Three ASX dividend stocks for long term passive income
Team Veye | 01-Sep-2025
Passive income seekers usually go for consistent dividend payers. The given stocks, although becoming ex dividend now, offer good opportunity to buy for regular income.
Aurizon Holdings (ASX: AZJ)
has reported underlying EBITDA of $1,576M for financial year 2025 which was down 3% from FY2024. Revenue was up by 3% at $3,952M and NPAT was down by 14% at $348M. The company also declared a fully franked final dividend of 6.5 cents per share totalling 15.7 cps for FY2025. An on market share buy back of up to $150 million was announced for FY2026. Segment highlights include higher Network EBITDA, flat Coal EBITDA and lower Bulk EBITDA with improved liquidity and continued investment in growth and cost reductions. FY2026 guidance expects higher EBITDA ($1,680–$1,750 million) and increased full year dividends (19–20 cps).
GR Engineering Services (ASX: GNG)
has reported its financial year 2025 revenue of $479.0M (up from $424.1M in FY24) and EBITDA of $57.2M. Net Profit After Tax was reported at $34.2M with a cash balance of $71.0M and negligible debt at year’s end. The Board has declared a fully franked final dividend of 12.0 cents per share taking total FY25 dividends to 22.0 cps. The board has also announced a Dividend Reinvestment Plan applies with a 2.5% discount. The company has successfully delivered major projects during the year and expects robust activity for FY26 based on a strong and growing order book.
Lion Selection Group (ASX: LSX)
has reported a strong investment performance which was driven by its Australian focused strategy since January 2022. The company has deployed $41M with the portfolio value growing to $77.7M. This was an 89% increase as of July 31, 2025. The company held $40.9M net cash and $91.4M in equity investments totalling $127.7M after tax. Lion's portfolio is largely concentrated in gold juniors and strategic micro cap resources companies which are positioned to benefit from a pending mining boom indicated by recent IPOs and M&A activity. Key investments include substantial positions in exploration and development stage companies such as Koonenberry Gold and Medallion Metals.
(Source: Company Announcements)
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