On The Bull this week, Remo Greco from Sanlam Private Wealth shares his insights on three ASX 200 shares for FY27.  

Let's take a look. 

Dexus Convenience Retail REIT (ASX: DXC) 

The Dexus Convenience Retail REIT fell 14.8% to finish at $2.59 per share on 30 June. 

Greco has a buy rating on this ASX real estate investment trust (REIT).

Greco said:

This real estate investment trust owns service stations and convenience retail assets, mostly on Australia's eastern seaboard.

The fund's portfolio was valued at about $760 million on December 31, 2025. The company was recently trading at a significant discount to net tangible assets (NTA) and was yielding about 8 per cent.

The trust has an attractive development pipeline, modest debt and recently increased its buy-back target. Importantly, the NTA is supported by recent asset sales of 1.5 per cent above valuation.

Recently announced capital gains tax changes make the company's assets appealing to self managed super funds looking for reliable income generating assets.

DXC is a solid defensive play in the current environment.

BHP Group Ltd (ASX: BHP)

The BHP share price soared 62% to finish FY26 at $59.40 last Tuesday. 

Greco has a hold rating on the ASX 200 mining share for FY27. 

He said: 

Several disappointing events have led us to downgrade BHP to a hold.

Cost over-runs at its Jansen stage 2 potash project in Canada lifts the investment cost by about $US2 billion to $US6.9 billion. Possible industrial action, although averted in June, may re-ignite at the company's iron ore operations in the Pilbara region of Western Australia.

Any industrial action may impact stock performance.

Longer term, we like BHP's exposure to copper – the key metal of the future.

As reported in our best-performing commodities of FY26 article, the copper price rose by 18% while iron ore increased 7% over the year. 

Resmed CDI (ASX: RMD)

The Resmed share price fell 26.6% to $28.88 on 30 June amid a broader healthcare sector rout in FY26. 

Greco has a sell rating on this ASX 200 healthcare share, and commented: 

The company makes medical devices to treat sleep apnoea. The company lifted revenue by 11 per cent in the third quarter of financial year 2026 when compared to the prior corresponding period.

In my view, GLP-1 weight loss drugs may reduce the incidence of sleep apnoea.

ResMed's share price has been volatile in the past 12 months as investors weighed up the company's outlook in light of popular GLP-1 drugs.

The shares have risen from $25.84 on June 3 to trade at $29.37 on July 2.

It may be prudent to sell some shares prior to RMD's full year result.

Resmed is due to release its 4Q FY26 results on 7 August. 

The post Buy, hold, sell: Dexus, Resmed, BHP shares appeared first on The Motley Fool Australia.

Here are three ASX shares that have been named as buys:

BHP Group Ltd (ASX: BHP)

Catapult Wealth thinks that investors should be considering this mining giant. It has named BHP shares as a buy this week.

The wealth management firm highlights strong copper prices, a robust balance sheet, and an attractive dividend yield as reasons to buy. It said:

The global miner holds dominant positions in iron ore and copper and is leveraged to increasing demand during the energy transition. A review of the Jansen stage 2 potash project in Canada resulted in a cost blowout of about $US2 billion to $US6.9 billion. Despite the Jansen impairment and the risk of industrial action at iron ore operations in the Pilbara region of Western Australia, near term earnings momentum remains strong.

Elevated copper prices and strong iron ore prices supported performance in full year 2026. The balance sheet remains robust with low net debt, while a recent dividend yield above 3 per cent adds income appeal. BHP offers cyclical upside and long term growth exposure to copper.

Dexus Convenience Retail REIT (ASX: DXC)

Another ASX share that is rated positively is Dexus Convenience Retail REIT.  It offers service station and convenience retail assets exposure.

Sanlam Private Wealth has named its shares as a buy, highlighting its cheap valuation and big dividend yield. It said:

This real estate investment trust owns service stations and convenience retail assets, mostly on Australia's eastern seaboard. The fund's portfolio was valued at about $760 million on December 31, 2025. The company was recently trading at a significant discount to net tangible assets (NTA) and was yielding about 8 per cent. The trust has an attractive development pipeline, modest debt and recently increased its buy-back target.

Importantly, the NTA is supported by recent asset sales of 1.5 per cent above valuation. Recently announced capital gains tax changes make the company's assets appealing to self-managed super funds looking for reliable income generating assets. DXC is a solid defensive play in the current environment.

ResMed Inc. (ASX: RMD)

The team at Catapult Wealth is also bullish on this sleep disorder treatment company. This week, it has named ResMed shares as a buy.

The wealth management firm likes the company due to its defensive qualities and positive growth outlook. It said:

ResMed is a global leader in sleep apnoea devices and digital health platforms, benefiting from strong structural demand and resilient clinical positioning. Despite the progression in GLP-1 therapies for treating sleep apnoea, ResMed's CPAP (continuous positive airway pressure) treatments remain superior at this point in time. RMD continues to offer appealing growth, income and defensive healthcare exposure.

The post Why BHP and these ASX shares could be strong buys this week appeared first on The Motley Fool Australia.

That's because Bell Potter has just picked out one ASX stock that it believes offers both.

Which ASX stock?

The stock that Bell Potter is positive on is Dexus Convenience Retail REIT (ASX: DXC).

It owns a portfolio of 91 service stations and convenience retail assets positioned alongside major roads on the Eastern Australian seaboard.

Bell Potter highlights that the Dexus Convenience Retail REIT is differentiated by the high-quality and long-term tenants that it leases these assets to, including Chevron, 7-Eleven, United, Mobil, and Ampol (ASX: ALD).

Commenting on the company, Bell Potter points out that buybacks are currently more attractive than developments. It explains:

Buyback currently more attractive than developments – With a 7.9% earnings yield and c. 6.3% marginal cost of debt, the buyback generates a +1.6% positive spread per dollar deployed. Glass House Mountains Stage 2 offers a 5-6% yield on cost – a negative spread to funding costs, albeit with +1% NTA uplift. We estimate +0.4% FFO/share accretion in FY27 on completion of the remaining buyback, representing upside risk to our forecasts.

