Top 3 ASX Dividend Stocks to Add in Your SMSF : APA Group, Transurban and Telstra

A self-managed super fund (SMSF) allows individuals to manage their retirement savings and make investment decisions tailored to their financial goals. Building a diversified portfolio with established companies is essential for long-term wealth creation.

Here are three ASX-listed companies operating in infrastructure and telecommunications - APA Group, Transurban Group, and Telstra Group—that offer stable recurring revenue streams and attractive long-term growth opportunities for SMSF investors.

1. APA Group (ASX: APA)

Strategic Acquisitions and Project Highlights

On 30 September 2026, APA Group (ASX: APA) announced that it entered into a definitive agreement with CS Energy to acquire an 80% stake in the Brigalow peaking power station. The 400MW gas-fired facility is located near Chinchilla, adjacent to CS Energy's Kogan Creek power station. The project involves a total investment of approximately $1.27 billion, with APA contributing around $1.015 billion towards its ownership share, financed through its existing balance sheet capacity.

FY26 Financial Performance

The company showcased outstanding operational and financial performance for FY26:

• Statutory Revenue: Reached $2.76 billion.

• Underlying EBITDA: Increased to $2.18 billion.

• EBITDA Margin: Improved significantly from 74.2% in FY25 to 77.9% in FY26.

Dividend Profile and Market Position

The company has a market capitalisation of around $14.24 billion with a stable partly franked dividend yield of 5.42%, supported by a recent final payout of 30.5 cps on 16 September.

As one of the major energy infrastructure companies in Australia, APA benefits from rising electricity demand and the critical need for reliable household energy. Furthermore, the high capital expenditure required for entry creates a strong barrier against new participants.

2. Transurban Group (ASX: TCL)

Corporate Acquisitions and Project Milestones

On 1 October 2026, Transurban Group (ASX: TCL) announced an agreement with the Canada Pension Plan Investment Board (CPPIB) to acquire its 25% interest in North Western Roads Group (NWRG) and its 10.5% interest in Sydney Transport Partners (STP). Following this acquisition, Transurban's ownership interest will increase to 75% of NWRG and 60.5% of STP.

Additionally, the Drive TN Consortium reached commercial close on the I-24 Southeast Choice Lanes project in Nashville, Tennessee. This 26-mile project will add tolled managed lanes in both directions between Nashville and Murfreesboro to improve travel reliability and reduce congestion.

Financial Position and SMSF Appeal

The company commands a market capitalisation of around $40.41 billion with an unfranked dividend yield of 5.32%, supported by a final payout of 35 cps on 28 August.

As Australia’s largest toll road operator, Transurban directly benefits from population growth and urbanisation, which drive continuous demand for road infrastructure. The business generates stable, recurring revenue and features a very high replacement cost, positioning it as an ideal holding for SMSFs.

3. Telstra Group Limited (ASX: TLS)

FY26 Full-Year Results

On 13 August 2026, Telstra Group Limited (ASX: TLS) announced its June-ending FY26 results, highlighting a strong year:

• EBITDA: Increased by 3% to $8.92 billion.

• NPAT: Reached $2.4 billion.

• EPS: Rose by 5.3% to 19.9 cps.

Strategic Growth and Network Expansion

The company’s mobile service revenue grew across all products, and its infrastructure business continues to expand, supported by rising demand in the AI era. During the year, TLS laid important foundations for its Connected Future 30 strategy by upgrading nearly 1,200 mobile sites with 5G Advanced capabilities and building more than 150 new mobile sites. Total strategic investment, including Viasat, is expected to reach around $1.8 billion from FY23 to FY28.

Dividend Profile and Market Position

The company has a market capitalisation of around $54.13 billion with a dividend yield of 4.32%, supported by a recently paid final dividend of 10.5 cps on 24 September.

As Australia's largest telecommunications provider, Telstra earns revenue primarily from mobile subscriptions, broadband services, and connectivity solutions. Its continued investment in network coverage and 5G, combined with high industry capital expenditure barriers for new entrants, ensures stable, recurring revenue generation suitable for long-term SMSF portfolios.

(Source: Company Announcements)