2 ASX dividend shares with yields above 8%

Following are the top 2 ASX stocks with a high current annual dividend yield of more than 8%, supported by recent results, solid business fundamentals, and a growth-led outlook.

Regal Partners Limited (ASX: RPL) is one of the high dividend-paying ASX stocks with a current fully franked annual dividend yield of 13.43% and is currently trading with a market capitalisation of $836.50 million.

RPL had released its Morgans Conference Presentation on 14 October 2026. It has a scaled and growing alternative manager fund under management (FUM) of $21.9 billion. It includes a hedge fund FUM of $11.6 billion, credit & royalties FUM of $7.6 billion, real & natural assets FUM of 1.6 billion and growth equity FUM of $1.1 billion.

The normalised management & loan fee revenue has grown 2.2x from $96.6 million in June 2024 to $216.9 million in June 2026, which is 1.07% of average FUM. Normalised performance fee revenue has grown more than 3.3x from $76.5 million in June 2024 to $252.0 million in June 2026.

Normalised NPAT has shown a massive growth of 2.7x from $78.7 million in June 2024 to $209.1 million in June 2026. Net FUM inflows have grown 3.2x, with a gross inflow of $1.5 billion in June 2024 to $2.2 billion in June 2026. The normalised diluted EPS increased 2x to 48.3 cents per share, and the dividend reached 27 cents per share for June 2026, with a dividend payout ratio of 55%.

Regal Partners 2H26 priorities include maintaining strong FUM momentum, as it has done a net inflow of $0.7 billion in the September 2026 quarter. Regal Partners has launched the Multi-Strategy Income Fund in September 2026. It is also expected to further strengthen its pipeline and continue the disciplined approach to capital management.

Pepper Money Limited (ASX: PPM) is one of the top financial service companies with a high dividend yield. It has a current annual fully franked dividend yield of 8.74% and has a market capitalisation of $770.69 million.

PPM had announced on 20 August 2026 its 1H 2026 results for the period ended June 2026. Total assets under management (AUM) reached $24 billion, up 20% year-on-year and 10% compared to 2H2025.

Mortgage AUM increased by 32% year on year to $12.5 billion. Asset Finance AUM closed at $6 billion, following the execution of a $1 billion Whole Loan Sale in May 2026. Servicing AUM grew by $1.1 billion on the prior corresponding period to $5.5 billion.

Originations grew by 40% from 1H 2025 to $6.3 billion. Mortgage originations rose up 63% from the previous corresponding period to $4.5 billion, and asset finance reached $1.7 billion.

Net interest income increased by 17% compared to the prior corresponding period to $184.5 million. The total net interest margin reached 2.10%. The asset finance NIM reached 2.87%, and the mortgage NIM reached 1.64%.

Total operating income grew by 10% compared to the previous corresponding period to $204 million. Pro forma NPAT increased by 15% from 1H 2025 to $53.9 million. Statutory NPAT grew by 7% from 1H 2025 to $50.4 million.  

(Source: Company Announcements)