ASX shares with a dividend yield above 10%

These ASX-listed companies continue rewarding shareholders through regular dividends while also reporting positive business and operational progress.

Pepper Money Limited (ASX: PPM)

on 19 February 2026, reported CY2025 results with record Assets Under Management of $21.8 billion, up 14%, and record Originations of $10.3 billion, up 47% from CY2024. Statutory NPAT reached $104.6 million and Pro-forma NPAT was $104.8 million, both rising 7%. Pro-forma Profit before Tax and Loan Loss Expense increased 13% to $237.4 million.

Net Interest Margin improved 8 basis points to 2.05%. Asset Finance NIM increased to 2.85%, while Mortgage NIM was 1.54%. Total Operating Income rose 1% to $388.8 million and Other Operating Income grew 35% to $106.0 million. Loan losses as a percentage of Lending AUM moved from 0.40% to 0.55%.

Pro-forma Expenses fell 2% to $242.0 million and the Cost to Income ratio improved to 50.5%. Seven Whole Loan Sales and four Public Term Securitisations raised a record $7.0 billion. Warehouse capacity reached $13.3 billion. Company debt reduced to $97.5 million and a fully franked final dividend of 7.8 cents per share was declared.

Shaver Shop Group Limited (ASX: SSG)

on 26 February 2026, shared its H1 FY26 results.  SSG achieved sales of $128.6 million, improved 2.2%. In store sales increased 0.5%, online sales grew 7.4% and like for like sales rose 0.9%. Gross profit margin reached a record 46.5%, up 100 basis points, resulting in record gross profit of $59.8 million, driven mainly by the Transform-UTM private brand range.

EBIT increased 2.5% to $18.1 million, while NPAT rose 1.5% to $12.2 million. Operating cash flow was $36.9 million during the half. The company stated that sales, margins and earnings all improved compared with the prior corresponding period.

At 31 December 2025, net cash stood at $25.1M with no debt. A fully franked interim dividend of 4.8 cents per share was declared. The store network expanded to 126 locations with new stores in Bathurst and Albany. Another store is scheduled to open in March 2026 at Eastern Creek Quarter, alongside planned refits and relocations in H2 FY26.

Hearts and Minds Investments Limited (ASX: HM1)

on 11 June 2026, informed its portfolio focuses on 25–35 global companies chosen from high-conviction ideas of fund managers. The company does not charge investment fees and instead donates to Australian medical research organisations. In May 2026, the portfolio rose 6.7%, forward of the MSCI World Index gain of 4.5%. Since start, it has delivered an annualised pre-tax return of 10.2%.

The strongest performers in May were ACM Research, Morimatsu International, Monday.com, Steel Dynamics, adidas and Royalty Pharma. Brookdale Senior Living and Zillow Group were the weakest performers. The company also added Contemporary Amperex Technology in May, and the investment had gained 18% since purchase. The business is a major battery manufacturer with around 39% global market share in 2025.

(Source: Company Report)