The broker has also been looking at electric vehicle adoption and the impact this may have on its service station tenants. It adds:

Tenants resilient in face of EV headwinds. While EVs reached 20% share of new vehicle sales in May 2026, fuel volumes and margins remain above pre-COVID levels. Non-fuel gross profit per site continues to grow, with Viva Energy (21% of DXC income) reporting +1.4% gross margin improvement to 38.8% in Q1 CY26.

Big total returns

According to the note, Bell Potter has retained its buy rating on the ASX stock with a trimmed price target of $3.15 (from $3.25).

Based on its current share price of $2.67, this implies potential upside of 18%.

In addition, Bell Potter is forecasting dividend yields of 7.9% in FY 2026, 7.7% in FY 2027, and then 8.2% in FY 2028.

Speaking about its investment thesis, the broker said:

We maintain our Buy rating on DXC and lower our target price to $3.15. The buyback and developments offer attractive long-term returns, despite the short-term headwinds from rising bond yields. With our revised forecasts DXC is yielding 7.9% vs. 6.4% passive REIT average which we think offers compelling risk adjusted value, and at an implied 8.21% cap rate, despite recent asset sales supporting book value.

The post Buy this ASX income stock for 18% upside and 8% dividend yield appeared first on The Motley Fool Australia.

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

ASX 200 to fall

The Australian share market looks set for a subdued day on Wednesday following a mixed night on Wall Street. According to the latest SPI futures, the ASX 200 is expected to open the day 20 points or 0.25% lower. In the United States, the Dow Jones rose 0.65%, but the S&P 500 fell 0.55% and the Nasdaq dropped 1.15%.

Oil prices continue to tumble

ASX 200 energy shares including Beach Energy Ltd (ASX: BPT) and Santos Ltd (ASX: STO) could have a poor session after oil prices tumbled overnight. According to Bloomberg, the WTI crude oil price is down 5.1% to US$76.66 a barrel and the Brent crude oil price is down 4.45% to US$79.47 a barrel. This follows reports that the US will allow Iran to sell oil immediately.

Buy Dexus Convenience shares

Bell Potter is bullish on Dexus Convenience Retail REIT (ASX: DXC) shares. This morning, the broker has named the REIT as a buy with a trimmed price target of $3.15 (from $3.25). It said: "We maintain our Buy rating on DXC and lower our target price to $3.15. The buyback and developments offer attractive long-term returns, despite the short-term headwinds from rising bond yields. With our revised forecasts DXC is yielding 7.9% vs. 6.4% passive REIT average which we think offers compelling risk adjusted value, and at an implied 8.21% cap rate, despite recent asset sales supporting book value."

Gold price edges higher

ASX 200 gold shares Newmont Corporation (ASX: NEM) and Northern Star Resources Ltd (ASX: NST) will be on watch on Wednesday after the gold price edged higher overnight. According to CNBC, the gold futures price is up 0.1% to US$4,353.3 an ounce. Easing interest rate hike bets have given the precious metal a boost.

SpaceX now bigger than Amazon

Space Exploration Technologies Corp (NASDAQ: SPCX) shares continued their post-IPO rise overnight on Wall Street. This has taken the space and AI company's shares to a market capitalisation of US$2.66 trillion, which takes it ahead of Amazon (NASDAQ: AMZN) and within sight of Microsoft (NASDAQ: MSFT).

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

The Dexus Convenience Retail share price is up 3.09% to $2.67 at the time of writing.

It is a welcome bounce for shareholders after a difficult stretch. The stock is still down around 5% in 2026 and 11% over the past year.

The update comes at a time when investors are watching property stocks closely, with interest rates and softer valuations still weighing on the sector.

Let's take a closer look at what was announced.

Assets sold above book value

According to the release, Dexus Convenience Retail has exchanged contracts to sell 3 properties for a combined $8 million.

The assets are located in Western Australia and Queensland, with the sales struck at an average 1.4% premium to their 31 December 2025 book values.

Settlement of 1 Flinders Street in Montague and 74 Connor Street in Zillmere, both in Queensland, is expected in mid-August 2026.

The sales are not huge in the context of the fund's broader portfolio, but the pricing is the key point.

Dexus Convenience Retail owns service station and convenience retail properties across Australia. Its portfolio had 91 properties, a $760 million valuation, 99.9% occupancy, and a 7.6-year weighted average lease expiry at 31 December 2025.

Why investors are buying today

Fund manager Pat De Maria said the divestments show continued demand for convenience retail assets with defensive income.

He also said the fund remains disciplined in selling smaller assets and sites with older tank technology.

The plan is to improve portfolio quality, with proceeds to be redeployed into the on-market security buy-back.

The buy-back also gives investors a clearer use for the sale proceeds. After a weak year for the share price, buying back securities may be seen as a better use of capital than sitting on cash.

The fund's distribution yield is sitting near 7.9%. In addition, this could be drawing interest from income-focused investors, especially while the share price remains well below where it traded a year ago.

Foolish takeaway

Investors are getting a clearer look at how Dexus Convenience Retail is trying to manage a softer market.

Selling assets above book value, recycling capital, and supporting the buy-back is a better mix than the market has seen from many other property stocks.

The sale also points to buyer demand for well-located convenience retail assets, even with interest rates still putting pressure on property valuations.

Furthermore, investors have had more policy noise to deal with, including possible changes to CGT and negative gearing.

The post Why this ASX REIT is climbing despite a rough year appeared first on The Motley Fool Australia.

In order to receive a dividend, you must own the ASX share before its ex-dividend date.

Here at The Fool, our analysts do not recommend buying ASX shares simply just to get the next dividend payment.

