Two ASX dividend shares stand out right now: Perpetual Ltd (ASX: PPT) and Shaver Shop Group Ltd (ASX: SSG). Both deliver attractive yields around 7%, and brokers see meaningful upside ahead.

Let's take a closer look.

Perpetual: Sharpen execution, unlock value

Perpetual is a well-known financial services group, operating across asset management, wealth management, and corporate trust. But the ASX dividend share is undergoing a major shift.

Last week, the company announced the $500 million sale of its wealth business to Bain Private Equity. The move is all about simplification. By narrowing its focus, Perpetual aims to sharpen execution and unlock value.

Management of the ASX dividend share says proceeds will be used to reduce debt and invest in organic growth across its remaining divisions. That's a positive signal for dividend sustainability.

Perpetual has a long-standing reputation in funds management and a solid institutional footprint. The business is becoming leaner, which could improve margins over time.

However, earnings can be sensitive to market movements. Funds under management can fluctuate, and execution risk remains as the company reshapes itself.

This ASX dividend share shines when dividend payouts come into play. Analysts at Macquarie expect a 7% dividend yield this financial year, easing slightly to 6.7% in FY27 and 6.4% in FY28. That's still comfortably above market averages.

And there's potential capital upside too. Macquarie has a bullish price target of $24.60 on the ASX dividend share. The broader consensus sits at $20.32, about 26% above current levels.

Shaver Shop Group: Strong niche, growing online sales

Shaver Shop is one of the region's leading retailers of personal grooming products. Think electric shavers, clippers, trimmers, and wet shave essentials. It operates 126 stores across Australia and New Zealand, alongside a growing online channel.

This is a steady, cash-generative retail business. Grooming products tend to have repeat demand, and Shaver Shop has built a strong niche. Its online sales are also gaining traction.

Recent numbers back that up. In the second half of FY26 to 22 February 2026, total sales rose 3.8%, while online sales jumped 12.7%. That kind of growth can support future earnings — and dividends.

Like all retailers, this ASX dividend share is exposed to consumer spending cycles. Cost pressures and competition could also weigh on margins.

Shaver Shop has an impressive dividend track record. It increased its dividend every year from 2017 to 2023, held steady in 2024, and nudged it higher again in FY25.

Right now, the stock offers a grossed-up yield of 10.7%, including franking credits. That's exceptionally high.

And it's not just about income. Analysts see upside in the share price too, with an average target of $1.71. That's a 29% upside at current levels.

The bottom line

Perpetual and Shaver Shop tick two key boxes: strong passive income and growth potential.

They're not risk-free. No dividend stock ever is. But with yields around 7% or higher and double-digit upside on offer, both are worth a closer look for income-focused investors.

The post These ASX dividend shares pay 7% and could jump 25% appeared first on The Motley Fool Australia.

I've had a look at three companies which appear to fit the bill pretty well.

Let's take a look.

Atlas Arteria Ltd (ASX: ALX)

This toll road company is exactly the sort of business that I think most dividend investors are searching for.

Infrastructure companies such as Atlas Arteria tend to have long-term, stable contracts, with good visibility out over potentially several years, especially on the cost front.

Atlas Arteria is currently paying a trailing dividend yield of 8.67%, which is high, but investors can take heart from what the company said when announcing its full-year results in February.

The company not only reaffirmed its final dividend of 20 cents per share but also said it would target future full-year distributions of at least 40 cents per share, "supported by free cash flow".

While that's not an ironclad guarantee, it's a strong indication that the company will continue paying out strong returns.

Helloworld Travel Ltd (ASX: HLO)

Helloworld makes the list for both strong returns and potential upside in its share price.

Shaw and Partners issued a research note this week saying that strong traveller arrival and departure numbers for January boded well for the travel operator, and they set a price target of $2.80 on the stock, compared with $1.47 currently.

The broker is predicting a dividend yield of 7.5% for the current financial year, rising to 8.2% over the subsequent two years.

Helloworld shares have been sharply sold off since the conflict in the Middle East began, and are not far off their 12-month lows of $1.30.

Perpetual Ltd (ASX: PPT)

Financial stock Perpetual is paying a 7% dividend yield, and just this week announced the $500 million sale of its wealth business to Bain Private Equity, in a move that will simplify the business.

The company said the money raised would be used to retire debt and foster organic growth in its two remaining business divisions. This surely puts the company in a good position to maintain its dividend flows.

Macquarie had a look at the wealth deal this week and put out a research note to its clients forecasting a dividend yield of 7% this financial year, which would then fall to 6.7% in FY27 and 6.4% in FY28.

The analyst team at Macquarie also has a bullish share price target of $24.60 for the stock, compared with $15.99 currently.

The post These 3 ASX stocks are paying better than 7% dividend yields appeared first on The Motley Fool Australia.

The analyst team at Macquarie have run the ruler over the sale, and has upgraded their price target for Perpetual shares as a result.

Major deal

We'll get to that later; let's first look at what was announced.

Perpetual will sell the Perpetual Wealth business to Bain for $500 million, plus a potential $50 million payment depending on the performance of the business.

