has a very promising earnings growth future, which is absolutely key in my opinion.

Industrial properties are in high demand and there's limited space to put more in across key metropolitan locations. This is helping drive the rental value of the existing real estate significantly.

Centuria Industrial REIT benefits from significant demand from areas like e-commerce and data centres. Plus, it's seeing a big jump in rental income as contracts come up for renewal.

The fund manager of the REIT, Grant Nichols, explains the positive dynamic for the business:

Looking ahead, we foresee the domestic infill industrial market's supply-demand imbalance to persist with limited construction of new warehouses coupled with consistently high occupier demand as tenants look to strengthen their delivery times and reduce transport costs. Current macroeconomic uncertainty, resultant of the Middle East conflicts and global oil constraints, is impacting inflation and construction price pressures. These factors are expected to curtail future industrial market supply. The value of high-quality, existing infill industrial assets is expected to increase as the disconnect to replacement cost continues to escalate.

Overall, the ASX dividend stock looks undervalued with an appealing future of earnings growth, which should help drive the rental income higher.

The post 1 ASX dividend stock down 28% I'd buy right now appeared first on The Motley Fool Australia.

But, I don't view volatility as a problematic risk, it's just something to watch with curiosity. We don't have to act when the market is going through extraordinary gyrations.

I think there are a few factors that investors should keep in mind with ASX shares, or any type of shares, particularly in this period of uncertainty with higher inflation, interest rate uncertainty, conflict, energy costs and so on.

Unknown events regularly happen

The Iran war took the global investment community by surprise, leading to a sizeable market drop.

The US tariffs last year were a big surprise, leading to a big drop.

Inflation in 2022 and 2023 was surprising for the market, significantly hitting share prices.

COVID-19 led to a major decline of the ASX share market, with a huge fall of valuations during 2020.

Each of those events were a one-off. But, something happens so regularly that I've just become accustomed to the volatility and I view those times as buying opportunities because of my confidence that normality will resume sooner or later.  

It's not just my positive mindset that gives me confidence to invest and hold during uncertain periods. History has shown how the world typically bounces back. Additionally, many leaders and institutions are trying to help the country navigate negative periods, as we saw during COVID-19 (and the GFC).

There are always opportunities

Sometimes the market is priced very negatively and other times very highly – occasionally hitting a new all-time high – and it can feel hard to invest at those times.

During market highs, not everything is trading at an all-time high, there are usually pleasing opportunities hidden underneath the surface, even if the blue-chips are trading attractively.

Smaller names and certain sectors can be mis-priced by the market if investors aren't taking into account where an investment could be in three years from now.

For example, right now, I think several real estate investment trusts (REITs) like Rural Funds Group (ASX: RFF) and Centuria Industrial REIT (ASX: CIP) are attractively priced because of fears about higher interest rates.

Also, certain ASX tech shares look significantly oversold because of AI worries, such as Siteminder Ltd (ASX: SDR), Pro Medicus Ltd (ASX: PME) and TechnologyOne Ltd (ASX: TNE).

When markets fall, I get particularly excited when the market suffers a widespread sell-off because there are opportunities galore.

Long-term investing filters out the noise

One of the main reasons why I'm not at all bothered by significant volatility is because I'm investing for many years to come.

If we're investing with 2030 or 2040 in mind, does it really matter what happens in 2026 or 2027? I don't think it should.

I try to only invest in ASX shares that I'm holding for the long-term and that I'd be excited to buy more of if the share price fell. That way, market declines seem like significant opportunities rather than something to worry about.

If the market rises or falls from here, I won't let it affect my strategy – invest in good investments with compelling futures, at valuations that aren't too expensive.

The post How to invest in ASX shares during such an uncertain period appeared first on The Motley Fool Australia.

When interest rates rise, I think it makes a lot of sense to look at real estate investment trusts (REITs) – they generate resilient rental earnings, yet the market typically pushes down the unit price.

For me, there are two high-yield ASX dividends that look particularly attractive during this period. Let's get into it.

Centuria Industrial REIT (ASX: CIP)

This business owns industrial properties across Australia's major cities in important locations where demand is high but supply and vacancies are low.

