Top 5 ASX Fully Franked Dividend Stocks 2026

The following five ASX fully franked dividend stocks are worth watching as they offer impressive dividend amounts and gives exposure to different industries that have their own strengths and growth potentials.

Best Performing Stocks

Harvey Norman Holdings Limited (ASX: HVN)

Harvey Norman Holdings Limited (ASX: HVN) is engaged in retail and franchise business, property development and digital systems. For FY26, it declared a fully franked dividend of 27.5 cents per share and current annual yield is 6.17%. It has a market capitalisation of $5.54B.

For FY26, the company reported a 3.1% increase in its total system sales revenue to $9.64B with a 5% increase in EBITDA to $1.18B as compared to previous year. Its profit after tax and non-controlling interests for the year was $528.46M. As at 30 June 2026, it had total assets of $8.85B and its cash balance at the end of year were $298.58M representing a 6.9% increase as compared to previous year.

HVN is focused on building a scalable platform for long term growth in the UK. It is also continuing to build its foundation in West Midlands and has finalised to full-format in Northern Ireland. It expects its growth to be supported by technology-led categories including Next Gen-AI products and devices and opening new stores across international markets.

Bendigo and Adelaide Bank Ltd (ASX: BEN)

Bendigo and Adelaide Bank Ltd (ASX: BEN) provides a range of banking and other financial services. For FY26, it declared a fully franked dividend of 63 cents per share and current annual yield is 5.81%. It has a market capitalisation of $6.30B.

During the quarter ended September 2026, the company reported an 18.5% increase in its cash earnings after tax from $95.1M in H2FY26 (quarterly average) to $112.7M in Q1FY27 and its statutory net profit after tax was $66M. Its customer deposits also grew to $74.3B and its operating expenses were 5.8% lower than the 2HFY26 quarterly average.

BEN is progressing the building of digital onboarding capability for its Business & Agribusiness sole trader customers which is expected to be released in Q2FY27. For FY27, the company will revise the basis for financial reporting by presenting disclosures on a cash basis, including notable items.

Metcash Limited (ASX: MTS)

Metcash Limited (ASX: MTS) is a wholesale distribution and marketing company. It operates in Australia and a smaller liquor business in New Zealand. For FY26, it declared a fully franked dividend of 18 cents per share. It has a market capitalisation of $3.67B.

For FY26, the Group reported a revenue of $19.6B and its EBIT was $503.7M followed by 1.9% increase in EBITDA to $761.7M. Its operating cash flow remained strong at $558M and its underlying profit after tax was $268.8M whereas its earnings per share were 24.5 cents. MTS reported leverage of 1 which was at the low end of the target range.

The Group’s strategy remains centred on Winning with Independents. It is also focused on optimising the performance of its existing businesses. MTS continues to invest in digital and data capabilities and building a modern, AI-ready operating environment in partnership with Microsoft and investing in order to make the business more scalable for the future.

Mcmillan Shakespeare Limited (ASX: MMS)

Mcmillan Shakespeare Limited (ASX: MMS) operates in salary packaging, novated leasing, disability plan management, support co-ordination, asset management and related financial products and services. For FY26, it declared a fully franked dividend of $1.32 per share and current annual yield is 6.97%. It has a market capitalisation of $1.31B.

For FY26, the company reported a 6.8% increase in revenue to $602.1M along with 14.1% surge in EBITDA to $180.7M. It recorded a statutory net profit after tax of $106.7M and a dividend yield of 6.6% followed by underlying earnings per share of $1.55 per share.

MMS expects a supportive environment for the growth of its business that was supported by 14% increase in the novated sales momentum in Q1FY27 and certainty on EV FBT exemption and shifting vehicle preference towards EVs in novated and fleet along with demand for salary packaging with continued cost of living and inflationary pressure. The company will continue to deliver productive gains and engage on emerging NDIS reforms.

Ampol Limited (ASX: ALD)

Ampol Limited (ASX: ALD) is an independent Australian company and operates transport energy in Australia and New Zealand. For H1FY26, it declared a fully franked interim dividend of $1.85 per share and current annual yield is 6.79%. It has a market capitalisation of $8.58B.

For H1FY26, the company’s Replacement Cost Operating Profit (RCOP) EBITDA was recorded at $1.64B representing a 152% increase as compared to prior corresponding year followed by a 376% surge in RCOP net profit after tax to $0.86B and its RCOP EBIT was $1.39B. ALD reported a statutory net profit after tax of $1.36B.

Ampol saw a stronger start to the second half than same time last year which was underpinned by refiner margin strength. Its net capex for 2026 is expected to be $600M and is expected to step down in 2027 with the completion of FCCU T&I and ULSF spend. It is also focusing on growing its convenience store business and is progressing its EG Australia integration activities.

(Source: Company Announcements)