Perpetual Chief Executive Officer Bernard Reilly said regarding the sale:

Following a thorough sale process, we believe we have achieved the right outcome for our shareholders, clients and people, and one that reflects Wealth Management's longstanding reputation as a premium provider of high net worth advisory, fiduciary, philanthropic and not-for-profit offerings in the Australian market. "This is a pivotal step in our strategy to simplify and transform Perpetual. Following completion, Perpetual will have a stronger balance sheet and more simplified business, focused on two core businesses, asset management and corporate trustee services, while also enhancing its ability to invest for future growth and deliver improved shareholder returns over the longer term. We believe we have found the right owner for the Wealth Management business to help it continue to grow and deliver high quality products and services to its clients.

The money raised will be used to retire debt and support investment in Perpetual's asset management and corporate trust divisions.

Perpetual shares looking cheap

The Macquarie team said the sale, which followed a 12-month process, was conducted at a multiple which appeared reasonable.

They noted that Perpetual must overcome several regulatory hurdles to complete the transaction and that separating the wealth business would be complex.

They added:

However, Perpetual expects no 'material' stranded costs post-completion, reflecting an effective carve-out while generating revenue to offset any lingering costs during this process.

Macquarie raised its price target on Perpetual from $23.85 to $24.60 on the back of the deal. This compares to Perpetual's current share price of $16.02.

They added:

Despite continued outflows, we reiterate our Outperform rating, with the Wealth sale to simplify the business and unwind some of the some of the parts discount, while we see scope for further cost out above current plans with Perpetual's cost-to-income ahead of global peers.  

Perpetual is also expected to pay a 7% dividend yield this financial year. Perpetual was valued at $1.86 billion at the close of trade on Wednesday.   

The post How high does Macquarie think this ASX 200 stock will go after its wealth sale? appeared first on The Motley Fool Australia.

Four ASX shares that are not letting that hold them back are listed below. Here's why they are rising:

Lifestyle Communities Ltd (ASX: LIC)

The Lifestyle Communities share price is up 2% to $5.43. This appears to have been driven by a broker note out of Citi. According to the note, the broker has upgraded the retirement communities company's shares to a buy rating with a $5.60 price target. The broker notes that Hometown Australia recently bought a 9.8% stake in the company. It highlights that the $58.46 million deal was undertaken at a premium to the prevailing share price. Citi suspects that this could lead to increased M&A speculation.

Perpetual Ltd (ASX: PPT)

The Perpetual share price is up almost 2.5% to $16.61. Investors have been bidding the financial services company's shares higher after it announced the sale of its Wealth Management business to Bain Capital for an upfront consideration of $500 million. Perpetual's CEO and managing director, Bernard Reilly, said: "Following a thorough sale process, we believe we have achieved the right outcome for our shareholders, clients and people, and one that reflects Wealth Management's longstanding reputation as a premium provider of high net worth advisory, fiduciary, philanthropic and not-for-profit offerings in the Australian market." Perpetual expects to use sale proceeds to pay down debt and fund further growth in its core Asset Management and Corporate Trust businesses.

Reliance Worldwide Corporation Ltd (ASX: RWC)

The Reliance Worldwide share price is up 4.5% to $3.05. This morning, this plumbing parts company announced that it will undertake a further on-market share buy-back targeting $120 million. The company's chair, Russell Chenu, said: "RWC has continued to generate strong cash flows over the past two years despite subdued end markets. This has enabled us to substantially reduce net debt. Consequently, RWC's leverage ratio has fallen below the bottom end of our target range of 1.5 time to 2.5 times net debt to EBITDA. Undertaking this additional share buy-back will enable us to return excess capital to shareholders efficiently and is consistent with our previously articulated capital management strategy."

Woodside Energy Group Ltd (ASX: WDS)

The Woodside Energy share price is up over 2% to $31.77. This has been driven by a rise in oil prices due to supply disruptions caused by war in the Middle East. It isn't just Woodside that is rising today. The S&P/ASX 200 Energy index is up almost 1% at the time of writing.

The post Why Lifestyle Communities, Perpetual, Reliance Worldwide, and Woodside shares are rising today appeared first on The Motley Fool Australia.

At the time of writing, the Perpetual share price is up 0.95%% to $16.40. Despite today's modest gain, the stock has had a weak start to the year and is down 13% in 2026.

Here's what the company revealed to the market.

Perpetual to sell wealth management business

Perpetual announced that it has entered into a binding agreement to sell its Wealth Management business to Bain Capital Private Equity.

The deal involves the sale of Perpetual Wealth Management and Perpetual Private, which together form the company's wealth management division.

Under the agreement, the transaction will deliver $500 million in upfront cash proceeds, subject to customary adjustments.

In addition, Perpetual could receive a further earn out payment of up to $50 million. This will depend on the future performance of parts of the business following completion.

The company also noted that an additional upfront cash payment may be made, depending on the performance of the advice business before completion.

Perpetual will continue to own the rights to the Perpetual brand. Bain Capital will license the brands 'Perpetual Wealth' and 'Perpetual Private' for a period of 15 years.

