Rather than chasing high-risk growth, the right ASX dividend share will give you an income, some relative stability, and also potential for compounding growth.

Here are two reliable, high-yield ASX dividend shares that could be a great addition to any portfolio.

GQG Partners Inc (ASX: GQG)

GQG is a global boutique asset management company focused on active equity portfolios. It offers investment advisory and portfolio management services for pension funds, sovereign funds, wealth management companies, and individual investors across three continents.

Earlier this month, GQG reported a challenging quarter due to heightened market volatility and ongoing geopolitical risk. The company reported FUM of US$162.5 billion as at 31 March 2026. This included net outflows of US$8.6 billion for the quarter.

But GQG said its defensive investment positioning, favouring companies with stable earnings and strong fundamentals, helped all major strategies outperform benchmarks.

The funds management giant has historically paid four unfranked dividends per year to its shareholders, in March, June, September and December.

Most recently, GQG paid a final unfranked dividend of US$0.0357 to investors last month. Full-year dividends declared were US$0.1469 per share, a 7.5% increase from the previous year. At the time of writing, this translates to a dividend yield of around 12%.

The company is also expected to provide shareholders with a dividend yield of around 11% in FY26 and FY27.

IPH Ltd (ASX: IPH)

IPH provides intellectual property (IP) services through a network of global brands. The group operates across ten jurisdictions in 25 countries, including Australia, New Zealand, Southeast Asia, and the US, which makes it the largest IP services provider in the Asia-Pacific region. 

Its services cover everything from patent filing and trademarks to prosecution, portfolio management, and enforcement. 

The ASX dividend company has a long history of consistently generating a strong cash flow from its operations. For example, the company reported cash conversion of 101% in its first-half FY26 results.

It is this strong cash flow that has enabled the company to be an established and reliable dividend payer. The company has also been able to increase its dividend over time.

IPH pays two partially or fully-franked dividends a year, in March and September.

IPH paid an interim partially-franked dividend of 19 cents per share last month and is expected to pay fully-franked dividends of 38 cents per share in FY26. That translates to a dividend yield of around 11% at the time of writing.

IPH is expected to increase its dividend payment to 39 cents per share in FY27. This impliesa higher dividend yield of around 12%. 

The post 2 ASX dividend shares yielding 11% or even more appeared first on The Motley Fool Australia.

And in a perfect world, this is all that we would experience.

Unfortunately, the investing world isn't perfect and sometimes shares you own will cop a downgrade from brokers.

Two such ASX shares that have experienced exactly this from analysts at Morgans this week are named below. Let's see why the broker has just downgraded these shares:

GQG Partners Inc (ASX: GQG)

This fund manager released its quarterly update this month. While the broker sees a few positives from the update, the overall story remains somewhat negative with outflows continuing.

Combined with a poor investment performance, this has seen Morgans lower its medium-term earnings estimates for GQG Partners.

This has led to the broker downgrading GQG Partners' shares to an accumulate rating with a trimmed price target of $1.92. This implies potential upside of 13% for investors from current levels. It commented:

GQG has provided a March FUM update. Whilst GQG monthly outflows remained negative (-US$1.2bn), they did improve significantly on the February and January levels (-US$3.2bn and -US$4.2bn respectively), albeit it was a more difficult month for investment performance (-~US$9bn) – in line with market volatility. We lower our GQG FY26F/FY27F EPS by -5%-8% based on the reduced FUM levels detailed in the quarterly. Our PT is set at A$1.92 (previously A$2.03). We continue to see medium-term value in GQG, but with less upside to our PT we move from BUY to ACCUMULATE.

Mineral Resources Ltd (ASX: MIN)

Another ASX share that Morgans has downgraded this month is mining and mining services company Mineral Resources.

The broker made the move in response to negative weather impacts and higher cost assumptions due to inflation in shipping and fuel.

Morgans has cut its recommendation on Mineral Resources shares to an accumulate rating with a trimmed price target of $67.00. This implies potential upside of 14% for investors over the next 12 months. It commented:

We have updated our 2H26 forecasts to reflect weather impacts in 3Q26, which we expect to have a modest effect on Onslow iron ore shipments, alongside minor increases to cost and capex assumptions driven by inflation in shipping and fuel. We have also incorporated our revised LT iron ore price of US$85/t (previously US$80/t). Net these changes our target price moves to A$67ps (previously A$68ps) and we move to an ACCUMULATE rating (previously BUY) as recent share price strength has reduced valuation upside.

The post 2 ASX shares downgraded by Morgans this week appeared first on The Motley Fool Australia.

That combination gives you the best of both worlds: long-term capital growth and immediate passive income. For an investor thinking a decade ahead, that's the kind of ASX share mix that can help build both wealth and retirement income.

Let's take a closer look.

Pro Medicus Ltd (ASX: PME)

The growth pick is Pro Medicus. The $14 billion ASX share has lost 38% of its value in 2026. Even after its sharp sell-off earlier this year, this remains one of the highest-quality growth businesses on the ASX.

The radiology imaging software specialist recently delivered another strong half, with revenue and profit surging, and it continues to land long-duration US hospital contracts. In just the past two weeks, Pro Medicus has landed two significant US contracts and that's starting to shift sentiment.

Importantly, the February result-driven plunge pushed the stock to a fresh 52-week low near $108, despite record earnings. That disconnect is exactly what makes the ASX healthcare share interesting.

This is a business with world-class margins, no debt, sticky healthcare clients, and a huge US expansion runway. Its Visage imaging platform is deeply embedded into hospital workflows, making switching incredibly difficult.