Our market experts say the decision to buy should be more thoughtful than that, and based on fundamental analysis.

But if you already intend to buy any of these ASX shares, you might like to consider the best timing for you.

For example, you could buy before the ex-dividend date and receive entitlement to the next dividend payment.

Or you might prefer to wait until the ex-dividend date itself, when the share price usually falls, to snap up your stock.

Here are some ex-dividend dates next week

The post 20 ASX shares with ex-dividend dates next week appeared first on The Motley Fool Australia.

Four ASX shares that have managed to avoid the selloff are listed below. Here's why they are rising:

Amplitude Energy Ltd (ASX: AEL)

The Amplitude Energy share price is up 1.5% to $2.66. This morning, this natural gas company released an update on drilling operations at the Isabella prospect in the offshore Otway Basin in Victoria. Preliminary data collected implies high deliverability and low CO2 levels in the Isabella reservoir. It said: "The gas water contact is currently interpreted as being below the Waarre C reservoir intersection, with technical results to date indicating potential for a larger gas accumulation than that implied by the Waarre C reservoir intersection alone, which supports the Joint Venture progressing to a flow test to confirm minimum gas volume and reservoir pressure."

Cogstate Ltd (ASX: CGS)

The Cogstate share price is up almost 2.5% to $2.16. This may have been driven by a broker note out of Bell Potter. It has named the healthcare technology company specialising in digital cognitive assessments as one of its best buys for March. It said: "The stock is trading at ~11x forward EV/EBITDA which looks very undemanding relative to local small cap healthcare peers (>30x avg) and large global peers (~13x avg with lower growth). The company has an impressive NAPT margin of 19% in FY25 and is well poised for leverage off the back of its second-best ever half of new sales in 1H26 which grew revenue backlog up to US$92m."

Dexus Convenience Retail REIT (ASX: DXC)

The Dexus Convenience Retail REIT share price is up 1% to $2.79. This morning, the REIT revealed that it intends to undertake an on-market buy-back with an initial target of 2.5% of securities on issue. DXC Fund Manager, Pat De Maria, said: "Around current trading levels, we believe that an on-market securities buy-back represents a compelling return on capital and further enhances value for existing securityholders."

Santos Ltd (ASX: STO)

The Santos share price is up 3% to $7.68. Investors have been buying Santos and other ASX energy shares on Monday after oil prices raced beyond US$100 per barrel. According to CNBC, the WTI crude oil is currently up 20% to US$109.12. This has been driven by news that major Middle Eastern oil producers, including Kuwait, Iran, and the United Arab Emirates, have cut oil production following the closure of the Strait of Hormuz.

The post Why Amplitude Energy, Cogstate, Dexus Convenience Retail, and Santos shares are charging higher appeared first on The Motley Fool Australia.

But income investors don't need to settle for that. Not when there are high-yield options out there.

For example, three shares that brokers are bullish on and expect to provide above-average yields in the near term are listed below. Here's what they are recommending:

Charter Hall Retail REIT (ASX: CQR)

The first ASX dividend share that could be a buy in March is the Charter Hall Retail REIT.

It owns a diversified portfolio of convenience-based retail centres anchored by supermarkets, service stations, and essential services. These tend to be highly defensive, as shoppers continue to spend on groceries and everyday necessities regardless of economic conditions.

Together with long lease terms and high-quality tenants, Charter Hall Retail has good visibility over rental income. This is supportive of consistent distributions to unitholders.

The team at Citi is positive on the company and is expecting some big dividend yields in the near term.

The broker has pencilled in dividends per share of 25.5 cents in FY 2026 and then 26 cents in FY 2027. Based on its current share price of $3.99, this would mean dividend yields of 6.4% and 6.5%, respectively.

Citi has a buy rating and $4.50 price target on its shares.

Dexus Convenience Retail REIT (ASX: DXC)

Another ASX dividend share that could be a buy this month according to analysts is Dexus Convenience Retail REIT.

It owns a nationwide portfolio of service stations and convenience retail sites that are leased to high-quality tenants under long-term, inflation-linked agreements. These leases provide predictable cash flows, which is exactly what income-focused investors typically look for.

Bell Potter is bullish on the REIT. It has a buy rating and $3.25 price target on its shares.

As for income, it expects dividends of 20.9 cents per share in FY 2026 and 21.6 cents per share in FY 2027. Based on its current share price of $2.74, that equates to dividend yields of 7.6% and 7.9%, respectively.

Harvey Norman Holdings Ltd (ASX: HVN)

A third ASX dividend share to buy in March could be Harvey Norman.

In addition to its core electronics and furniture operations, this retail giant owns a substantial property portfolio. This adds another layer of income stability and has supported generous dividend payments over time.

Macquarie remains positive on the retailer. It believes the company is positioned to pay fully franked dividends per share of 27.8 cents in FY 2026 and 31.2 cents in FY 2027. Based on its current share price of $5.51, this represents dividend yields of 5% and 5.65%, respectively.

The broker has a buy rating and $6.60 price target on its shares.

The post These ASX dividend shares offer 5% to 7% yields appeared first on The Motley Fool Australia.

Both companies released HY26 results over the last week. 

What did the companies report?

Dexus Convenience Retail REIT wholly owns a portfolio of service station and convenience retail assets.

It released its earnings results for the six months to 31 December 2025 this week. 

The company confirmed an interim distribution of 10.45 cents per security and confirmed its previously provided FY26 guidance.

Highlights included a high occupancy of 99.9% maintained, and a portfolio valuation uplift of $19.8 million, supporting a 4.4% increase in Net Tangible Assets (NTA) per security to $3.80. 

Meanwhile, oil and natural gas producer Beach Energy released FY26 half year earnings results last week. 

The company reported 1H FY26 underlying EBITDA of $558m and underlying NPAT of $219m. 