The transaction will be implemented through the sale of shares in Perpetual WM Services, which houses the wealth management operations.

What the deal means for the business

Management described the move as a significant step toward simplifying the group and sharpening its strategic focus.

Following completion, Perpetual will concentrate on its Asset Management and Corporate Trust divisions.

Chief Executive Officer Bernard Reilly said the transaction follows an extensive review process and recognises the strength of the wealth business, while allowing Perpetual to focus on areas where it sees stronger long-term opportunities.

Reilly added:

We believe we have achieved the right outcome for our shareholders, clients and people, and one that reflects Wealth Management's longstanding reputation as a premium provider of high net worth advisory, fiduciary, philanthropic and not for profit offerings in the Australian market.

Management noted that the company expects to emerge from the deal with a stronger balance sheet and a more streamlined structure.

Use of proceeds and balance sheet impact

Perpetual said net proceeds from the transaction are expected to be used to reduce debt and support future investment.

The company plans to repay a $400 million bridge facility, with remaining funds potentially directed toward growth initiatives in the remaining businesses.

The deal is expected to complete towards the end of the 2026 calendar year, subject to regulatory approvals and other conditions.

These include approvals from the Foreign Investment Review Board and the ACCC, as well as internal restructuring steps required to separate the wealth business.

Transaction and separation costs are estimated at around $30 million after tax, while taxes on the sale are expected to range from $45 million to $50 million.

Perpetual currently has a market capitalisation of around $1.88 billion and offers a dividend yield of roughly 6.96%.

The post This ASX financial stock just struck a $500 million deal appeared first on The Motley Fool Australia.

What did Perpetual report?

• Binding deal to sell Wealth Management division to Bain Capital for $500 million cash up front
• Potential additional upfront payment, dependent on advice business performance to completion (up to $50 million)
• Earn-out component of up to $50 million, tied to Wealth business performance post-completion
• Net proceeds will be used to reduce company debt and invest in Asset Management and Corporate Trust businesses
• Pro-forma net debt to EBITDA expected to fall to around 0.2x after completion

What else do investors need to know?

Completion of the transaction is subject to approvals from the Foreign Investment Review Board (FIRB), the ACCC, and a corporate restructure to separate Wealth Management from the Perpetual Group. Completion is targeted towards the end of 2026.

Transaction and separation costs are expected to be around $30 million (post-tax) over the next 12–18 months. Estimated tax on proceeds is $45–50 million, with franking credits from this available for future dividends, likely from 2H27.

Perpetual will license its Wealth-related brands to Bain Capital for 15 years but will retain full ownership of the core "Perpetual" brand. Transitional support services for technology and operations will be provided to the Wealth Management business for up to 18 months post-completion.

What did Perpetual management say?

Perpetual CEO and Managing Director Bernard Reilly said:

Following a thorough sale process, we believe we have achieved the right outcome for our shareholders, clients and people, and one that reflects Wealth Management's longstanding reputation as a premium provider of high net worth advisory, fiduciary, philanthropic and not-for-profit offerings in the Australian market.

This is a pivotal step in our strategy to simplify and transform Perpetual. Following completion, Perpetual will have a stronger balance sheet and more simplified business, focused on two core businesses, asset management and corporate trustee services, while also enhancing its ability to invest for future growth and deliver improved shareholder returns over the longer term.

We believe we have found the right owner for the Wealth Management business to help it continue to grow and deliver high quality products and services to its clients. Today's announcement also provides clarity and certainty for our teams, who have continued to show an exceptionally high level of professionalism, commitment and focus throughout this process.

What's next for Perpetual?

With the Wealth Management sale, Perpetual will concentrate on its core Asset Management and Corporate Trust operations. The business expects to use sale proceeds to pay down debt and fund further growth in these divisions.

Over the coming months, the group will progress the required regulatory and court approvals for completion, and provide transitional support to the Wealth Management business until it is fully separated. The simplification aims to position Perpetual for long-term growth and improved shareholder returns.

Perpetual share price snapshot

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

View Original Announcement

The post Perpetual sells Wealth Management business to Bain Capital for $500m appeared first on The Motley Fool Australia.

For you to be entitled to a stock's next dividend, you must own it before its ex-dividend date.

Here are some of the ASX shares going ex-dividend next week.

ASX shares with ex-dividend dates next week

The post 32 ASX shares about to go ex-dividend appeared first on The Motley Fool Australia.

What did Perpetual report?

• Operating revenue of $697.9 million, up 2% on 1H25
• Underlying profit after tax (UPAT) of $112.7 million, up 12%
• Net profit after tax (NPAT) of $53.9 million, up 349% year-on-year
• Interim dividend of $0.59 per share, unfranked
• Asset Management UPBT of $106.9 million (up 4%), Corporate Trust UPBT of $49.0 million (up 11%)
• Simplification Program delivered $60 million in annualised cost savings so far

What else do investors need to know?

Perpetual kept expense growth tightly controlled at 1%, and its Board reaffirmed full-year expense guidance at 1–2%. Cost savings from the company's Simplification Program are on track for $70-80 million annually by FY27, with $60 million already achieved.