While the valuation still isn't cheap, quality software leaders rarely are. In light of the recent weakness, most brokers see Pro Medicus as a strong buy, with the maximum average 12-month price target set at $275. That's a potential 100% upside, at current price levels.

For patient investors, this looks like a rare chance to buy a premium ASX growth share well below its highs.

GQG Partners Inc. (ASX: GQG)

The funds management giant continues to stand out as one of the market's most attractive dividend plays, currently offering a double-digit yield above 11% based on recent payouts. Morgans is expecting very generous dividend yields of 11% in FY 2026 and FY 2027.

What I like most is that GQG's dividend isn't just high for the sake of it. The ASX share throws off serious cash, boasts strong profit margins, and still trades on a relatively modest earnings multiple.

If global equity markets remain supportive and funds under management (FUM) continue to grow, investors could enjoy both juicy income and capital upside. On Monday GQG reported FUM of US$162.5 billion as at 31 March 2026. That included net outflows of US$8.6 billion for the quarter, a clear red flag for the market.

Despite the recent setback, Morgans recently upgraded the ASX share to a buy rating (from accumulate) and lifted its price target from $1.89 to $2.03. That implies around 19% upside from the current share price of $1.70 over the next 12 months.

The post One ASX share to double, one yielding 11% — ASX picks for April appeared first on The Motley Fool Australia.

Zoom out, and the trend hasn't been pretty. Over the past 12 months, the ASX financial stock is down 13%, badly lagging the S&P/ASX 200 Index (ASX: XJO), which has climbed 15.6% over the same period.

So what's driving the weakness?

The headline number is hard to ignore. GQG reported funds under management (FUM) of US$162.5 billion as at 31 March 2026. That included net outflows of US$8.6 billion for the quarter — a clear red flag for the market. Throughout 2025, the ASX financial stock saw a total of US$3.9 billion leave its funds. 

For fund managers, flows are everything. Outflows don't just hit revenue; they also signal fading investor confidence. And right now, that's exactly what the market is reacting to.

Management of the ASX financial stock didn't sugarcoat the backdrop. The quarter was shaped by heightened volatility, with geopolitical tensions and macroeconomic uncertainty weighing heavily on global markets. In that kind of environment, investors often pull money or shift into safer assets.

Backing its playbook

But here's where it gets interesting. GQG stuck to its playbook. The firm maintained a defensive stance, focusing on companies with stable earnings and strong fundamentals. That strategy delivered, as all major investment strategies outperformed their benchmarks during the period.

In other words, performance wasn't the problem. Instead, the pressure is coming from a disconnect. Strong relative returns, but money still walking out the door.

One area in particular continues to weigh heavily: emerging markets. This part of the strategy of the ASX financial stock has seen the deepest underperformance and remains a key source of outflows. Until that segment stabilises, it's likely to act as a drag on overall sentiment.

Cautious stance

Management, however, is playing the long game. It emphasised strong alignment with clients and shareholders and doubled down on its core objective, protecting capital in what it sees as a period of elevated downside risk.

That's a cautious stance. And in today's market, caution doesn't always win immediate applause.

The bottom line?

GQG isn't struggling to generate returns. It's struggling to hold onto capital. Until flows turn, the price of the ASX financial stock may remain under pressure. Even if performance stays solid.

For investors, the key question is whether these outflows are temporary, driven by short-term volatility, or something more structural.

Because if confidence returns, GQG could stabilise quickly.

But for now, the market is focused on what's leaving, not what's working.

The post Why this $5 billion ASX financial stock is slipping today appeared first on The Motley Fool Australia.

What did GQG Partners report?

• Total FUM at 31 March 2026: US$162.5 billion, down from US$172.9 billion at the start of March
• Net outflows: US$1.2 billion for March; US$8.6 billion for the quarter
• Positive investment performance added US$7.3 billion in the quarter
• Core strategies (International, Emerging, Global, US) all outperformed their respective benchmarks
• Fees primarily based on assets managed, with little reliance on performance fees

What else do investors need to know?

GQG saw a challenging quarter, with heightened market volatility driven by rising geopolitical and macroeconomic risks. The group's defensive investment positioning, favouring companies with stable earnings and strong fundamentals, helped all major strategies outperform benchmarks.

Despite the net outflows, GQG's management emphasised strong alignment with shareholders and clients. The company remains committed to safeguarding client assets in what they described as a period of substantial downside risk.

What's next for GQG Partners?

Looking ahead, GQG Partners will continue focusing on its defensive investment strategy to help protect against ongoing market uncertainty. The company highlighted a strong alignment of interests between management, shareholders, and clients, supporting a forward-looking, resilient approach.

Upcoming FUM updates are scheduled for 12 May, 10 June, and 13 July 2026, which will give investors further insight into trends across GQG's suite of global strategies.

GQG Partners share price snapshot

Over the past 12 months, GQG Partners shares have declined 14%, trailing the S&P/ASX 200 Index (ASX: XJO) which has risen 16% over the same period.

View Original Announcement

The post GQG Partners share price in focus as Q1 FUM update reveals outflows appeared first on The Motley Fool Australia.

The market was closed on Monday as Australians celebrated Easter.

The S&P/ASX 200 Index (ASX: XJO) ripped 4.41% to 8,960.6 points over the four trading days.

The remarkable recovery followed news of a two-week ceasefire deal between the US and Iran.

ASX investors hope this will pave the way toward an end to the war in Iran.