Both of these came in ahead of expectations.

An interim fully franked dividend of 1cps was also declared. 

What is Morgans' take on these ASX shares?

The team at Morgans said Dexus Convenience REIT delivered a solid 1H26 operating result. 

It noted that the company has agreed to acquire two fund-through developments (~$35m combined), consistent with its ongoing portfolio repositioning toward metro and highway locations. 

Portfolio fundamentals remain sound, supported by long-dated leases, high occupancy and a tenant base weighted toward national operators, while gearing sits at the lower end of the target range, providing balance sheet capacity to fund the development pipeline.

The broker sees this ASX REIT as trading at a 26% discount to NAV.

It has placed an accumulate rating on these ASX shares along with a $2.90 target price.

Dexus Convenience REIT closed trading yesterday at $2.83. 

For Beach Energy shares, Morgans said the noisy 1H26 result was hard to analyse. 

Pushing its accounting treatments harder than its operations leaves us concerned around BPT's forward FCF profile. Gradually declining reserves could suppress BPT's valuation until it makes an acquisition, a difficult position to be in.

Based on this guidance, Morgans has downgraded its rating to trim (from hold), with an updated $1.09 target price.

Beach Energy shares closed yesterday at $1.13 each. 

Foolish takeaway 

Based on the guidance out of Morgans yesterday, it seems both of these ASX shares are close to fairly valued. 

However elsewhere, Bell Potter is more optimistic on Dexus Convenience REIT shares. 

The broker has a $3.25 price target along with a buy recommendation.

This indicates an upside of almost 15%. 

The post What's Morgans' view on these ASX shares following earnings results? appeared first on The Motley Fool Australia.

Arena REIT (ASX: ARF) shares are up 0.86% to $3.53, Dexus Industria REIT (ASX: DXI) is 0.40% higher at $2.54, while Dexus Convenience Retail REIT (ASX: DXC) is flat at $2.82.

Arena REIT and Dexus Industria REIT reported today, while Dexus Convenience Retail REIT released its numbers on Monday.

Here is what investors are digesting.

Arena REIT stands out with earnings and distribution growth

Arena REIT reported a strong result for the six months to 31 December 2025, underpinned by contracted rental growth and development completions.

Net operating profit increased 9% to $39 million, while operating earnings rose to 9.70 cents per security, up 5.4% on the prior corresponding period. Statutory net profit came in at $110 million, reflecting valuation gains across the portfolio.

Arena declared an interim distribution of 9.625 cents per security, up 5.5% year on year, and reaffirmed full-year distribution guidance of 19.25 cents per security.

Portfolio fundamentals remain a key strength. Occupancy was 100%, with a weighted average lease expiry of 17.9 years. The trust recorded a portfolio valuation uplift of $61.2 million, taking total assets to $1.98 billion and net asset value per security to $3.64.

Dexus Industria REIT holds up as costs rise

Dexus Industria REIT delivered a resilient half-year result despite higher interest costs weighing on earnings.

Funds from operations declined slightly to $28.2 million, or 8.9 cents per security. Statutory net profit after tax (NPAT) fell to $43.4 million, reflecting lower valuation gains compared with the prior half.

The trust declared an interim distribution of 8.3 cents per security and reaffirmed full-year guidance of 16.6 cents per security. FY26 funds from operations guidance was slightly upgraded to between 17.3 and 17.4 cents per security.

Portfolio metrics remained solid, with occupancy at 99.7% and a weighted average lease expiry of 5.3 years. Net tangible assets increased 5.1% to $3.39 per security, supported by a $14.8 million uplift in portfolio valuations.

Dexus Convenience Retail REIT focuses on steady income

Dexus Convenience Retail REIT reported a steady result for the half-year to 31 December 2025, reflecting the defensive nature of its convenience-based retail portfolio.

Funds from operations came in at $14.5 million, or 10.5 cents per security, supported by like for like income growth of 2.9% and average rent reviews of 3.1%. The trust declared an interim distribution of 10.45 cents per security.

Statutory net profit after tax (NPAT) rose to $35.8 million, up from $14.7 million in the prior corresponding period, driven by a $19.8 million valuation uplift. Net tangible assets increased 4.4% to $3.80 per security.

Portfolio occupancy remained high at 99.9%, with gearing of 29.8% at the lower end of the target range.

Foolish Takeaway

All 3 REITs delivered solid results that met expectations, but none provided a strong reason to be re-rated.

Arena continues to offer visible earnings and distribution growth, while Dexus Industria and Dexus Convenience Retail remain focused on stability.

The post Income investors are watching these 3 ASX REIT results. Here's the details appeared first on The Motley Fool Australia.

Three ASX shares that have fared well and are being recommended by the broker to its clients are named below.

Here's why the broker is bullish on these names:

Dexus Convenience Retail REIT (ASX: DXC)

Bell Potter believes that Dexus Convenience Retail REIT offers a compelling mix of defensive income and valuation support.

The broker highlights DXC's high-quality portfolio of service stations and convenience retail assets, leased to long-term, non-discretionary tenants. This includes tenants such as 7-Eleven, Ampol (ASX: ALD), and Chevron. This provides stable cash flows and resilience through the cycle.

Importantly, Bell Potter sees scope for valuation upside as capitalisation rates stabilise. It said:

Petrol stations are typically a low volatility asset class given long term leases with strong covenants, however higher debt base rates are likely to see cap rate expansion ahead. Asset valuations however at a 6.3% portfolio cap rate do not look demanding to us vs. industry transactions and peer REITs.

Bell Potter has a buy rating and price target of $3.25 on Dexus Convenience Retail REIT's shares. Based on its current share price of $2.82, this implies upside of more than 15%. That's before factoring in a forecast dividend yield of around 7.5%.

Orica Ltd (ASX: ORI)

Orica is an ASX share to buy this week according to Bell Potter.