Talks with Bain Capital Private Equity for the potential sale of the Wealth Management business are advancing, though there's no binding agreement yet. Meanwhile, Wealth Management's funds under advice grew 6% despite profit pressure.

What did Perpetual management say?

Perpetual CEO and Managing Director Bernard Reilly said:

Perpetual delivered a solid first half, with revenue and double-digit underlying profit growth driven by the strength of our diversified business model including Asset Management and Corporate Trust, while Wealth Management continued to show resilience as the sale process continued.

What's next for Perpetual?

Looking ahead, Perpetual plans to keep simplifying its operations to increase focus and reduce costs, supporting sustainable long-term growth. The company remains disciplined in expense management, while investing in new products and innovation within Asset Management.

Discussions with Bain Capital about selling the Wealth Management division are ongoing, with the company committed to keeping shareholders informed as things progress.

Perpetual share price snapshot

Over the past 12 months, Perpetual shares have declined 24%, trailing the S&P/ASX 200 Index (ASX: XJO) which has risen 11% over the same period.

View Original Announcement

The post Perpetual posts higher earnings and tight cost control for 1H26 appeared first on The Motley Fool Australia.

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

ASX 200 expected to rise

The Australian share market looks set for a decent start to the week following a good finish on Wall Street on Friday. According to the latest SPI futures, the ASX 200 is expected to open the day 16 points or 0.2% higher. In the United States, the Dow Jones was up 0.45%, the S&P 500 rose 0.7%, and the Nasdaq stormed 0.9% higher. However, the announcement of US tariffs over the weekend could add some volatility to today's session.

Oil prices edge higher

It could be a positive start to the week for ASX 200 energy shares such as Santos Ltd (ASX: STO) and Woodside Energy Group Ltd (ASX: WDS) after oil prices edged higher on Friday night. According to Bloomberg, the WTI crude oil price was up 0.1% to US$66.48 a barrel and the Brent crude oil price was up 0.15% to US$71.76 a barrel. Oil prices have been rising after the US weighed up military strikes on Iran.

Half-year results

A number of ASX 200 shares will be on watch today when they release their half-year results. Among them are NIB Holdings Limited (ASX: NHF), Perpetual Ltd (ASX: PPT), and Reece Ltd (ASX: REH). With respect to the latter, Morgans expects the plumbing parts company to report a 22.9% decline in net profit to $139.5 million. It said: "Management noted that the macroeconomic environment remains challenging across ANZ and the US and expects activity in both regions to stay subdued in the near term."

Gold price jumps

ASX 200 gold shares Newmont Corporation (ASX: NEM) and Northern Star Resources Ltd (ASX: NST) could have a good start to the week after the gold price jumped on Friday night. According to CNBC, the gold futures price was up 1.7% to US$5,080.9 an ounce. This was driven by the release of soft US economic data which supported interest rate cut hopes.

Buy Telix shares

Bell Potter thinks investors should buy Telix Pharmaceuticals Ltd (ASX: TLX) shares following the release of its half-year results. It has retained its buy rating with a trimmed price target of $19.00. It said: "FY25 was a challenging period by virtue to the two CRLs from the FDA and a stream of negative news flow – most recently the sudden resignation of the Chairperson. Nevertheless, the clinical programs are ongoing, and the company is well funded to continue these."

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

Bell Potter thinks Perpetual Ltd (ASX: PPT) could be worth a closer look, even after a softer quarter for the asset manager.

What is the broker saying about this ASX financial stock?

Bell Potter described the second quarter as underwhelming, driven by fund outflows in its Asset Management division and limited progress on the sale of its Wealth Management business. The broker said:

Overall this was an underwhelming quarter with lower AUM down 2% and limited progress on the sale of Wealth Management (WM). In Asset Management, AUM was A$227.5b vs A$232.0b at end of Q1. Outflows were A$7.8b or 3.4% of opening, with outflows concentrated at Barrow Hanley and TSW, (3.7% and 11.2% of opening values respectively).

Market and other movements were +A$5.4b or 2.3% of opening while FX moves were -A$2.1b (or 0.9% as the US$ weakened over the quarter. Performance fees are expected to be A$10m in H1.

But it wasn't all bad news. Bell Potter noted that parts of the business continued to grow, particularly within Corporate Trust:

Wealth Management Funds under Advice were flat at A$21.9b. Corporate Trust saw Funds under Administration grow 2.1% over the quarter to A$1.3trn, with Debt Market services up 2.8% and Managed Funds up 1%.

Costs remain under control

Bell Potter also highlighted that cost control remains a positive for the ASX financial stock, with currency movements helping keep expenses toward the lower end of guidance. The broker said:

FY26 costs are tracking at the lower end of the 2-3% guidance, helped by currency moves. The first half should be better than guidance. Significant items are expected to be between A$54-63m after tax, with no impairments. Excluding impairments, this level is slightly below the average of the last few half years.

Why Bell Potter is still a buyer

While Bell Potter trimmed its price target following forecast downgrades, it remains positive on Perpetual's valuation and longer-term strategy. The broker explained:

We remain positive on PPT, given what we consider an undemanding valuation. The drawn-out sale process for WM is disappointing, and we would like to see WM sold, debt reduced and management focused on delivering efficient and profitable growth.

