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3 great dividend stocks with 6% yields to boost passive income in FY27

The Motley Fool·08/24/2026 21:43:54
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For many years, income investors have looked to specific sectors to find strong dividend stocks. 

Income investors have long looked to energy, banks and insurance because these industries tend to generate substantial, recurring cash flows that can support attractive dividend payouts. 

Energy companies can benefit from strong cash generation when commodity prices are favourable, while banks and insurers typically return a meaningful share of their earnings to shareholders once capital requirements are met. 

Their established business models, mature markets and history of shareholder distributions have made all three sectors longstanding sources of dividend income.

Right now, there are three dividend stocks from these industries providing strong yields. 

Bendigo and Adelaide Bank Ltd (ASX: BEN)

Bendigo and Adelaide Bank has been making headlines this week after releasing its FY26 results. 

The bank delivered cash earnings of $530.2 million for FY26, up 3.0%, with a fully franked final dividend of 33 cents per share.

This means Bendigo Bank shares are currently trading on a trailing dividend yield of roughly 6%. 

This is outpacing the big four banks, as well as much of the ASX financials sector. 

For prospective investors, the shares are scheduled to trade ex-dividend on 1 September. 

This means you will need to own shares by the end of August to be eligible to receive this payout.

Ampol Ltd (ASX: ALD)

Ampol is the largest, and only Australian-listed, petroleum refiner and distributor in the country, with around 2,000 branded Ampol service stations across all states and territories.

It has also been turning heads this week after delivering a strong first half for 2026, with a 245% jump in RCOP EBIT to $1,392 million. 

Even more exciting for income investors was the announcement that the interim dividend more than quadrupled to 185 cents per share.

This significantly increased new dividend now gives the company a much-improved forward yield of 6%.

Medibank Pvt Ltd (ASX: MPL)

Turning attention to Australia's largest health insurance provider, MediBank. Last week, the dividend stock announced that its full-year dividend will increase by 6.7% to 19.2 cents per share, fully franked.

While the yield is enticing, the most attractive aspect of this dividend stock may be its consistency. 

It has increased its dividend every financial year (except for FY20) since its listing in FY15.

Based on the current share price, it has a FY26 grossed-up dividend yield of 6%, including franking credits. 

The post 3 great dividend stocks with 6% yields to boost passive income in FY27 appeared first on The Motley Fool Australia.

Motley Fool contributor Aaron Bell has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has positions in and has recommended Bendigo And Adelaide Bank. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The Motley Fool's purpose is to help the world invest, better. Click here now for your free subscription to Take Stock, The Motley Fool's free investing newsletter. Packed with stock ideas and investing advice, it is essential reading for anyone looking to build and grow their wealth in the years ahead. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson. 2026