The broker points to strong structural tailwinds driven by increased production of iron ore, copper, and gold, which should underpin long-term demand for blasting services. It notes that Orica's scale, global footprint, and pricing discipline position it well to benefit from this trend. The broker said:

We expect EBIT growth momentum to be sustained in the short-to-medium term underpinned by cyclical tailwinds in mining and exploration markets. EBIT growth is expected to be supported by further premium product uptake, robust facility performance across AN and sodium cyanide supply networks and commercial discipline.

Bell Potter has put a buy rating and $28.50 price target on Orica shares. Based on its current share price of $25.38, this implies potential upside of 12% for investors.

Sonic Healthcare Ltd (ASX: SHL)

Finally, Bell Potter believes Sonic Healthcare offers an appealing combination of income and share price upside.

The broker expects Sonic to return to double-digit earnings growth in FY 2026, driven largely by acquisitions, particularly in pathology, and steady demand across its diagnostics businesses. While cost control and execution remain key risks, Bell Potter believes much of this is already reflected in the share price. It said:

While SHL has outperformed the XHJ, it has materially underperformed the broader market, reflecting concerns with growth and cost control. If the new CEO can impress investors with financial performance and strategy, we believe upside remains in SHL.

Bell Potter has a buy rating and $28.50 price target on Sonic Healthcare's shares. Based on its current share price of $21.82, this suggests that upside of 30% is possible. In addition, the broker is forecasting a dividend yield of approximately 5% in FY 2026.

The post Broker names 3 ASX shares to buy this week appeared first on The Motley Fool Australia.

The report said office and retail REITs currently offer compelling value. 

REIT markets have been under pressure since COVID. However conditions are improving as supply pipelines thin, vacancies stabilise and demand normalises. 

With supportive economic conditions, potentially easing long-term yields and valuations still at discounts, the medium-term outlook for REITs is positive, albeit requiring selective positioning.

One such REIT that could be set to grow this year is Dexus Convenience Retail REIT (ASX: DXC).

It is an externally-managed REIT with 91 wholly owned service stations and convenience retail assets. These are largely positioned alongside major roads on the Eastern Australian seaboard. 

Its share price is down roughly 3% over the last 12 months. 

A new report from Bell Potter has indicated it could be undervalued right now. 

Here is what the broker had to say. 

Stability and a strong yield

Bell Potter said the REIT's 1H26 result was broadly in line with expectations, delivering funds from operation(FFO) per share of 10.5c. 

Full-year FY26 guidance was reaffirmed at 20.9c FFO and 20.9c DPS.

Net tangible assets increased 4.4% over the half, along with solid rental growth. Portfolio fundamentals remained strong at 99.9% occupancy.

The broker also noted that Dexus Convenience Retail has identified two new undisclosed acquisitions for $35m combined spanning one metro and highway site. Settlement is likely to be towards the end of CY26. 

It also said the REIT is differentiated from competitors by the high-quality and long-term tenants that it leases these assets to including Chevron, 7-Eleven, United, Mobil and Ampol.

Buy recommendation in tact 

Based on this guidance from Bell Potter, it retained a buy recommendation on this ASX REIT. 

However the broker did reduce its price target to $3.25 (previously A$3.45). 

The broker still sees upside in tact for this company.

It reinforced that the company delivered a solid result with valuations up 4.4% half-on-half, supported by the commercial service station cycle and expansion into metro/highway assets and fund-through developments, which are improving portfolio quality. 

Rising debt costs make new acquisitions less attractive than six months ago, but the stock still trades at a 27% discount to Net Tangible Assets (NTA), indicating attractive relative value.

It closed trading yesterday at $2.80. 

Based on the price target of $3.25 from Bell Potter, the broker sees an upside of 16.07%. 

The post Broker tips 16% upside for this ASX REIT appeared first on The Motley Fool Australia.

Even with higher rates flowing through, many term deposits still struggle to compete with the dividend yields available on the share market. And unlike cash in the bank, dividend shares also offer the potential for capital growth over time.

With that in mind, here are three ASX dividend shares that analysts think could be worth considering instead of locking money away in a term deposit.

Cedar Woods Properties Ltd (ASX: CWP)

The first ASX dividend share to look at is Cedar Woods Properties.

It is one of Australia's leading residential property developers, with a portfolio diversified across geographies, price points, and product types. This diversification helps smooth earnings across the property cycle.

Bell Potter is positive on the company's outlook, highlighting that Cedar Woods is well positioned to benefit from Australia's chronic housing shortage. With demand for new housing continuing to outstrip supply, the broker believes this should support earnings and dividends in the coming years.

Bell Potter is forecasting dividends of 35 cents per share in FY 2026 and 39 cents per share in FY 2027. Based on its current share price of $7.58, this implies dividend yields of 4.6% and 5.1%, respectively.

The broker has a buy rating and $10.00 price target on its shares.

Dexus Convenience Retail REIT (ASX: DXC)

Another ASX dividend share that stands out for analysts is Dexus Convenience Retail.

This REIT owns a nationwide portfolio of service stations and convenience retail sites that are leased to high-quality tenants under long-term, inflation-linked agreements. These leases provide predictable cash flows, which is exactly what income-focused investors typically look for.

The underlying assets are generally considered resilient. Demand for fuel, convenience goods, and essential services tends to hold up through economic cycles, while annual rental increases help protect income over time.

Bell Potter is bullish on the REIT, with a buy rating and a $3.45 price target on its shares. It expects dividends of 20.9 cents per share in FY 2026 and 21.6 cents per share in FY 2027. Based on its current share price of $2.68, that equates to dividend yields of 7.8% and 8%, respectively.

Sonic Healthcare Ltd (ASX: SHL)

A final ASX dividend share to consider according to analysts is Sonic Healthcare.

