3 ASX High-Yield Stocks Income Investors Should Know About

Top three high-yield dividend stocks supported by new business opportunities, strong fundamentals and a stable long-term outlook.

HomeCo Daily Needs REIT (ASX: HDN)

One of the high-yield-paying stocks listed on the ASX with a current unfranked dividend yield of 7.71% and a market capitalisation of $2.33B.

HDN had announced on 13 August 2026 its FY26 results for the period ended on June 2026. Revenue from ordinary activities increased by 4% YoY to $379.4M, and comparable property NOI also increased by 4% YoY to $298.7M. The portfolio value reached $5.2B (+6% YoY), and the tenant count is ~1,350. The occupancy remains at 99% with rent collection reaching more than 99%, and the market-leading leasing spread is up by 5.9%.

HDN's statutory profit showed a massive increase of 44% YoY to $361.6M. The FFO reached $187.1M, and FFO per unit reached 9 cents per share, with distribution reaching 8.6 cps. Cash and cash equivalents doubled to $38M, and investment properties reached $5B, making total assets of $5.26B. Total borrowing increased to $1.89B with gearing of 35.7% and NTA per unit of $1.56.

HDN is expecting the property portfolio to continuously perform well in FY27, with comparable property NOI growth of 4% in FY27. The management highlights higher financing costs will reduce the FFO by approximately 2%. HDN expects FY27 FFO per unit of 8.8 cents and DPU of 8.6 cents.

IPH Limited (ASX: IPH)

One of the high dividend yield stocks listed on ASX with a current partly franked dividend yield of 11.49% and a market capitalisation of $858.58M.

IPH had announced on 20 August 2026 its full-year results for the period ended on June 2026. Revenue reached $712.8M, reflecting continued growth in Canada. The Canada segment grew by 8.6% YoY, offsetting the decline in the Asia segment (-0.2% YoY) and the ANZ segment (-0.8% YoY).

IPH's underlying EBITDA stood at $205.9M with an EBITDA margin of 28.9%. The underlying NPATA is up by 1.7% YoY to $122.7M, with statutory NPAT increased by 16.9% YoY to $80.4M, and statutory basic EPS grew by 19.8% YoY to 30.9 cps.

The cash conversion ratio reached 110.1%, operating cash flow increased by $151.4M, and there was a free cash flow of $135.9M. Cash and cash equivalents reached $59.8M, net working capital of $154.6M and net debt of $316.5M with a leverage ratio of 1.8x.

IPH is focusing on sustainable organic growth, taking advantage of IPH’s international platform and harnessing technology, data and AI with disciplined execution and operational excellence.

Transurban Group (ASX: TCL)

One of the high-yield industrial stocks listed in ASX with a current unfranked annual dividend yield of 4.95% and a market capitalisation of $43.51B.

TCL had announced on 20 August 2026 that Driven TN Consortium (DriveTN) has been selected as the best proposal to deliver Tennessee's I-24 Choice Lanes project.

DriveTN, which includes Ferrovial, Transurban and Tikehau Star Infra, has to design, build, finance, operate and maintain the new I-24 Choice Lanes. The 26-mile project will add Choice Lanes in both directions along I-24 between Nashville and Murfreesboro, improving mobility along one of the region’s most congested corridors.

The project has an estimated construction value of ~US$9.2 billion and a total concession value of ~US$24.8 billion. The gearing and capital structure remain subject to availability of concessional government funding, which will be finalised by financial close (expected mid-2027).

Conclusion

These three are the top high dividend yield stocks, supported by recent strong results, new contracts and stable long-term outlook. HDN delivered a strong operational as well as financial performance, led by earnings growth and stable occupancy. IPH’s Canada segment demonstrated strong performance, helping the overall group to deliver stable and sustainable earning growth. TCL's recent announcement will uplift its revenue growth and create another value-accretive growth opportunity in North America.

(Source: Company Announcements)