The REIT's rental income is growing at a pleasing speed thanks to the level of demand coming from customers for distribution and logistics, data centre, food or medicine purposes.

Rental values for metropolitan industrial properties have risen significantly in the last few years, which is why the business believes its portfolio is, on average, 20% 'under-rented'. As leases come up for renewal, the high-yield ASX dividend stock is seeing a significant boost for that property's rental income.

In terms of the passive income, it expects to grow its FY26 annual distribution by 3% to 16.8 cents per security. That translates into a current distribution yield 5.7%.

On the valuation side of things, its latest net tangible assets (NTA) was stated as $3.95 at 31 December 2025, meaning it's trading at a discount of around 25% to this valuation. That's very appealing to me.

Rural Funds Group (ASX: RFF)

Rural Funds is the other high-yield ASX dividend stock I want to highlight. It's the owner of various farms across Australia, including cattle, almonds, macadamias, vineyards and cropping.

The business has high-quality tenants signed on for, on average, more than a decade. It has one of the longest weighted average lease expiry (WALE) figures in the Australian REIT sector.

Rural Funds has built its portfolio to own assets that can deliver solid income in the shorter-term and deliver capital growth over the longer-term.

Most of Rural Funds' contracts have rental indexation included, with either fixed annual increases or the increases are linked to inflation, plus market reviews.

Despite the headwinds of higher interest rates, Rural Funds has been steady with its annual distribution per unit of 11.73 cents in recent years. It wouldn't surprise me if it was exactly that payment in FY27 as well. Its current annual distribution translates into a yield of 5.9%.

In terms of how undervalued it is, the business reported an adjusted net asset value (NAV) of $3.10 as of 31 December 2025. That means it's currently trading at a discount of around 36%. That looks too cheap to ignore, in my opinion.

The post 2 excellent high-yield ASX dividend stocks I'd buy today appeared first on The Motley Fool Australia.

Passive income received in superannuation during the retirement phase has a good chance of being tax-free. How great is that?

So, the question is, how much would it take to receive a sizeable amount of dividends each year? Let's take a look.

$3,000 of passive income each month from superannuation

Receiving $3,000 equates to $36,000 per year. That's not a gigantic amount, but it could be enough to be an essential part of a retiree's finances.

How large the nest egg needs to be to receive $36,000 per year is largely related to what the portfolio yield is.

For example, if someone's portfolio had an average dividend yield of 3.6%, then they'd need a $1 million portfolio to receive $36,000.

But, if the portfolio average dividend yield was actually 7.2%, then an investor would only need a $500,000 portfolio.

If the portfolio had a 4.8% dividend yield then an invest would need a portfolio value of $750,000.

There are plenty of options when it comes to aiming for these sorts of yields, so I'll highlight a few names below. For my own portfolio, I have invested in a mix of names to create a strong dividend portfolio.

Which ASX dividend shares I'd buy

If an investor is targeting a relatively low (3.6%) passive income yield in superannuation, or outside of superannuation, then I'd consider names like investment conglomerate Washington H. Soul Pattinson and Co. Ltd (ASX: SOL), Kmart and Bunnings owner Wesfarmers Ltd (ASX: WES), global jewellery business Lovisa Holdings Ltd (ASX: LOV) and funeral provider Propel Funeral Partners Ltd (ASX: PFP).

Among the mid-range yield (around 5%) names, I appreciate listed investment company (LIC) L1 Long Short Fund Ltd (ASX: LSF), industrial property owner Centuria Industrial REIT (ASX: CIP), farmland landlord Rural Funds Group (ASX: RFF), telco Telstra Group Ltd (ASX: TLS) and quality global shares-focused exchange-traded fund (ETF) WCM Quality Global Growth Fund (ASX: WCMQ).

Some of the higher-yield (more than 7%) names that I like include LICs WCM Global Growth Ltd (ASX: WQG), MFF Capital Investments Ltd (ASX: MFF), WAM Microcap Ltd (ASX: WMI), and diversified property landlord Charter Hall Long WALE REIT (ASX: CLW).  

The post How much is needed in superannuation to target a $3,000 monthly passive income? appeared first on The Motley Fool Australia.

Superannuation has a low tax rate compared to individuals, trusts and companies. Plus, it's easy to invest for the long-term through the investment vehicle.