It is a global medical diagnostics company, operating laboratories and collection centres across Australia, Europe, and the United States. Its services are tied to healthcare demand rather than economic cycles, which can provide a degree of earnings resilience.

Bell Potter believes Sonic Healthcare is approaching a return to more consistent growth and thinks investors should be taking a closer look at its shares. The broker has a buy rating and a $33.30 price target on them.

In terms of income, Bell Potter is forecasting partially franked dividends of 109 cents per share in FY 2026 and 111 cents per share in FY 2027. Based on the current share price of $22.57, this implies dividend yields of 4.8% and 4.9%, respectively.

The post Forget term deposits and buy these ASX dividend shares appeared first on The Motley Fool Australia.

Thanks to a mix of yield-focused shares, franked dividends, and favourable payout cultures, ASX investors have access to income opportunities that are hard to replicate offshore.

With that in mind, here are two ASX dividend stocks that brokers currently rate as buys, and which could offer eye-catching dividend yields and capital upside in 2026.

Dexus Convenience Retail REIT (ASX: DXC)

For investors seeking defensive, property-backed income, Dexus Convenience Retail REIT could be worth a closer look.

This real estate investment trust (REIT) owns a nationwide portfolio of service stations and convenience retail sites, leased to high-quality tenants under long-term, inflation-linked contracts. These types of assets are widely regarded as resilient, with demand for fuel and convenience retail proving relatively stable across economic cycles.

Importantly for income investors, the majority of its leases include annual rental increases, helping to support distribution growth and protect purchasing power over time.

Bell Potter is bullish on the REIT and currently has a buy rating with a $3.45 price target. Based on today's share price of $2.86, that implies potential upside of around 21%.

On the income front, the broker is forecasting dividends of 20.9 cents per share in FY 2026 and then 21.6 cents per share in FY 2027. This represents forecast dividend yields of approximately 7.3% in FY 2026 and 7.6% in FY 2027, which could make it an appealing option for investors seeking dependable cash flow in the current interest rate environment.

IPH Ltd (ASX: IPH)

Another ASX dividend stock that analysts continue to back is global intellectual property services firm IPH.

The company operates a portfolio of well-established IP businesses across Australia, New Zealand, Canada, and Asia, including AJ Park, Smart & Biggar, and Spruson & Ferguson.

This gives IPH exposure to a specialised professional services niche characterised by recurring demand, high client retention, and strong industry barriers to entry.

While IPH's share price performance has been disappointing over the past couple of years, the team at Morgans believes the market may be overlooking its income potential.

Morgans has described the stock's valuation as undemanding and currently rates it as a buy, with a $6.05 price target. Compared to today's share price of $3.55, that suggests potential upside of more than 70% if sentiment improves.

Even without a rerating, IPH's forecast dividends are hard to ignore. Morgans is expecting fully franked dividends of 37 cents per share in both FY 2026 and FY 2027. At its current share price, this equates to dividend yields of over 10% for each year.

The post 2 ASX dividend stocks tipped to deliver 7% to 10% yields in 2026 appeared first on The Motley Fool Australia.

REITs can have various property types in their portfolios, or they might specialise in just one type. 

For example, some focus on commercial real estate, such as offices, hospitals, shopping centres, warehouses, and hotels. 

Others specialise in residential property investment, such as aged care villages and apartment buildings.

Each week, broker Bell Potter provides analysis on the sector, including target prices and recommendations. 

Right now, it appears the broker sees upside after a down month. 

Here is how the broker is viewing the sector right now. 

Underperforming over the last month 

In this week's report, the broker noted that REITs performed well until a stronger-than-expected employment print (unemployment down to 4.3% vs. 4.5% prior and 4.4% consensus) drove the sector down against the broader S&P/ASX 200 Index (ASX: XJO).

Bell Potter said overall, the sector has underperformed over the last month but could be poised for a bounce back.

On this sentiment, we still think the sector is well positioned (return of earnings growth, strong balance sheets, increased cap trans activity and potential for debt-funded accretive acquisitions) and worth bearing in mind 3mth BBSW is only marginally above where it started FY26 (c.3.6%).

The broker highlighted that Infratil Ltd (ASX: IFT) delivered its 1H26 result, reaffirming full-year guidance, but lost ground given prior strong consensus views. 

Other companies that fell last week included:

• Goodman Group (ASX: GMG) down 3%
• HMC Capital (ASX: HMC) lost 4% 
• DigiCo Infrastructure REIT (ASX: DGT) fell 7%

Buy, hold, and sell from Bell Potter

The report from Bell Potter also included target prices and recommendations.

REITs with buy recommendations include:

• Centuria Capital Group (ASX: CNI)
• Goodman Group (ASX: GMG)
• Dexus Convenience Retail REIT (ASX: DXC)
• GDI Property Group (ASX: GDI)
• Healthco Healthcare And Wellness Reit (ASX: HCW)
• Dexus Industria REIT (ASX: DXI)

Of this group, the team at Bell Potter sees the biggest upside for Healthco Healthcare and Wellness Reit (ASX: HCW) and Goodman Group (ASX: GMG). 

The broker sees roughly 37% to 40% upside from current levels. 

The broker has hold recommendations on: 

• HMC Capital (ASX: HMC)
• DigiCo Infrastructure REIT (ASX: DGT)
• Homeco Daily Needs REIT (ASX: HDN)  

Bell Potter has a sell recommendation on Centuria Office REIT (ASX: COF). 

Looking ahead, the broker said feedback from corporates and leading CRE private credit providers points towards potential for margin compression across the sector. 

The post What is Bell Potter's view on REITs? appeared first on The Motley Fool Australia.

In fact, the Australian share market remains one of the most reliable hunting grounds for attractive yields.

If you're searching for strong dividend opportunities to help offset falling deposit rates, analysts have highlighted several ASX dividend stocks offering appealing income potential over the next couple of years.