We agree with the new CEO's strategy to take the initiative and find new strategies to add to existing platforms, and the inflows seen in the Perpetual Diversified Income Active ETF are encouraging.

According to the note, the broker has retained its buy rating on the ASX financial stock with a trimmed price target of $22.80 (from $25.00). Based on its current share price of $18.99, this implies potential upside of 20% for investors over the next 12 months.

In addition, Bell Potter is forecasting a generous 6.3% dividend yield in FY 2026, which boosts the total potential return to approximately 26%.

The post Forget CBA shares and buy this ASX financial stock appeared first on The Motley Fool Australia.

What did Perpetual report?

• Total assets under management (AUM) fell 1.9% to $227.5 billion at 31 December 2025.
• Net outflows of $7.8 billion, or $6.6 billion excluding cash, in the quarter.
• Corporate Trust's funds under administration (FUA) rose 2.1% to $1.31 trillion.
• Wealth Management's FUA remained flat at $21.9 billion.
• First-half 2026 performance fees expected to be about $10 million, mainly from J O Hambro and Perpetual Asset Management strategies.
• 1H26 significant items (post tax) are expected between $54 million and $63 million, with no impairments anticipated.

What else do investors need to know?

Perpetual's Asset Management division saw net outflows and unfavourable currency movements, partially offset by positive market moves. Barrow Hanley and J O Hambro both experienced outflows, while Perpetual Asset Management recorded net inflows on new fixed income strategies.

The Corporate Trust arm delivered growth across all major segments, with particular strength in Debt Market Services and Managed Fund Services. Digital and Market Assets under Administration jumped 4.1% to $585.8 billion.

Discussions are ongoing with Bain Capital Private Equity over the sale of the Wealth Management business. While advanced, there is still no certainty the deal will go ahead, and more information is expected at the half-year results in February.

What did Perpetual management say?

Chief Executive Officer and Managing Director Bernard Reilly said:

The quarter saw a mixed performance across our businesses. Corporate Trust performed strongly across all three of its segments, Asset Management was impacted by net outflows and Wealth Management was stable despite the ongoing sale process for the business.

What's next for Perpetual?

Perpetual will provide another update on the potential Wealth Management sale as part of its half year 2026 results, scheduled for 26 February 2026. Management remains focused on keeping expense growth below guidance and continuing investment in the Corporate Trust business.

The outlook includes careful management of costs, as the company tracks positively against its 2%–3% full-year expense growth guidance. Investors can also expect further updates on assets under management performance and progress across the group's individual boutiques.

Perpetual share price snapshot

Over the past 12 months, Perpetual shares have declined 14% trailing the S&P/ASX 200 Index (ASX: XJO) which has risen 6% over the same period.

View Original Announcement

The post Perpetual reports mixed results in FY26 second quarter update appeared first on The Motley Fool Australia.

What did Perpetual report?

• Continued exclusive sale discussions regarding the Wealth Management division with Bain Capital
• Exclusivity period extended into the first quarter of 2026
• No confirmation yet of a binding agreement or transaction value
• Company promises ongoing disclosure to shareholders

What else do investors need to know?

Perpetual first announced exclusive negotiations with Bain Capital Private Equity on 5 November 2025. Since then, talks have made progress, but the parties have agreed more time is needed to finalise any potential deal.

It's worth noting there is no certainty that these discussions will result in a sale, binding agreement, or completed transaction. Perpetual says it will keep shareholders and the market updated according to its continuous disclosure obligations.

What's next for Perpetual?

Perpetual's immediate focus is to continue progressing the negotiations with Bain Capital regarding the possible Wealth Management division sale. Management will provide further updates should a material deal be reached.

Looking ahead, Perpetual remains committed to its global asset management and corporate trust businesses, while reviewing options for unlocking value for shareholders through strategic initiatives.

Perpetual share price snapshot

Over the past 12 months, Perpetual shares have declined 7%, trailing the S&P/ASX 200 Index (ASX: XJO) which has risen 3% over the same period.

View Original Announcement

The post Perpetual extends exclusivity in Wealth Management sale talks appeared first on The Motley Fool Australia.

What did Perpetual report?

• Entered an Exclusivity Deed with Bain Capital for discussions on a potential sale of Wealth Management
• No binding agreement or guarantee any transaction will proceed at this stage
• Perpetual continues to fulfil its continuous disclosure obligations
• Shareholders will be kept updated with any material developments

What else do investors need to know?

This announcement comes after recent media speculation regarding the potential sale of Perpetual's Wealth Management division. The possible transaction is part of Perpetual's strategy to review its portfolio and maximise shareholder value, though no decisions have been finalised.

The rest of Perpetual's operations, including its Asset Management and Corporate Trust divisions, continue as normal. Investors should note that all discussions remain subject to further negotiation, due diligence, and approvals.

What's next for Perpetual?

Perpetual has stated it will keep shareholders informed in line with its ASX continuous disclosure obligations while discussions with Bain Capital progress. Investors should keep an eye out for further updates as talks continue.