It's important to remember that the net income is an after-tax figure. An Australian working full-time could lose approximately a third of their passive income return to tax.

Therefore, investing in superannuation is a much more appealing prospect compared to other options. Superannuation has a lower tax rate in the accumulation phase than the standard individual tax rates for a full-time earner. In retirement, the tax rate could be 0%.

However, every Australian's tax position is different, so we're going to look at targeting a particular income level without mentioning tax any further.

How much is needed in superannuation for $7,500 of monthly passive income

Receiving $7,500 in dividends per month translates into $90,000 per year. I reckon many Australians would love to receive that level of dividends each year without having to do any ongoing work for it.

Australian investors need to decide what investments they want to own and the dividend yield that comes with that.

A portfolio with a dividend yield of 7% can be half the size of a portfolio with a dividend yield of 3.5% and earn the same level of passive income.

For example, if a portfolio were $1.3 million in size, it would generate $91,000 of annual passive income with a 7% dividend yield. If a portfolio had a dividend yield of 3.5%, the portfolio would need to be $2.6 million in size to generate the same level of cash payments.

To generate almost exactly $90,000 of annual passive income with a 7% dividend yield, an investor would need a portfolio size of $1.286 million.

A 5% dividend yield would require a portfolio size of $1.8 million to make $90,000 annually.

A 4% dividend yield would require a portfolio size of $2.25 million.

The types of ASX dividend shares I'd want to buy

If a superannuation investor is targeting mid-to-higher dividend yields, then I'd look at reliable and discounted real estate investment trusts (REITs), growing companies with a generous dividend payout ratio and listed investment companies (LICs) with a good track record of dividends.

Appealing businesses with a dividend yield of around 5% to 6%, in my view, include WCM Quality Global Growth Fund (ASX: WCMQ), Telstra Group Ltd (ASX: TLS), Rural Funds Group (ASX: RFF), Centuria Industrial REIT (ASX: CIP), Australian Foundation Investment Co Ltd (ASX: AFI) and Argo Investments Ltd (ASX: ARG).

Businesses with a higher dividend yield include Future Generation Global Ltd (ASX: FGG), Future Generation Australia Ltd (ASX: FGX), Hearts and Minds Investments Ltd (ASX: HM1), WCM Global Growth Ltd (ASX: WQG), WAM Leaders Ltd (ASX: WLE), WAM Microcap Ltd (ASX: WMI) and Charter Hall Long WALE REIT (ASX: CLW).

The post How much is needed in superannuation to target a $7,500 monthly passive income? appeared first on The Motley Fool Australia.

The business owns a portfolio of high-quality industrial assets that are located in key metropolitan locations throughout Australia, and is underpinned by a strong and diverse mix of tenants.

It aims to generate income and deliver long-term capital growth for investors. Let's take a look at how rewarding the passive income could be and why it's an undervalued buy.

Rewarding passive income

Typically, commercial property can provide a much stronger income yield than residential property.

Each year, the ASX stock gives distribution guidance for the financial year ahead thanks to the predictable income and expenses.

For FY26, the business is planning to pay an annual distribution per unit of 16.8 cents. That translates into a forward distribution yield of 5.6%, at the time of writing. Pleasingly, that expected FY26 distribution would represent year-over-year growth of 3%. Any growth from a real estate investment trust (REIT) is pleasing to me during this period of higher interest rates.

Its distribution payout ratio is also at a sustainable level where it's retaining some of its rental profit which can be used to improve the balance sheet in some way. If it achieves the bottom of its rental earnings (funds from operations (FFO)) guidance of 18.2 cents per unit, then the payout ratio would be 92% – noticeably less than 100%.

In the long-term, I expect the ASX stock's distribution to increase thanks to good demand for industrial property (such as e-commerce growth), rising rental income with new leases from its portfolio and potentially improvements in its gearing levels.

$250 per month of passive income

The payment frequency from this ASX stock is pleasing, with a distribution every three months. That's not monthly income, of course.

So, we need to think of the goal as an annual target and then divide it by 12.

To receive $250 per month, we're talking about $3,000 annually.

Using the passive income projection of 16.8 cents per unit, we'd need 17,858 Centuria Industrial REIT units for the income goal.