Here are two names that brokers currently rate as buys, along with the dividend yields they are forecasting.

Dexus Convenience Retail REIT (ASX: DXC)

For investors seeking stable, property-backed income, the Dexus Convenience Retail REIT could be a standout option.

This REIT owns a nationwide portfolio of service stations and convenience retail sites, leased to high-quality tenants on long-term, inflation-linked agreements. These leases provide reliable, predictable cashflows, exactly what income investors typically look for.

The assets in the portfolio are generally considered resilient, with demand for fuel, convenience goods, and essential services remaining steady through economic cycles. Annual rental increases further support income growth and help safeguard distributions over time.

Bell Potter is bullish on the company and has a buy rating and $3.45 price target on its shares.

As for income, it expects dividends of 20.9 cents per share in FY 2026 and then 21.6 cents per share in FY 2027. Based on its current share price of $2.86, this would mean dividend yields of 7.3% and 7.6%, respectively.

IPH Ltd (ASX: IPH)

Global intellectual property specialist IPH is another ASX dividend stock that analysts rate as buys this month.

The company operates several well-known intellectual property services firms across Australia, New Zealand, Canada, and Asia, including AJ Park, Smart & Biggar, and Spruson & Ferguson. This positions IPH in a niche professional services market with steady demand and high client retention.

And while its performance has been underwhelming in the past couple of years, the team at Morgans remains positive. It has also described its valuation as "undemanding" and is forecasting some very big dividend yields in the near term.

The broker is expecting IPH to pay fully franked dividends of 37 cents per share in both FY 2026 and FY 2027. Based on its latest share price of $3.60, this equates to dividend yields over 10% for both years.

Morgans currently has a buy rating and $6.05 price target on its shares.

The post These ASX dividend stocks offer 7% to 10% yields appeared first on The Motley Fool Australia.

If you are, then read on! That's because named below are five ASX dividend shares that analysts think could be buys.

Here's what they are recommending to clients:

Dexus Convenience Retail REIT (ASX: DXC)

Dexus Convenience Retail REIT could be an ASX dividend share to buy. It owns a portfolio of Australian service stations and convenience retail assets that are leased to high-quality tenants on attractive, long-term leases.

Bell Potter expects dividends of 20.9 cents per share in FY 2026 and then 21.6 cents per share in FY 2027. Based on its current share price of $2.99, this implies dividend yields of 7% and 7.2%, respectively.

The broker has a buy rating and $3.45 price target on its shares.

HomeCo Daily Needs REIT (ASX: HDN)

HomeCo Daily Needs REIT could be another ASX dividend share to buy. It is a real estate investment trust that focuses on convenience-based retail centres. This includes supermarkets, pharmacies, medical clinics, and pet stores. These are assets with stable tenants and long leases.

UBS is positive on the company and expects dividends of 9 cents per share in both FY 2026 and FY 2027. Based on its current share price of $1.36, this would mean dividend yields of 6.6% for both years.

UBS has a buy rating and $1.53 price target on its shares.

National Storage REIT (ASX: NSR)

Citi thinks that National Storage could be an ASX dividend share to buy. It is the largest self-storage provider in Australia and New Zealand, with over 275 centres.

The broker is bullish on National Storage and is forecasting dividends of 11.9 cents per share in FY 2026 and then 12.6 cents per share in FY 2027.  Based on its current share price of $2.35, this equates to dividend yields of 5.1% and 5.35%, respectively, for income investors.

Citi has a buy rating and $2.80 price target on its shares.

Transurban Group (ASX: TCL)

Transurban could be a fourth ASX dividend share to buy in October. It is a toll road leader that operates 22 roads across Melbourne, Sydney and Brisbane, the Greater Washington area in the United States and Montreal in Canada.

The team at Citi is also bullish on this one. It expects these assets to underpin dividends per share of 69.9 cents in FY 2026 and then 74.1 cents in FY 2027. Based on its current share price of $13.80, this would mean dividend yields of 5.1% and 5.4%, respectively.

The broker has a buy rating and $16.10 price target on its shares.

Treasury Wine Estates Ltd (ASX: TWE)

A final ASX dividend share that could be a buy is Treasury Wine. It is one of the largest wine companies in the world.

Morgans remains positive on the Penfolds owner and believes it is positioned to pay partially franked dividends per share of 41 cents in FY 2026 and then 46 cents in FY 2027. Based on its current share price of $7.07, this would mean dividend yields of 5.8% and 6.5%, respectively.

The broker has a buy rating and $10.10 price target on its shares.

The post 5 excellent ASX dividend shares to buy in October appeared first on The Motley Fool Australia.

The report provides an overview of the market as well as recommendations. 

Broadly speaking, this week's report discussed the sharp undersupply in Australia's apartment housing pipeline. 

Despite already accounting for twice the pace of household formation compared to owner-occupied housing, apartment supply remains insufficient.

More concerning is that the current 1–2 year forward pipeline is projected to fall 30–40% short of demand targets, even as vacancy rates in key gateway cities remain critically low at ~2% or below (well under the structural 2–3% benchmark).

Additionally, net overseas migration is forecast to add 1.1 million people over the next five years, while apartment commencements have dropped to 13-year lows.

Developers with strong pipelines on foot are well placed to benefit from the secular tailwind ahead in our view.

Based on this analysis, let's look at three recommendations from the broker that stood out. 

Buy – Dexus Convenience Retail REIT (ASX: DXC)

Dexus is a real estate investment trust that wholly owns a portfolio of service station and convenience retail assets. 

It operates across the office, industrial, retail, infrastructure, healthcare and alternatives sectors.

Bell Potter is optimistic on this ASX REIT for a few reasons, including its high distribution yield, and discounted trading price. 

It posted solid FY 25 results, and the broker believes it is well placed to deliver defensive and growing earnings and NTA. 