Investors continued to buy the dip last week following the steep sell-off over the first three weeks of March.

ASX 200 shares fell 9.1% between 2 March and 23 March before a rebound began, with the index now up 7.1% since then.

James Gerrish from Shaw and Partners says "war fear" in the market is fading but "we're not out of the woods yet".

Businesses across multiple sectors are still assessing the impact of the oil shock, which is likely to reverberate for months to come.

Let's recap the week.

Financial shares led the ASX sectors last week

The ASX 200 financial sector incorporates bank shares, insurers, fund managers, financial services providers, and more.

Let's take a look at how some of these ASX financial stocks performed last week.

The Commonwealth Bank of Australia (ASX: CBA) share price rose 5.98% to close at $183.38 on Friday.

ANZ Group Holdings Ltd (ASX: ANZ) shares lifted 6.31% to $38.84.

Westpac Banking Corp (ASX: WBC) shares ascended 6.87% to $42.77.

The National Australia Bank Ltd (ASX: NAB) share price spiked 9.06% to $45.36.

The Macquarie Group Ltd (ASX: MQG) share price soared 9.3% to finish the week at $225.

Among the ASX 200 investment companies and fund managers, GQG Partners Inc (ASX: GQG) shares fell 0.28% to $1.78.

Magellan Financial Group Ltd (ASX: MFG) shares fell 0.84% to $9.45 amid a shareholder vote on the Barrenjoey merger on Friday.

Magellan announced it had received more than 90% approval from shareholders.

Washington H. Soul Pattinson and Co Ltd (ASX: SOL) shares lifted 3.92% to $42.98.

Among the financial services providers, AMP Ltd (ASX: AMP) shares lifted 6.06% to $1.37.

The Challenger Ltd (ASX: CGF) share price lost 2.6% to close at $8.07 on Friday.

ASX 200 buy now, pay later share Zip Co Ltd (ASX: ZIP) ripped 16.5% to $1.85.

Among the insurers, Insurance Australia Group Ltd (ASX: IAG) shares fell 1.03% to $7.21.

Medibank Private Ltd (ASX: MPL) shares lifted 1.92% to $4.52.

The QBE Insurance Group Ltd (ASX: QBE) share price ascended 4.13% to $22.46.

ASX 200 market sector snapshot

Here's how the 11 market sectors stacked up last week, according to CommSec data.

Over the four trading days:

Looking for inspiration after the March sell-off?

Check out these 7 ASX 200 shares just upgraded to strong buy consensus ratings after last month's turmoil.

The post ASX 200 shares rip with financials leading a remarkable recovery last week appeared first on The Motley Fool Australia.

To narrow things down, let's take a look at two ASX dividend shares that brokers think could be among the best to buy now.

Here's what they are recommending:

GQG Partners Inc (ASX: GQG)

Morgans thinks this investment management company's shares could be undervalued at current levels.

In response to its improving investment performance, the broker recently put a buy rating and $2.03 price target on its shares.

But more importantly, Morgans is expecting double-digit dividend yields over its forecast period. It said:

GQG has provided a February FUM update.  Whilst monthly net flows remained negative (-US$3.2bn), strong February investment performance (+US$10.5bn), which drove +4.5% FUM growth, made this a positive update in our view. We lift our GQG FY26F/FY27F EPS by +1%-+2%, driven by increased FUM forecasts based on better investment performance than we expected. Our PT rises to A$2.03 (previously A$1.89).

We acknowledge it remains early, but the improved January and February investment performance for GQG might mark the start of a business turnaround. We continue to see the stock as undervalued trading on 8x FY1 PE and an ~11% dividend yield. With >20% TSR upside, we move to a BUY rating, previously Accumulate.

Harvey Norman Holdings Ltd (ASX: HVN)

The team at Bell Potter thinks that retail giant Harvey Norman could be a top ASX dividend share to buy.

Last week, it put a buy rating and $6.70 price target on its shares.

As for income, it is forecasting fully franked dividend yields of 6.2% in FY 2026 and then 7% in FY 2027.

Commenting on the retailer, the broker said:

Our PT is based on a sum-of-the-parts valuation with a DCF methodology (WACC ~9%, TGR 3.5%, FY26-30e) for retail operations (exProperty) and the property bank on a fair value basis (as BPe for FY26e) assuming a broadly stable capitalisation rate for the remainder of FY26e.

While our preference skews to category specialists with balance sheet strength, we see HVN's well balanced geographical diversification somewhat offsetting the multi-category risks. Following the sharp sell-off in the name since Oct-25, HVN's 1-year forward P/E of ~13x (as per BPe) appears attractive considering the new store driven growth in international retailing (UK, Malaysia, Croatia), refit program in Australia and opportunities to grow their real estate portfolio as Australia's single largest owner in large format retail with a global portfolio of ~$4.6b.

The post 2 of the best ASX dividend shares to buy in April appeared first on The Motley Fool Australia.

The S&P/ASX 200 Index (ASX: XJO) has climbed 1% higher in Tuesday afternoon trade, but the index is still down 7% over the past month.

The index-wide sell-off means some ASX income stocks are now trading at very attractive prices. 

Here are three of them.

GQG Partners Inc (ASX: GQG)

GQG Partners' shares are up 3.9% at the time of writing, to $1.74 a piece. For the year-to-date the shares are down 0.85% and they're down nearly 18% over the past year.

The company posted strong FY25 earnings results in mid-February and a total funds under management (FUM) of US$172.9 billion for the month, up from US$165.7 billion in January, thanks to strong investment performance. 