Very undervalued business

The Centuria Industrial REIT unit price looks significantly undervalued to me.

The ASX stock's net tangible assets (NTA) was $3.95 at 31 December 2025, a current valuation discount of around 25%.

During the three months to 31 March 2026, the business divested $188 million of properties at a premium to the balance sheet value of 17%, reducing gearing by approximately 3%.

Since FY23, the business has sold around $460 million of assets at an average premium to book value of 12%. So, the NTA could actually be less than its true underlying value.

Considering the sizeable passive distribution income yield, I think the discount is real and this could be a great time to invest for the long-term.

The post I'd buy 17,858 shares of this ASX stock to aim for $250 a month of passive income appeared first on The Motley Fool Australia.

There are a number of attractive ASX dividend shares that are driving their underlying values higher and delivering bigger payments to shareholders.

The two businesses below are trading at good prices and offer great dividend yields. I'd be very happy to invest $15,000 across these two names today.

Centuria Industrial REIT (ASX: CIP)

This business is a real estate investment trust (REIT) that owns a portfolio of commercial properties – there's no negative gearing involved in this real estate.

Its industrial properties are spread across Australia's cities, in areas where there is limited supply, significant demand and a very low vacancy rate. This combination is helping drive the underlying rental value of the properties, boosting their earnings power and the value of the real estate.

In the FY26 third-quarter update, the business reported that its FY26 year-to-date re-leasing spreads were 36% – that's a big jump of rental income on the new leases.

The business is expecting to grow its FY26 annual distribution per year by 3% to 16.8 cents per unit, which translates into a distribution yield of 5.75%. I think it's a solid starting yield for passive income in superannuation.

Grant Nichols, the fund manager of the REIT, said:

Looking ahead, we foresee the domestic infill industrial market's supply-demand imbalance to persist with limited construction of new warehouses coupled with consistently high occupier demand as tenants look to strengthen their delivery times and reduce transport costs. Current macroeconomic uncertainty, resultant of the Middle East conflicts and global oil constraints, is impacting inflation and construction price pressures. These factors are expected to curtail future industrial market supply. The value of high-quality, existing infill industrial assets is expected to increase as the disconnect to replacement cost continues to escalate.

This bodes well for long-term returns, in my view.

Future Generation Global Ltd (ASX: FGG)

The other ASX share I want to highlight is Future Generation Global, a listed investment company (LIC) that invests in global shares.

But, unlike many other LICs, this one doesn't charge any management fees or performance fees. Instead, it donates 1% of its net assets to youth mental health charities.

Additionally, it's not one fund manager that controls the portfolio. Instead, there are 16 different funds in the portfolio – there are more than 3,700 underlying shares, enabling Future Generation Global to give investors significant diversification.

On the dividend side of things, the business has increased its annual dividend per share each year since FY19. So, it has already given investors several years of regular dividend increases and I'm expecting more to come.

At the end of April 2026, it had a profit reserve of 71.5 cents per share and (excluding the special dividend) a grossed-up dividend yield of 7%, including franking credits.

I think it's a great option for passive income in superannuation with that large and growing dividend, plus the diversification.

The post How to invest $15,000 for passive income in superannuation? appeared first on The Motley Fool Australia.

Investing for passive income in superannuation makes a lot of sense because of the low tax rate.

It's important to remember that the net income we receive from our investments is what we receive after taxes. An Australian working full-time could end up losing a third of their passive income to tax.

Therefore, investing in superannuation is a much more appealing prospect. Super has a lower tax rate in the accumulation phase compared to normal individual tax rates for a full-time earner. In retirement, the tax rate could be 0%.

But every Australian's tax position is different, so I'm just going to talk about targeting a certain income level, without mentioning tax any further.

How much is needed in superannuation for $5,000 of monthly passive income?

Receiving $5,000 per month of dividends translates into $60,000 annually. I'm sure most Australians would love to receive that level of dividends each year without having to do any ongoing work for it.

A key question is deciding what sort of investments Australians want to own and the dividend yield that comes with them.

A portfolio with a dividend yield of 6% can be half the size of a portfolio with a dividend yield of 3%.

