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3 strong ASX dividend shares for income investors

The Motley Fool·11/09/2026 19:31:00
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If you're looking to build a reliable stream of dividend income, the ASX has plenty of shares worth considering.

Listed below are three businesses with dependable cash flows and potentially the ability to maintain their payments through different economic conditions.

Let's see why they could be worth considering right now:

APA Group (ASX: APA)

APA Group could be a great option for income investors seeking dependable dividends.

The energy infrastructure giant owns an extensive network of gas pipelines, electricity transmission assets and power generation facilities across Australia.

Many of these assets operate under long-term contracts or regulated arrangements, giving APA considerable visibility over future revenue and cash flows.

And that has allowed the company to establish an impressive dividend record. In FY 2026, APA increased its annual dividend to 58 cents per share, marking its 22nd consecutive year of dividend growth.

Management is forecasting another increase to 59 cents per share in FY 2027, which would represent a dividend yield of approximately 5.3% at recent prices.

With inflation-linked revenue increases and a $3.5 billion pipeline of growth projects planned for FY 2027 to FY 2029, APA appears well positioned to continue rewarding shareholders.

HomeCo Daily Needs REIT (ASX: HDN)

For investors seeking a larger income stream, HomeCo Daily Needs REIT could be worth considering.

The property group owns a $5 billion+ portfolio of shopping centres and other retail properties focused on everyday consumer needs.

Its tenants include supermarkets, healthcare providers, and other businesses that people continue visiting regardless of economic conditions. This focus has helped HomeCo maintain occupancy rates above 99% since listing.

Looking ahead, management expects to maintain its annual dividend at 8.6 cents per share in FY 2027. Based on recent prices, this represents a generous dividend yield of approximately 7.4%.

Although higher financing costs could weigh on near-term earnings, the group's strong occupancy and rental growth give it a solid foundation for supporting future payments.

Transurban Group (ASX: TCL)

Finally, Transurban could be another strong addition to an ASX dividend share portfolio.

The toll road operator owns and manages major transport infrastructure across Australia and North America, including some of the busiest roads in Sydney, Melbourne and Brisbane.

One advantage of these assets is their ability to generate recurring revenue from motorists using essential transport routes. Many of Transurban's tolling arrangements also allow regular price increases, helping protect revenue against inflation.

During FY 2026, the company reported a 6.7% increase in proportional toll revenue and lifted its annual dividend to 69 cents per share.

Looking ahead, management expects to increase its FY 2027 dividend to 72 cents per share. That equates to a forward dividend yield of approximately 4.9%.

With traffic growth, inflation-linked toll increases and the contribution from recently opened infrastructure projects, Transurban could offer investors a winning combination of income and long-term dividend growth.

The post 3 strong ASX dividend shares for income investors appeared first on The Motley Fool Australia.

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Transurban Group. The Motley Fool Australia has positions in and has recommended Apa Group and Transurban Group. The Motley Fool Australia has recommended HomeCo Daily Needs REIT. 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