It has a price target of $3.45, which indicates 15.38% upside from yesterday's closing price of $2.99. 

Hold – HomeCo Daily Needs REIT (ASX: HDN)

The company is an Australian property group focused on the ownership, development, and management of Australian shopping centres. 

The trust owns more than 50 convenience-based shopping centres in five Australian states, targeting neighbourhood retail, large format retail, and health and services sub-sectors.

Bell Potter lists this ASX REIT as a hold, with a price target of $1.40. It closed trading yesterday at $1.36, suggesting it is close to fair value at its current valuation. 

Additionally, Bell Potter said FY25 results were in line with expectations, as the company focuses on development pipeline redeployment. 

Sell – Centuria Office REIT (ASX: COF)

The company is Australia's largest pure-play office real estate investment trust (REIT). It owns a $2.3 billion portfolio of office and commercial property assets throughout Australia.

Bell Potter has a sell recommendation and $1.10 price target. 

Subsequently, this indicates a downside of 7.56% from yesterday's closing price. 

Bell Potter said it anticipates continued declining fundamentals for the office subsector and expects FY 26 to be another tough year for this ASX REIT. 

The post ASX REITs that are a buy, hold and sell according to Bell Potter appeared first on The Motley Fool Australia.

Listed below are three that analysts think income investors should be considering. Here's what they are recommending:

Dexus Convenience Retail REIT (ASX: DXC)

The first ASX dividend share that could be a buy is the Dexus Convenience Retail REIT.

It owns a portfolio of Australian service stations and convenience retail assets that are leased to high-quality tenants on attractive, long-term leases. This provides sustainable and stable income and the potential for both income and capital growth through annual rental increases.

Bell Potter is positive on the company and is forecasting some attractive dividend yields in the near term. It expects dividends of 20.9 cents per share in FY 2026 and then 21.6 cents per share in FY 2027. Based on its current share price of $3.07, this implies dividend yields of 6.8% and 7%, respectively.

The broker has a buy rating and $3.45 price target on its shares.

HomeCo Daily Needs REIT (ASX: HDN)

Another ASX dividend share that could be a buy is the HomeCo Daily Needs REIT.

It is a real estate investment trust that focuses on convenience-based retail centres. This includes supermarkets, pharmacies, medical clinics, and pet stores. These are assets with stable tenants and long leases.

With a portfolio designed to weather economic cycles, HomeCo Daily Needs REIT has rewarded its shareholders handsomely with big dividends in the past.

Pleasingly, UBS expects this trend to continue. It is forecasting dividends of 9 cents per share in FY 2026 and FY 2027. Based on its current share price of $1.36, this would mean dividend yields of 6.6% for both years.

Morgans has an accumulate rating and $1.33 price target on its shares.

Treasury Wine Estates Ltd (ASX: TWE)

A third ASX dividend share to look at is Treasury Wine.

It is one of the largest wine companies in the world, with a portfolio of premium brands such as Penfolds and Wolf Blass.

It has been going through a difficult period due to weak consumer spending but continues to deliver solid growth thanks to acquisitions and its expanding EBITS margins.

The team at Morgans thinks income investors should be taking advantage of its share price weakness. Particularly given the generous dividend yields on offer with its shares. Morgans expects partially franked dividends per share of 41 cents in FY 2026 and then 46 cents in FY 2027. Based on its current share price of $7.32, this would mean dividend yields of 5.6% and 6.3%, respectively.

Morgans has a buy rating and $10.10 price target on its shares.

The post 3 strong ASX dividend shares to buy and hold appeared first on The Motley Fool Australia.

If you are, then it could be worth checking out the two below that brokers believe are destined to reward their shareholders handsomely in the near term with generous dividend yields.

Here's what you need to know about them:

Dexus Convenience Retail REIT (ASX: DXC)

The Dexus Convenience Retail REIT could be an ASX dividend share for income investors to buy this month.

Bell Potter likes this service stations and convenience retail focused property company due to its defensive and growing earnings, as well as its attractive valuation. It said:

Well placed to deliver defensive and growing earnings and NTA. Transaction momentum YTD CY25 and valuations indicating growth resuming as better quality convenience retail assets start to enter the cap trans market and marginal CoD now c.5% or slightly below. DXC remains one of our preferred ways to play externally managed REITs given its high distribution yield (c.7%), price discovery yet discounted trading price (-15.5% discount to NTA, and -10% discount to BPe NAV).

In respect to income, the broker is forecasting dividends of 20.9 cents per share in FY 2026 and then 21.6 cents per share in FY 2027. Based on its current share price of $3.02, this equates to dividend yields of 6.9% and 7.15%, respectively.

Bell Potter has a buy rating and $3.45 price target on its shares.

IPH Ltd (ASX: IPH)

Over at Morgans, its analysts think that intellectual property company IPH could be an ASX dividend share to buy.

While its performance wasn't great in FY 2025, Morgans feels positive about its outlook and sees its current valuation as cheap. The broker explains:

On a like-for-like basis, IPH reported flat FY25 revenue and EBITDA -4% on pcp. Each geography recorded marginal LFL EBITDA pressure, a mix of lower filings (ANZ); cost inflation (Asia); and some temporary issues (CAD). Whilst organic growth is still challenged, the FY26 outlook for each division looks relatively stable or marginal incremental improvement. A cost out program (A$8-10m in FY26) will assist. IPH's valuation is undemanding (<10x FY26F PE), however investor patience is required given the delivery of organic growth looks to be the catalyst for a sustained re-rating.

As for dividends, Morgans is forecasting fully franked payouts of approximately 37 cents per share in FY 2026 and FY 2027. Based on its current share price of $4.24, this would mean dividend yields of 8.7%.

The broker has a buy rating and $6.05 price target on its shares.

The post These top ASX dividend shares offer huge 7% to 9% yields appeared first on The Motley Fool Australia.