For example, if a portfolio is $1 million in size with a 6% dividend yield, it would create $60,000 of annual passive income. If a portfolio had a dividend yield of 3%, the portfolio would need to be $2 million in size.

If the portfolio had an average dividend yield of 4%, generating an average of $5,000 in monthly passive income would require a portfolio value of $1.5 million.

The final dividend yield we'll look at is 5%. It would take a portfolio value of $1.2 million to unlock $60,000 of annual dividends.

The sorts of ASX dividend shares I'd look at

There is a wide range of ASX dividend shares available for superannuation investments, some of which offer higher yields and others that have lower yields (but could deliver more growth).

Some of the lower-yielding names that I'd look at, which could provide solid dividend growth in the coming years, are: Wesfarmers Ltd (ASX: WES), Washington H. Soul Pattinson and Co. Ltd (ASX: SOL), and Lovisa Holdings Ltd (ASX: LOV).

A few mid-range yielding ideas that could provide solid total returns at current valuations include WCM Quality Global Growth Fund (ASX: WCMQ), Telstra Group Ltd (ASX: TLS), Australian Foundation Investment Co Ltd (ASX: AFI), and Centuria Industrial REIT (ASX: CIP).

A few of the higher-yielding names that I'm bullish about for the long-term include WCM Global Growth Ltd (ASX: WQG), Charter Hall Long WALE REIT (ASX: CLW), and Hearts and Minds Investments Ltd (ASX: HM1).

The post How much is needed in superannuation to target a $5,000 monthly passive income? appeared first on The Motley Fool Australia.

At the time of writing, the ASX stock is down slightly to $2.93, broadly in line with weakness across the ASX 200 index.

What did this ASX 200 stock announce?

Centuria Industrial REIT released its third quarter operating update this morning.

According to the release, the ASX 200 stock has exchanged contracts on four divestments totalling $188 million, at an average 17% premium to prior book value.

These sales include the 67-69 Mandoon Road asset in Girraween for $98 million, the completed 50-64 Mirage Road development in South Australia for $50 million, and two smaller properties in Edinburgh and Epping.

Once completed, the divestments are expected to reduce gearing by approximately 3%.

Development gains

A standout from the update was the sale of the 50-64 Mirage Road development in Direk, South Australia.

The project reached practical completion during the quarter and was sold to an owner-occupier for $50 million.

Management said this represented a 33% premium to total project costs and delivered an internal rate of return of approximately 25% for unitholders.

Centuria also noted progress across several other developments, including recently completed projects in Derrimut, Victoria and Direk, South Australia.

Leasing momentum

Leasing activity also remained positive during the quarter.

The ASX 200 stock agreed lease terms across approximately 14,400 square metres during the period.

For FY 2026 to date, re-leasing spreads averaged 36%, reflecting the under-rented nature of parts of the portfolio and continued demand for industrial property in infill locations.

Data centre opportunities

Centuria Industrial REIT also revealed that it has continued to progress potential data centre opportunities across its portfolio.

During the quarter, it settled the acquisition of a data centre in Wellcamp, Queensland, as well as a strategic asset in Yarraville, Victoria, located near major power infrastructure.

Management also pointed to a potential 40MW data centre opportunity adjacent to its existing Clayton Data Centre in Victoria.

The company said it remains open to potential capital partners, joint ventures, or a demerger of data centre assets to unlock value.

Guidance reaffirmed

The ASX 200 stock has reaffirmed its upgraded FY 2026 funds from operations guidance range of 18.2 cents per unit to 18.5 cents per unit.

It also maintained distribution guidance of 16.8 cents per unit for the year.

Speaking about its outlook, the company's fund manager, Grant Nichols, said:

Looking ahead, we foresee the domestic infill industrial market's supply-demand imbalance to persist with limited construction of new warehouses coupled with consistently high occupier demand as tenants look to strengthen their delivery times and reduce transport costs.

Current macroeconomic uncertainty, resultant of the Middle East conflicts and global oil constraints, is impacting inflation and construction price pressures. These factors are expected to curtail future industrial market supply. The value of high-quality, existing infill industrial assets is expected to increase as the disconnect to replacement cost continues to escalate.

The post What's going on with this ASX 200 stock today? appeared first on The Motley Fool Australia.