In the meantime, Perpetual's management remains focused on running its multi-boutique asset management, wealth management, and trustee services operations effectively.

Perpetual share price snapshot

The Perpetual share price has declined 6% over the past 12 months, trailing the S&P/ASX Index (ASX: XJO) which has risen 8% over the same period.

View Original Announcement

The post Perpetual confirms talks with Bain Capital on Wealth Management sale appeared first on The Motley Fool Australia.

What did Perpetual report?

• Trading in Perpetual shares has been temporarily paused.
• No financial figures or results were disclosed as part of this announcement.
• The trading halt applies to all securities of Perpetual.
• Pause initiated after a company request, awaiting further information.

What else do investors need to know?

Perpetual shares are currently not trading while the company prepares its next update for the market. Trading halts are often called ahead of significant news or announcements, such as potential acquisitions or material events.

Investors can expect the company to provide more details about the reason for the pause in due course, in line with ASX disclosure requirements.

What's next for Perpetual?

Once Perpetual releases its next announcement, trading in PPT shares is likely to resume. Investors should keep an eye out for official updates, which will clarify the reasons behind the trading pause.

Staying informed through company releases and ASX announcements can help investors understand any potential impact on Perpetual Limited shares.

Perpetual share price snapshot

The Perpetual share price has declined 6% over the past 12 months, underperforming the S&P/ASX 200 Index (ASX: XJO) which has risen around 8% over the same period. 

View Original Announcement

The post Perpetual pauses trading ahead of announcement appeared first on The Motley Fool Australia.

But not every share on the index is on the same trajectory. In contrast, Perpetual Ltd (ASX: PPT) shares are changing hands 4.28% lower at $20.35 a piece, at the time of writing.

The share price spiked 3.05% higher at the close of the ASX yesterday following a positive first-quarter update. The financial services company announced its total assets under management (AUM) was 2.3% higher for the period despite net outflows and negative currency movements. Much of the growth was led by a 5.6% increase in AUM of its Barrow Hanley business.

Now, in a note to investors this morning, Macquarie Group Ltd (ASX: MQG) has released its latest outlook on Perpetual shares.

Here's what Macquarie expects next from the ASX 200 stock

The broker confirmed its outperform rating on Perpetual shares. It has also lowered its 12-month target price to $23.60, down from $23.95 earlier this month.

Despite the revision, at the time of writing this still represents a potential upside of around 16% for investors over the next 12 months.

"Valuation: We temper our SOTP-based TP to $23.60 (from $23.95), reflecting our earnings revisions. Our valuation is based on 12-mth forward PE of 9x for Asset Management, 20x for Corporate Trust and 8x for Wealth," Macquarie said in its investor note.

"Maintain Outperform rating. PPT has underperformed the market by ~7% since FY25 results on Aug-25, despite reporting Sep-25 FUM/FUA in line and a slightly better PAM net flows. We also see further cost-out opportunity above the $70-75m target, which could support medium-term earnings."

What else does the broker have to say about Perpetual?

Macquarie noted that the ASX 200 stock's asset management flows of -$2.2 billion are slightly improved for the September 2025 quarter. Macquarie estimated net outflows would be -$3.6 billion for the quarter, and market estimates were for a -$3.3 billion net outflow. Perpetual recorded a -$3.9 billion outflow in the June quarter.

Meanwhile, the broker also noted that Perpetual continues to pursue the sale of its wealth business.

"While FUA of $21.9bn was in line with MRE $22.0bn and Cons $21.8bn (average of FY25 and 1H26E), net inflows of +$0.1bn disappointed vs MRE +$0.37bn, likely reflecting the impact of the proposed sale of Wealth on flows. PPT confirmed it continues to pursue the sale of the Wealth division, although provided no further colour," it said.

The post This ASX 200 financials stock could spike another 16% appeared first on The Motley Fool Australia.

In morning trade, the ASX 200 financial stock is up 2% to $21.05.

What's going on with this ASX 200 financial stock today?

Investors have been buying the financial services company's shares this morning following the release of its first quarter update.

According to the release, Perpetual's total assets under management (AUM) was $232 billion at the end of September. This represents a 2.3% increase from the end of June.

Management notes that this reflects favourable market movements and distributions of $9.2 billion, which more than offset net outflows of $2.2 billion and negative currency movements of $1.7 billion.

Its average AUM was higher at $230.2 billion compared to $222.1 billion in the June quarter.

The star of the show for the ASX 200 financial stock was the Barrow Hanley business. Its AUM was $88.9 billion, which is an increase of 5.6% compared to the June quarter. This was driven by positive market movements of $4.8 billion and net inflows of $0.6 billion, partially offset by negative currency movements.

Barrow Hanley's net inflows were concentrated in the Global Value equity and Global ESG Value equity strategies. US Equities and Emerging Markets strategies experienced outflows in the quarter

Elsewhere, TSW's AUM increased 1.6% to $32 billion, Perpetual Asset Management's AUM lifted 2.5% to $22.5 billion, and Pendal's AUM rose 1.3% to $44.7 billion. This offset a 2.8% decline in JO Hambro AUM to $35.1 billion and a 1.3% reduction in Trillium's AUM to $8.8 billion.