But it looks like investors were concerned about the company's net outflows. While the total FUM increased during February, GQG continues to face consecutive months of net outflows. 

But investors view the latest FUM growth update as a potential turning point for the company, with some expecting the FUM to keep increasing each month from here.

Analysts rate the stock as a buy and tip a potential 16.7% upside to $1.96 at the time of writing.

Dexus (ASX: DXS)

Dexus shares are also trading in the green on Tuesday afternoon. At the time of writing, the share price is up 0.2% to $5.93 a piece. For the year-to-date the shares are down nearly 15%, and they're 16% below where they were this time last year.

The ASX income stock's share price has tumbled off the back of concerns about Australia's interest rate direction, high borrowing costs, and investor uncertainty. 

But the real estate stock is diverse with a steady and reliable income. And it's this diversity and reliable income that enable Dexus to pay a reliable dividend to its investors. 

Analysts tip an average upside of 24% to $7.33 per share.

Endeavour Group (ASX: EDV)

Endeavour Group shares have tumbled 0.5% to $3.30 a piece, at the time of writing. 

The alcoholic beverages retailer, hotel operator, and poker machines operator's share have been smashed by a pickup in inflation woes, market volatility and tighter spending during March. The shares are now down 18.5% over the past month alone and 14% lower over the past year.

The ASX income stock is at the beginning of a strategy reset which could help boost its bottom line. At the moment, the company generates a solid cash flow and pays a regular dividend. 

Analysts tip a potential 12% upside to $3.70 at the time of writing. 

The post 3 ASX income stocks trading at attractive prices appeared first on The Motley Fool Australia.

That's because they have recently been named as buys by analysts at Morgans. Here's what the broker is recommending to clients:

Dalrymple Bay Infrastructure Ltd (ASX: DBI)

Dalrymple Bay Infrastructure is the owner of the Dalrymple Bay Terminal, which provides terminal infrastructure and services for producers and consumers involved in Australian coal exports.

It effectively functions as a metallurgical coal export facility that operates as a gateway for coal from the Bowen Basin and forms part of the global steelmaking supply chain.

Morgans believes that recent share price weakness has created a buying opportunity for income investors. It said:

DBI's share price has declined c.14% since its high on its FY25 reporting day in February. We see no factor causing a material change to the fundamental value of the business. Our forecasts and valuation includes the higher interest rate environment and elevated short-term inflation. Hence no change to our $5.35 target price. Forecast changes are negligible.

At current prices we estimate potential TSR of c.21% (including a forecast 6.2% cash yield). We view this as an attractive return (with significant margin of safety) for a defensive but growing infrastructure asset. Hence we upgrade from HOLD to BUY.

As for income, the broker is forecasting dividends of 28 cents per share in FY 2026 and then 31 cents per share in FY 2027. Based on its current share price of $5.07, this would mean dividend yields of 5.5% and 6.1%, respectively.

GQG Partners Inc (ASX: GQG)

Another ASX dividend share that Morgans recently upgraded to a buy rating is fund manager GQG Partners.

It appears optimistic that a recent uptick in its investment performance could be the start of a turnaround after a long period of fund outflows. It said:

GQG has provided a February FUM update.  Whilst monthly net flows remained negative (-US$3.2bn), strong February investment performance (+US$10.5bn), which drove +4.5% FUM growth, made this a positive update in our view. We lift our GQG FY26F/FY27F EPS by +1%-+2%, driven by increased FUM forecasts based on better investment performance than we expected. Our PT rises to A$2.03 (previously A$1.89).

We acknowledge it remains early, but the improved January and February investment performance for GQG might mark the start of a business turnaround. We continue to see the stock as undervalued trading on 8x FY1 PE and an ~11% dividend yield. With >20% TSR upside, we move to a BUY rating, previously Accumulate.

Morgans is expecting very generous dividend yields of over 10% in FY 2026 and FY 2027.

The post Where to invest $2,000 in ASX dividend shares appeared first on The Motley Fool Australia.

Here are two that could be worth a closer look.

GQG Partners Inc (ASX: GQG)

One Australian dividend share that could appeal to income investors is GQG Partners.

The fund manager has had a challenging period, with significant fund outflows over the past 12 months driven by a stretch of underperformance. This has largely been the result of its decision to avoid many of the high-flying AI-related stocks that powered markets higher.

However, that positioning now appears to be turning into a tailwind. As enthusiasm for the AI trade has cooled in recent months, GQG's relative performance has improved, which could help rebuild investor confidence.

If this continues, it may act as a catalyst for funds inflows to resume, supporting earnings growth in the periods ahead.

In the meantime, GQG is offering very attractive income. Morgans, for example, is forecasting dividends of approximately 21 cents per share in FY 2026 and FY 2027. Based on its current share price of $1.65, this would mean dividend yields over 12% for both years.

In addition, the broker sees plenty of upside on offer from GQG's shares. Last week, it upgraded them to a buy rating with a $2.03 price target. This implies potential upside of 23% for investors over the next 12 months.

Rural Funds Group (ASX: RFF)

Another Australian dividend share that could be worth considering is Rural Funds Group.

It is a real estate investment trust focused on agricultural assets, including cattle, almonds, macadamias, vineyards, and water rights. These assets are leased to experienced operators under long-term agreements, providing relatively stable and predictable income.

One of the key attractions of the business is its exposure to essential food production and agricultural supply chains. Demand for these assets is supported by long-term population growth and increasing global food consumption.

