4 ASX Dividend Shares to Hold

High-quality dividend stocks can play an important role in long-term investing because they provide steady income and also allow investors to benefit from compounding over time.

The following ASX high-quality dividend stocks may appeal to investors who seek reliable passive income along with gradual capital growth over the long-term.

Transurban Group (ASX: TCL)

Transurban Group (ASX: TCL) is a high-quality ASX dividend stock which is supported by stable toll road assets and predictable cash flows across Australia and North America.

The company in 1H26 reported strong results with proportional total revenue of about $2.02 billion and proportional operating EBITDA of $1.545 billion which reflects continued traffic growth and disciplined cost control.

Transurban distributes unfranked dividends on a semi-annual basis and the stock currently offers an annual dividend yield of about 4.73%.

The company has reiterated FY26 distribution guidance of 69 cents per security which represents growth from the previous year because strong free cash flow and expanding EBITDA margins support the payout.

Transurban also benefits from inflation linked toll pricing and a large infrastructure project pipeline which supports steady long-term growth and reliable dividends.

Yancoal Australia Limited (ASX: YAL)

Yancoal Australia Limited (ASX: YAL) is one of the best high- quality ASX dividend stocks and in 2025 reported revenue of about $5.95 billion and operating EBITDA of $1.44 billion which reflects solid performance despite lower coal prices during the year.

The company also achieved record operational performance with 67.0Mt of ROM coal production and 38.6Mt of attributable saleable production which highlights the scale and efficiency of its mining operations.

The stock currently offers an annual dividend yield of around 9.27% which makes it one of the most attractive passive income opportunities on the ASX because of consistent cash flow and a disciplined payout policy.

The company expects attributable coal output of 36.5–40.5Mt in 2026 which together with large-scale low-cost mines could support dividends and make the stock a compelling long-term income investment.

Telstra Group Limited (ASX: TLS)

Telstra Group Limited (ASX: TLS) remains one of the high- quality dividend stocks on the ASX because of strong earnings growth and a dominant position in Australia’s telecommunications sector.

The company in 1H26 reported total income of about $11.8 billion and a net profit after tax close to $1.2 billion. These results reflect stable operations which were supported by growth in mobile services and careful cost control.

Underlying EBITDA after leases rose 5.5% to about $4.2 billion while Cash EBIT increased 14% to $2.5 billion which shows strong profitability and efficient use of capital.

Telstra has current annual yield of about 3.84%. Dividends are fully franked and paid twice a year which makes the stock appealing for investors who focus on steady income.

ANZ Group Holdings Limited (ASX: ANZ)

ANZ Group Holdings Limited (ASX: ANZ) is one of the best big banks at current valuation right now and remains one of the high-quality dividend stocks on the ASX.

The bank in its first quarter 2026 trading update reported statutory profit of about $1.87 billion and cash profit of $1.94 billion.

Operating income rose to about $5.7 billion while return on tangible equity improved to 11.7% which shows stronger profitability and better operational efficiency.

The bank also holds a strong capital buffer. Its CET1 ratio stands at 12.15% which gives room to support loan growth and at the same time reward shareholders.

The stock offers a current annual dividend yield of 4.43% which makes it appealing for investors who focus on passive income.

(Source: Company Reports)