Top 3 Dividend-Paying ASX Stocks in 2026: BHP, Woodside & Fortescue Deliver Strong FY26 Results

These companies are top dividend-paying ASX stocks supported by strong performance and growth outlook for the future.

BHP Group Limited (ASX: BHP)

is one of the best dividend paying ASX stocks with an annual fully franked dividend yield of 3.19% and market capitalization of $311.74B.

BHP has announced its FY2026 results for the year ended June 2026 on 18 August 2026. BHP Group has delivered solid operational performance being the world’s largest copper producer with copper production of ~2 Mt. Iron ore production increased by 1% to 263 Mt. Steelmaking coal was up 3% YoY to 18.6 Mt and energy coal was up 9% to 16.4 Mt.

Group's revenue increased by 15% YoY to US$58.8B in which profit from operations reached US$23.9B marking an increase of 23% YoY. Underlying EBITDA increased by 27% YoY to US$32.9B with an EBITDA margin of 59% (+600 bps YoY). BHP reported attributable profit of US$9.8B which is an increase of 9% YoY.

Woodside Energy Group Limited (ASX: WDS)

is one of the best dividend paying ASX stocks with an annual fully franked dividend yield of 5.03% and market capitalisation of $61.97B.

WDS had announced on 29 July 2026 its second quarterly report for the quarter ending June 2026. Woodside quarterly operating revenue grew by 28% QoQ to reach $4.185B with a strong average price of $85/boe which was up 355% QoQ. Total quarterly production volumes stood at 41.3 MMboe due to planned maintenance at Pluto Train 1 and recovery from cyclone impacts.

WDS has achieved exceptional operational reliability of more than 99% at Sangomar and Shenzi and more than 97% at the North West Shelf Project LNG and Pluto LNG.

The Scarborough Energy Project is 98% completed and is on track for first LNG cargo in Q4 2026. The Trion Project progressed to 64% completion and targets first oil in 2028. The Louisiana LNG Project is targeting its first LNG in 2029.

Fortescue Limited (ASX: FMG)

is one of the best dividend paying ASX stocks with an annual fully franked dividend yield of 5.03% and a market capitalisation of $54.65B.

FMG had announced on 31 July 2026 its quarterly production report for the period ended June 2026, delivering strong operational performance with total ore shipment increase by 9% QoQ to 52.7 million tons (Mt) in Q4 FY26, contributing to a record annual shipment of 201.3 Mt in FY26. The iron bridge concentrate reached 2.7 Mt for the quarter and 9 Mt for the year which is an increase of 27% YoY.

The FMG Leading Safety Index (LSI) reached 172 and a Total Recordable Injury Frequency Rate (TRIFR) reached 1.3 for the 12 months to 30 June 2026.

Fortescue reported a cash balance of US$5.1B compared to $4.2B in March 2026 led by strong cash flow generation ability. Gross debt reached US$55.8B and net debt of US$0.8B. FMG has done a capex and investment of US$1.1B for the quarter and US$3.6B for the year.

Conclusion

These are the top three dividend paying companies listed on the ASX, supported by strong operational as well as financial performance. The recent results show that they are fundamentally strong with a solid balance sheet and growth outlook, reinforcing investors’ confidence for mid to long term value creation.

(Source: Company Announcements)