Rural Funds also benefits from inflation-linked rental increases across much of its portfolio, which can help protect income in a higher inflation environment.

But the main attraction is the income its shares offer. Bell Potter is forecasting dividends per share of 11.7 cents in FY 2026 and FY 2027. Based on its current share price of $2.10, this would mean dividend yields of 5.6% in both years.

Bell Potter has a buy rating and $2.50 price target on its shares. This suggests that upside of 19% is possible between now and this time next year.

The post 2 Australian dividend stars that still offer a good price appeared first on The Motley Fool Australia.

If you are, then it could be worth hearing what analysts at Morgans are saying about the popular shares named below.

Are they buys, holds, or sells? Let's see how the broker rates them:

Dalrymple Bay Infrastructure Ltd (ASX: DBI)

Morgans thinks that recent share price weakness makes this coal terminal operator an ASX share to buy now.

This week, the broker has upgraded its shares to a buy rating with a $5.35 price target. Morgans likes the company due to its defensive qualities and attractive dividend yield. It said:

DBI's share price has declined c.14% since its high on its FY25 reporting day in February. We see no factor causing a material change to the fundamental value of the business. Our forecasts and valuation includes the higher interest rate environment and elevated short-term inflation. Hence no change to our $5.35 target price. Forecast changes are negligible.

At current prices we estimate potential TSR of c.21% (including a forecast 6.2% cash yield). We view this as an attractive return (with significant margin of safety) for a defensive but growing infrastructure asset. Hence we upgrade from HOLD to BUY.

GQG Partners Inc (ASX: GQG)

Another ASX share that Morgans has been looking at is GQG Partners. While the fund manager reported net fund outflows during February, the broker was pleased to see its investment performance improve markedly.

It feels this could represent a turning point for the company and has upgraded its shares to a buy rating with a $2.03 price target. The broker said:

GQG has provided a February FUM update.  Whilst monthly net flows remained negative (-US$3.2bn), strong February investment performance (+US$10.5bn), which drove +4.5% FUM growth, made this a positive update in our view. We lift our GQG FY26F/FY27F EPS by +1%-+2%, driven by increased FUM forecasts based on better investment performance than we expected.

Our PT rises to A$2.03 (previously A$1.89). We acknowledge it remains early, but the improved January and February investment performance for GQG might mark the start of a business turnaround. We continue to see the stock as undervalued trading on 8x FY1 PE and an ~11% dividend yield. With >20% TSR upside, we move to a BUY rating, previously Accumulate.

Rio Tinto Ltd (ASX: RIO)

Lastly, Morgans highlights that Rio Tinto's shares have pulled back recently.

While the broker believes that value is emerging, it isn't quite enough for a buy recommendation. As a result, Morgans has upgraded the mining giant's shares to a hold rating with a $147.00 price target. It commented:

We upgrade RIO from TRIM to HOLD with a revised target price of A$147 (prior A$146). The recent share price pullback closes the valuation stretch, while a lift in our medium-term iron ore assumption from US$80/t to US$85/t provides a firmer earnings floor. RIO remains a top-tier diversified miner.

Not cheap enough for a BUY, but the pullback removes the overshoot that justified TRIM. Iron ore earnings platform, copper and aluminium leverage, and lithium optionality, RIO represents an attractive mix with good execution in the Pilbara and Oyu Tolgoi.

The post Buy, hold, sell: DBI, GQG Partners, and Rio Tinto shares appeared first on The Motley Fool Australia.

Four ASX shares that are falling more than most today are listed below. Here's why they are dropping:

Electro Optic Systems Holdings Ltd (ASX: EOS)

The EOS share price is down 4.5% to $10.22. Investors have been selling the defence and space company's shares after it revealed that the Australian Securities Exchange (ASX) has reviewed its continuous disclosure practices. The ASX has formed the view that a previous announcement by EOS on 15 December 2025 regarding a conditional US$80 million high-energy laser contract failed to adequately describe market sensitive information. The stock exchange operator has directed EOS under Listing Rule 18.8(k) to review its continuous disclosure policy.

GQG Partners Inc (ASX: GQG)

The GQG Partners share price is down a further 2.5% to $1.76. The fund manager's shares have dropped this week following the release of its latest funds under management (FUM) update. GQG Partners reported a 4.3% increase in FUM to US$172.9 billion during the month of February. However, this was driven by investment performance, which offset net outflows of US$3.2 billion. The company's net outflows were recorded across all strategies.

Liontown Ltd (ASX: LTR)

The Liontown share price is down 2.5% to $1.59. This has been driven by the release of the lithium miner's half-year results. Although Liontown more than doubled its revenue to $207.5 million, it recorded a statutory net loss after tax of $184 million. Commenting on its performance, Liontown's CEO, Tony Ottaviano, said: "Kathleen Valley is now a 100% underground operation. We have delivered a one million tonne per annum underground run-rate on schedule, sold 190,000 tonnes of concentrate across ten shipments, and more than doubled revenue period to period. The underground ramp-up is on track and we expect the second half to be materially stronger as volumes, recoveries, and pricing all continue to improve."

Temple & Webster Group Ltd (ASX: TPW)

The Temple & Webster share price is down almost 8% to $6.82. This may have been driven by concerns over how the war in the Middle East could impact the online furniture and homewares retailer. With shipping costs surging, there are fears this could hit its profitability in the second half of FY 2026.

The post Why EOS, GQG, Liontown, and Temple & Webster shares are tumbling today appeared first on The Motley Fool Australia.

