Top 5 ASX Blue Chip Stocks for 2026
Written by
Varun Ratra
Following are five blue chip ASX stocks with strong business models and solid recent results.
1. Woolworths Group Limited (ASX: WOW)
Woolworths Group Limited (ASX: WOW) is one of the top blue chip ASX stocks for 2026, with a current market capitalisation of $46.75 billion and an annual fully franked dividend yield of 2.53%.
On 25 September 2026, Woolworths announced that it will hold its 2026 Annual General Meeting (AGM) on 29 October 2026.
Earlier, on 26 August 2026, the company announced its full-year results for the year ended June 2026. Group sales grew 3.6% YoY to $71.5 billion, while group EBIT increased 12.7% to $3.1 billion, led by stable growth across all segments.
Group NPAT rose 15.4% YoY to $1.6 billion, while ROFE increased 2.7% YoY to 16.4%.
Woolworths also increased its fully franked final ordinary dividend by 15.6% from the prior year to 52 cents per share.
The increase in the final dividend also highlights the income component that can be relevant when assessing established companies. Investors comparing different income-focused opportunities can explore ASX dividend stocks.
2. National Australia Bank Limited (ASX: NAB)
National Australia Bank Limited (ASX: NAB) is one of the top blue chip stocks, with a current market capitalisation of $118.93 billion and a current annual fully franked yield of 4.45%.
On 14 September 2026, NAB announced that it had issued ¥15 billion through subordinated notes at an initial coupon of 3.19% per annum, payable semi-annually, with maturity due in September 2036.
NAB had also announced its third-quarter trading update on 17 August 2026 for the period ended June 2026.
The bank reported net operating income of $5.55 billion, up 5% YoY. Gross loans and advances grew 6% YoY to $817.4 billion.
Unaudited statutory net profit rose 32% compared to 1H26 to $1.81 billion, while unaudited cash earnings grew 4% YoY to $1.83 billion.
The group's common equity tier 1 (CET1) ratio reached 11.93%.
3. Westpac Banking Corporation (ASX: WBC)
Westpac Banking Corporation (ASX: WBC) is one of the top blue chip ASX stocks, with a current market capitalisation of $116.73 billion and a current annual fully franked dividend yield of 4.51%.
On 10 August 2026, WBC announced its third-quarter update for the period ended 30 June 2026.
Net operating income reached $5.7 billion, with a net interest margin of 1.94%. Gross loans increased 7% YoY to $908 billion, while deposits also grew 7% YoY to $759 billion.
Unaudited statutory net profit reached $1.8 billion.
The overall CET1 capital ratio stood at 12.1%, with risk-weighted assets of $464.5 billion.
4. Rio Tinto Limited (ASX: RIO)
Rio Tinto Limited (ASX: RIO) is one of the top blue chip ASX stocks, with a current market capitalisation of $61.89 billion and a current annual fully franked dividend yield of 3.98%.
On 13 August 2026, Rio Tinto announced that it had secured a long-term deal with Tomago Aluminium.
Tomago Aluminium entered into a 10-year power purchase agreement for electricity supply to the smelter through to 2038, with the power to be supplied by 100% renewable sources from 2033.
The agreement includes an investment of $1.1 billion from now to 2038.
Earlier, on 29 July 2026, Rio Tinto announced its half-yearly results for the period ended June 2026.
Consolidated sales revenue grew 15% to US$31 billion, while underlying earnings grew 43% YoY to ~US$6.9 billion.
The company also announced an ordinary dividend of 211 US cents per share, representing a 43% increase YoY.
5. Telstra Group Limited (ASX: TLS)
Telstra Group Limited (ASX: TLS) is one of the top blue chip stocks, with a current market capitalisation of $53.24 billion and a current 90% franked annual dividend yield of 4.39%.
On 10 September 2026, Telstra announced that it had issued a $342 million bond with a maturity of seven years under Telstra's Debt Issuance Program Offering Circular dated 18 August 2026.
On 13 August 2026, Telstra Group Limited announced its FY26 financial results for the period ended June 2026.
The company reported total income of $23.4 billion for FY26. EBITDAaL increased 3% YoY to $8.2 billion, while NPAT grew 2.7% YoY to $2.4 billion.
EPS increased 5.3% to 19.9 cents per share. Telstra distributed a dividend of 21 cents per share, representing a 10.5% YoY increase.
Source: Company Announcements
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