The Corporate Trust segment performed positively during the quarter. It grew its funds under administration (FUA) by 1.2% to $1.29 trillion during the quarter.

Wealth management update

The ASX 200 financial stock's Wealth Management segment recorded a 2% lift in total FUA to $21.9 billion.

But how much longer this business will be part of Perpetual remains to be seen. Management confirmed that it continues to pursue the sale of the business and will keep the market updated on its progress.

Commenting on the quarter, Perpetual's CEO, Bernard Reilly, said:

It was a positive quarter for the business, with each of our three business lines reporting growth in assets managed, assets under advice or administration, largely benefiting from continued growth in the markets in which they operate.

Our Corporate Trust business delivered another quarter of growth in funds under administration (FUA), continuing its role as a strong market participant in both debt markets securitisation and managed funds services. We also added new clients in our Digital and Markets segment, which continues to provide diversification and growth opportunities for our business.

The post Which ASX 200 financial stock is pushing higher on 'positive quarter' appeared first on The Motley Fool Australia.

What did Perpetual report?

• Total group AUM rose 2.3% to $232.0 billion as at 30 September 2025, up from $226.8 billion at 30 June 2025
• Corporate Trust funds under administration reached $1.29 trillion, increasing by 1.2% over the quarter
• Wealth Management funds under advice grew to $21.9 billion, a 2% rise on the previous quarter
• Positive market movements and product innovation contributed to higher average AUM of $230.2 billion
• Key asset management boutiques, such as Barrow Hanley and Perpetual Asset Management, saw net inflows and positive market momentum

What else do investors need to know?

Perpetual launched its third active exchange traded fund, the Diversified Income Active ETF (ASX: DIFF), which has attracted early interest. Offshore, a new CEO has joined J O Hambro, with a focus on revitalising that business.

The company is advancing the sale of its Wealth Management business. Despite this ongoing process, Wealth Management delivered growth in funds under advice during the quarter. In Corporate Trust, new clients were secured by the Digital and Markets segment, underlining the group's efforts to diversify and grow.

What did Perpetual management say?

Commenting on the result, Chief Executive Officer and Managing Director Bernard Reilly said:

It was a positive quarter for the business, with each of our three business lines reporting growth in assets managed, assets under advice or administration, largely benefiting from continued growth in the markets in which they operate.

What's next for Perpetual?

Perpetual will continue to focus on product innovation and expanding its capabilities, with ongoing interest in new offerings like the DIFF ETF. The company remains committed to providing updates on the proposed sale of its Wealth Management business in line with continuous disclosure obligations.

Management is focused on supporting growth across all business lines, including Corporate Trust services and digital expansion, as well as strengthening investment performance in both domestic and offshore markets.

Perpetual share price snapshot

Perpetual shares are flat over the past year, trailing the S&P/ASX 200 Index (ASX: XJO) which has lifted around 8% over the same period.

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The post Perpetual posts solid Q1 FY26 business update as AUM rises appeared first on The Motley Fool Australia.

But which ASX dividend shares could be top picks for them this week?

Listed below are three that brokers are recommending as buys to their clients. Here's what they are bullish on:

Nick Scali Limited (ASX: NCK)

The team at Citi is positive on furniture retailer Nick Scali and has named it as an ASX dividend share to buy.

The broker thinks Nick Scali is well-positioned for growth in the coming years thanks partly to its expansion in the United Kingdom.

This is expected to support the payout of fully franked dividends of 66.6 cents in FY 2026 and then 80.7 cents in FY 2027. Based on its current share price of $22.14, this would mean dividend yields of 3% and 3.6%, respectively.

Citi currently has a buy rating and $24.40 price target on its shares.

Perpetual Ltd (ASX: PPT)

Another ASX dividend share that analysts are tipping as a buy is financial services company Perpetual.

Bell Potter is positive on the company. This is due partly to its belief that its transformation will deliver the goods for shareholders.

The broker recently stated that its analysts "anticipate that the sale of the Wealth Management business will free resource within the company, reducing net debt, and lower interest costs which in turn should free cashflow for dividends and reinvestment in the business."

Bell Potter expects this to support the payout of dividends per share of $1.25 in FY 2026 and then $1.38 in FY 2027. Based on its current share price of $20.65, this would mean dividend yields of 6% and 6.7%, respectively.

The broker currently has a buy rating and $24.00 price target on its shares.

Universal Store Holdings Ltd (ASX: UNI)

A final ASX dividend share that gets the thumbs up from analysts is Universal Store. It is the youth fashion retailer behind the Universal Store, Thrills, and Perfect Stranger brands.

Despite operating in a tough environment, the Universal Store was on form again in FY 2025 and delivered a strong result. The good news is that analysts expect more of the same this year and in the coming years thanks partly to the expansion of its footprint and the building of its online presence.

The broker expects this to underpin fully franked dividends of 36.8 cents per share in FY 2026 and 41.1 cents per share in FY 2027. Based on its current share price of $8.56, this equates to dividend yields of 4.3% and 4.8%, respectively.