That's the view of analysts at Morgans, who believe that this stock could provide investors with one of the biggest dividend yields around.

Which ASX 200 stock?

The stock that Morgans is bullish on is GQG Partners Inc (ASX: GQG).

It is a global investment boutique headquartered in the United States and focused on managing active equity portfolios for investors that include many large pension funds, sovereign funds, wealth management firms, and other financial institutions around the world.

This week, the ASX 200 stock released its latest funds under management (FUM) update and reported a 4.3% increase in FUM to US$172.9 billion during the month of February.

However, this was entirely driven by investment performance, with the company continuing to experience fund outflows.

The company revealed net outflows of US$3.2 billion for the month. These were recorded across all strategies, with emerging markets leading the way. GQG reported net outflows of US$1.3 billion for emerging markets, followed by US$0.9 billion of net outflows from international strategies.

Time to buy

While the net outflows were not pretty, Morgans thinks investors should be focusing on its strong investment performance. That's because it is likely to be supportive of future FUM inflows.

In light of this and recent share price weakness, the broker has upgraded the ASX 200 stock to a buy rating (from accumulate) with an improved price target of $2.03 (from $1.89).

Based on its current share price of $1.81, this implies potential upside of 12% for investors over the next 12 months.

But the returns won't stop there, according to the broker. Morgans expects a stunning dividend yield of 11% in 2026 and then the same again in 2027. It commented:

GQG has provided a February FUM update.  Whilst monthly net flows remained negative (-US$3.2bn), strong February investment performance (+US$10.5bn), which drove +4.5% FUM growth, made this a positive update in our view. We lift our GQG FY26F/FY27F EPS by +1%-+2%, driven by increased FUM forecasts based on better investment performance than we expected. Our PT rises to A$2.03 (previously A$1.89).

We acknowledge it remains early, but the improved January and February investment performance for GQG might mark the start of a business turnaround. We continue to see the stock as undervalued trading on 8x FY1 PE and an ~11% dividend yield. With >20% TSR upside, we move to a BUY rating, previously Accumulate.

The post Buy this ASX 200 stock for an 11% dividend yield in 2026 and 2027: Morgans appeared first on The Motley Fool Australia.

When experts call a business a buy, it's worth taking note because of the positive outlook that the analysts have identified for the business(es).

The two stocks I'm going to highlight are both from outside the tech industry. Accordingly, they could have clearer growth outlooks than others because they're not as exposed to possible AI impacts. Let's take a look at why the ASX shares are buy-rated by UBS.

GQG Partners Inc (ASX: GQG)

UBS describes GQG as a boutique active asset manager that specialises in managing global shares. The business has a track record of strong performance over most of its life and it also provides funds for a relatively low cost.

The broker said that the month of February 2026 saw a record high funds under management (FUM) which was a 4.3% month-over-month increase, driven by investment returns. However, it continued to experience elevated net outflows of US$3.2 billion, though lower than UBS was expecting of US$3.7 billion.

There was an improvement in US equity outflows, with that strategy experiencing a sharp improvement in performance in US equities flows. This suggests that this rebound could lead to a relatively quick turnaround in outflows.

However, the emerging market strategy, where underperformance has been deepest, continues to be a headwind with outflows for the ASX share.

Pleasingly, early March has seen outperformance by GQG's strategies. UBS then explained why it rates GQG as a buy with a price target of $2:

We continue to see GQG as an attractive market-hedge, and a relative performance beneficiary of the current backdrop given its defensive portfolio tilts.

Orica Ltd (ASX: ORI)

UBS describes Orica as the world's largest supplier of commercial explosives and blasting systems servicing both the mining and infrastructure sectors. The broker also noted that the business manufactures ammonium nitrate (AN) from its plants in Australia, North America and Indonesia.

UBS recently released a note highlighting that the ASX share released a trading update which included expectations that the FY26 first half operating profit (EBIT) will be slightly higher than the prior corresponding period of A$493 million. That expectation is "broadly consistent" with the average forecast of market analysts (consensus) of A$493 million.

However, Orica expects blasting solutions EBIT to be lower year over year because of foreign exchange rates and lower Indonesian coal demand. Digital solutions and specialty mining chemicals are supposedly on track to deliver EBIT growth of 20% and 15%, respectively, year-over-year thanks to strong gold and copper exploration and production demand.

UBS is forecasting that Orica's FY26 EBIT could grow by 2% despite the foreign exchange and Indonesian demand headwinds. The broker said:

We retain our Buy rating with the stock offering a 3yr EPS CAGR of 8% (FY25-28E) linked to resilient global mine production activity, and supportive AN prices given potentially tightening global supply. UBS rates Orica as a buy with a price target of $27.

The post 2 compelling ASX shares experts rate as buys in March appeared first on The Motley Fool Australia.

Four ASX shares that have failed to follow the market higher today are listed below. Here's why they are falling:

Breville Group Ltd (ASX: BRG)

The Breville share price is down 2.5% to $28.60. This appears to have been driven by the appliance manufacturer's shares going ex-dividend this morning for its latest payout. Last month, Breville released its half-year results and declared a fully franked dividend of 19 cents per share. This will be paid to eligible shareholders later this month on 27 March 2026.

Forrestania Resources Ltd (ASX: FRS)

The Forrestania Resources share price is down 3% to 61 cents. This morning, this gold explorer announced a deal to acquire a number of mining tenements within Western Australia's Eastern Goldfields gold district. The company has agreed to pay $5 million for the package of tenements. Forrestania Resources' chair, David Geraghty, commented: "This acquisition is aligned with Forrestania's disciplined strategy of consolidating prospective tenure, with significant tenure now in the FRS Eastern Goldfields Hub. Importantly, the transaction structure aligns consideration with preserving capital which can be assigned to advancing Forrestania's near term production ambitions across our portfolio of Western Australian gold assets."

GQG Partners Inc (ASX: GQG)

The GQG Partners share price is down 6% to $1.79. This follows the release of the fund manager's latest funds under management (FUM) update. GQG Partners reported a 4.3% increase in FUM to US$172.9 billion during the month of February. However, this was entirely driven by investment performance, which offset net outflows of US$3.2 billion. The company's net outflows were recorded across all strategies, with emerging markets leading the way. It reported net outflows of US$1.3 billion for emerging markets, followed by US$0.9 billion of net outflows from international strategies.

WiseTech Global Ltd (ASX: WTC)

The WiseTech Global share price is down over 3.5% to $49.18. This appears to have been driven by profit-taking from some investors following a strong rebound in recent weeks. For example, even after today's weakness, the WiseTech Global share price is up a sizeable 14% since 24 February. However, it remains down heavily since the start of the year.

The post Why Breville, Forrestania Resources, GQG Partners, and WiseTech shares are falling today appeared first on The Motley Fool Australia.

Today's dip means the share price is now 16.35% lower than this time last year and 0.3% higher for the year to date.

For context, the S&P/ASX 200 Index (ASX: XJO) is up 0.55% this morning, and the S&P/ASX 200 Financials Index (ASX: XFJ) is up 1.04%.

Why is this ASX 200 financials stock crashing?

GQG Partners posted its latest funds under management (FUM) update ahead of the ASX open this morning. The fund manager reported a total FUM of US$172.9 billion for February, up from US$165.7 billion in January, thanks to strong investment performance. 

International and Global strategies led the growth. Its International FUM increased by US$4 billion, and Global grew by US$2 billion throughout the month, after accounting for flows and performance. The reported figures are unaudited and based on current estimates. The FUM data does not include activity from GQG Private Capital Solutions.

The ASX 200 financial stock also noted a net outflow of US$3.2 billion for the month. This is down from a net outflow of US$4.2 billion in January but higher than the US$2.1 billion net outflow reported in December.

GQG confirmed that its next FUM updates are scheduled for the 13th of April, 12th of May, and 10th of June 2026. Management remains focused on delivering strong long-term returns for clients and managing net flows during challenging market conditions.

If GQG Partners' FUM is rising, why are investors selling up?

In short, investors are likely concerned about the company's net outflows. While the total FUM increased during February, GQG continues to face consecutive months of net outflows. Throughout 2025, the fund manager saw a total of US$3.9 billion leave its funds. That outflow figure has already been overtaken in the first two months of 2026. 

As a fund manager, QGQ Partners' revenue is heavily dependent on how much money its clients invest, and investors are likely concerned that continued outflows may mean the company's earnings could begin to fall.

What do analysts think of the financials stock?

The company posted strong FY25 earnings results in mid-February, which helped bump the share price higher late last month. 

The numbers themselves were solid. Revenue and net income both rose year on year, while operating margins expanded to 77%. Funds under management ended the year at US$163.9 billion, up 7.1%, despite US$3.9 billion in net outflows. GQG Partners' net outflows were US$20.2 billion in 2024.

The company is well diversified across strategies and geographies, with exposure across international, emerging markets, global, and US equities. 

Analysts are mostly neutral on the outlook for GQG Partners' shares over the next 12 months. TradingView data shows that six out of 10 analysts have a hold rating on the ASX financials stock, and another four have a buy or strong buy rating.

The average target price is $1.965, which implies a 9.96% upside at the time of writing. 

The post Why this ASX 200 financials stock is crashing 7.6% today appeared first on The Motley Fool Australia.

What did GQG Partners report?

• Total FUM increased from US$165.7 billion to US$172.9 billion in February 2026
• Net flows saw an outflow of US$3.2 billion for the month
• Investment performance added US$10.5 billion to FUM
• International and Global strategies contributed most to growth
• Figures are unaudited and exclude private capital solutions

What else do investors need to know?

GQG Partners' funds grew primarily due to positive investment returns, despite experiencing net outflows. International and Global strategies led the way, with International up US$4.0 billion and Global up US$2.0 billion after accounting for flows and performance.

The reported figures are unaudited and based on current estimates. The FUM data does not include activity from GQG Private Capital Solutions.

What's next for GQG Partners?

GQG has flagged its next FUM updates for 13 April, 12 May, and 10 June 2026, which will give investors a closer look at ongoing trends. Management remains focused on delivering strong long-term returns for clients and managing net flows during challenging market conditions.

Investors will be watching upcoming announcements closely to see whether recent investment performance can offset continued net outflows.

GQG Partners share price snapshot

Over the past 12 months, GQG Partners shares have declined 9%, trailing the S&P/ASX 200 Index (ASX: GQG) which has risen 10% over the same period.

View Original Announcement

The post GQG Partners lifts FUM to US$172.9bn in February 2026 appeared first on The Motley Fool Australia.

From infrastructure and banks to retailers and asset managers, there are many companies that return a meaningful portion of their profits to shareholders through dividends. For investors building a portfolio designed to generate reliable income, that creates plenty of choice.

Here are five ASX dividend shares that I think are worth considering.