Bell Potter has a buy rating and $10.50 price target on its shares.

The post Analysts think you will regret not buying these 3 ASX dividend shares soon appeared first on The Motley Fool Australia.

If you do, then it could be worth checking out the three ASX dividend stocks named below.

That's because they have been tipped as buys and forecast to offer attractive dividend yields by brokers. Here's what you need to know about these picks:

National Storage REIT (ASX: NSR)

National Storage could be an ASX dividend stock to buy according to analysts at Citi.

It is the largest self-storage provider in Australia and New Zealand. At the last count, it was providing tailored storage solutions to approximately 94,500 customers across over 275 centres.

The team at Citi believes falling cap rates and favourable supply-demand dynamics make National Storage a buy. Particularly given the positive medium-term outlook for the self-storage sector.

The broker expects this to underpin 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 $2.37, this equates to dividend yields of 5% and 5.3%, respectively, for income investors.

Citi currently has a buy rating and $2.80 price target on its shares. This implies potential upside of almost 20% for investors from current levels.

Perpetual Ltd (ASX: PPT)

Another ASX dividend stock that has been given the seal of approval from analysts is Perpetual.

It is one of Australia's leading financial services companies with total assets under management of $226.8 billion.

Bell Potter is positive on the company partly due to its belief that its transformation will deliver the goods in the coming years. They also "anticipate that the sale of the Wealth Management business will free resource within the company, reducing net debt, and lower interest costs which in turn should free cashflow for dividends and reinvestment in the business."

Bell Potter expects this to support dividends per share of $1.25 in FY 2026 and then $1.38 in FY 2027. Based on its current share price of $19.83, this would mean dividend yields of 6.3% and 7%, respectively.

The broker currently has a buy rating and $24.00 price target on its shares. This suggests that upside of 21% is possible over the next 12 months.

Rural Funds Group (ASX: RFF)

Bell Potter is also feeling bullish about Rural Funds and thinks it could be an ASX dividend stock to buy.

Rural Funds owns a diversified portfolio of farmland which is leased to high-quality tenants on long-term agreements. This includes cattle, vineyards, and cropping properties.

Bell Potter is forecasting dividends per share of 11.7 cents in both FY 2026 and FY 2027. Based on its current share price of $1.90, this would mean dividend yields of 6.15% for both years.

The broker currently has a buy rating and $2.45 price target on its shares. This implies potential upside of almost 30% for investors.

The post These excellent ASX dividend stocks could rise 20% to 30% appeared first on The Motley Fool Australia.

But which shares should you avoid this week? Let's take a look at three that analysts have named as sells, courtesy of The Bull.

Here's what they are feeling bearish on this week:

James Hardie Industries PLC (ASX: JHX)

The team at Ord Minnett isn't in a rush to buy this beaten down ASX 200 share despite its better than expected quarterly update.

The broker continues to rate it as a sell due to challenging conditions in the US building market. As a result, it thinks investors should be looking for opportunities elsewhere in the share market. It said:

JHX is a building products maker. The share price responded positively when the company recently announced an improving performance for siding and trim sales. Improving preliminary second quarter results announced on October 7 are subject to adjustment and will be officially confirmed in November, along with the company outlook.

Group net sales of $US900 million in the first quarter of fiscal year 2026 were down 9 per cent on last year's prior corresponding period. Net income of $US62.6 million was down 60 per cent. Softer conditions in the US building market were well flagged and remains a challenge. The shares jumped from $30.87 on October 6 to trade at $33.25 on October 9. However, the shares have fallen from $54.50 on January 20.

New Hope Corporation Ltd (ASX: NHC)

Another ASX 200 share that has been named as a sell is New Hope.

Analysts at EnviroInvest are bearish on the coal miner due to the poor outlook for coal demand. And while they see positives from its capital returns, it feels that the risks remain to the downside. They said:

The coal producer reported a strong performance in fiscal year 2025. It delivered increased production and an appealing final fully franked dividend of 15 cents a share. But, in our view, coal faces secular decline pressures and policy risk is intensifying. In our opinion, upside from capital returns and cyclical gains is modest relative to long term structural risks.

Perpetual Ltd (ASX: PPT)

The team at DP Wealth Advisory has named diversified financial services company Perpetual as an ASX 200 share to sell.

It notes that a rise in passive investing is weighing on active fund managers. It also feels there are better options out there in the industry. The broker explains:

This diversified financial services company provides asset management, private wealth and trustee services to Australian and international clients. Active fund managers have been under pressure in the past few years due to the rise in passive investing. PPT reported an underlying profit after tax of $204.1 million in fiscal year 2025, down 1 per cent on the prior corresponding period.

This was partially due to net outflows in the asset management business. A statutory loss after tax of $58.2 million was impacted by non-cash impairments of $134.6 million. The company's shares have fallen $24 on February 20 to trade at $20.04 on October 9. Other financial services companies have delivered stronger performances in a solid performing market.

The post Warning! Analysts name 3 ASX 200 shares to sell appeared first on The Motley Fool Australia.