Dicker Data Ltd (ASX: DDR)

Dicker Data is one of Australia's leading technology distributors, supplying hardware, software, and cloud services to resellers across Australia and New Zealand.

The business has built a strong reputation with vendors and partners, which has allowed it to grow consistently over many years. What I like about Dicker Data from an income perspective is its approach to shareholder returns.

The company has a long track record of paying regular dividends and typically distributes a large portion of its profits. While earnings can fluctuate with technology spending cycles, the underlying business model has proven resilient.

For investors seeking income exposure to the technology sector, Dicker Data is an interesting option.

Flight Centre Travel Group Ltd (ASX: FLT)

Flight Centre's shares have been under pressure over the past year, but the company remains confident in its long-term outlook.

The company has rebuilt its earnings following the pandemic and remains one of the world's largest travel retailers. Its global footprint across leisure and corporate travel gives it scale and diversification that can support profits over time.

As I wrote here this week, consensus forecasts suggest Flight Centre's dividend could continue growing in the years ahead.

And if travel demand remains healthy and recent acquisitions deliver on their promise, Flight Centre's dividend potential could improve meaningfully over time.

Macquarie Group Ltd (ASX: MQG)

Macquarie Group is widely regarded as one of Australia's highest-quality financial institutions.

Its diversified business spans asset management, infrastructure investing, commodities trading, and banking services. That diversification helps smooth earnings across different market cycles.

Macquarie also has a solid record of returning capital to shareholders through dividends. While payouts can vary depending on profitability, the bank's global platform and strong capital position give it flexibility to keep rewarding investors over the long term.

For income investors looking for exposure beyond the traditional big four banks, Macquarie stands out as a compelling alternative.

Lottery Corporation Ltd (ASX: TLC)

Lottery Corporation operates some of Australia's best-known lottery brands, including Powerball and Oz Lotto.

Lottery businesses tend to be highly cash generative and relatively defensive. Ticket sales can hold up well even during softer economic conditions, and operating costs are relatively predictable.

That combination allows Lottery Corporation to pay attractive dividends to shareholders. The company has positioned itself as a reliable income play since its demerger, supported by steady cash flow from lottery products.

For investors seeking income with a defensive tilt, it is an ASX dividend share worth keeping on the radar.

GQG Partners Inc (ASX: GQG)

GQG Partners is a global asset manager that has grown quickly in recent years thanks to strong investment performance and significant inflows.

Asset management businesses can be highly profitable when funds under management are expanding, and GQG has been returning a substantial portion of its earnings to shareholders.

Because its dividends are linked to profitability, payouts can fluctuate with markets and flows. However, when conditions are favourable, the income generated for shareholders can be very attractive.

For investors comfortable with some variability in dividends, GQG Partners offers exposure to the growth of global funds management alongside appealing income potential.

Foolish takeaway

Building an income portfolio on the ASX doesn't have to mean sticking to the same handful of companies.

Dicker Data, Flight Centre, Macquarie Group, Lottery Corporation, and GQG Partners all offer different sources of dividend income across technology distribution, travel, financial services, gaming, and asset management.

For investors focused on generating income from shares, I think these five ASX dividend shares are worth considering.

The post 5 ASX dividend shares to buy for income in 2026 appeared first on The Motley Fool Australia.

It is a global boutique asset management company focused on active equity portfolios. It offers investment advisory and portfolio management services for investors across three continents.

The company released 2025 full year results last Friday. 

This ASX financials stock reported:

• Funds under management (FUM) ended at USD 163.9 billion, up 7.1% from the previous year
• Average FUM rose 10.8% to USD 164.3 billion
• Net revenue increased 6.3% to USD 808.3 million
• Net income attributable to shareholders climbed 7.3% to USD 463.3 million
• Diluted earnings per share grew 6.7% to USD 0.16
• Full-year dividends declared were USD 0.1469 per share, a 7.5% lift

Investors gobbled up GQG Partners shares following this announcement, leading to a 7.7% rise in share price to end the week. 

For context, the S&P/ASX 200 Index (ASX: XJO) fell 1.4% on Friday. 

Results prompt re-rating from Morgans

Earnings season often brings hefty share price swings like this one as investors react to results – either positively or negatively. 

Following this initial shift, as the dust settles, brokers and analysts often release updated guidance, taking into account the most recent results. 

That is exactly what has happened with this ASX 200 financials stock. 

On Friday, following the release, the team at Morgans updated its view on GQG Partners shares. 

Improved performance trends early in FY26

In a note out of the broker last week, it said GQG reported a FY25 NPAT of US$463m, up +7% on the pcp, and +1% vs consensus. 

Overall, we would describe this as an in-line result, with the key positive being signs of improved investment performance in January and February (as markets have turned more in GQG's favour).

EPS outlook fell marginally, along with a 1 cent adjustment to its share price target. 

However, the broker upgraded the rating to accumulate (previously hold). 

The updated price target is $1.89. 

This ASX financials stock closed trading Friday at $1.735 following the 7% gain. 

From this share price, the updated target from Morgans indicates an upside of approximately 9%. 

The broker also noted the dividend contributes to its attractiveness. Estimates project it could be as high as 13% in the coming years.

Clearly there needs to be more evidence that the recent 'flows risk' period has passed, but trading on 7x PE and an 11% dividend yield, we see the stock as too cheap versus its long-term prospects.

The post This 200 ASX financials stock just got an upgrade from Morgans following earnings results appeared first on The Motley Fool Australia.

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.