ASX Stocks for Passive Income Seekers

Cash remains the king at all times and for investors seeking passive income these companies are proving that steady and growing dividends never lose their shine.

APA Group (ASX: APA)

keeps delivering improving results and giving stable income to its investors, maintaining its name as one of the most reliable passive income stocks.

For FY25, the company gave a total distribution of 57 cents per security which marks its 21st year in a row of increasing payouts and current annual yield is 6.29%.

Its underlying EBITDA went up by 6.4% to about $2.02 billion and free cash flow was $1.08 billion which helped in keeping a solid balance sheet with about $2.4 billion in liquidity.

APA expects its FY26 EBITDA to grow up to 7.2% and is planning to lift the distribution again to 58 cents per security. This is supported by a $2.1 billion growth pipeline across projects like the East Coast Gas Grid, Beetaloo Basin and new renewable energy sites.

Super Retail Group (ASX: SUL)

which owns brands like Supercheap Auto, Rebel, BCF and Macpac showed another strong performance in FY25 as it reported total sales of about $4.07 billion which is 4.5% higher than last year.

Its normalised NPAT stood at $232.4 million and operating cash flow stayed healthy at $577 million which helped the company to keep investing in new stores. 

The company gave out a fully franked final dividend of 34 cents per share which made the total ordinary dividend 66 cents per share along with a 30 cents per share special dividend making the current annual dividend yield to be 5.64%.

The company has a dividend policy of paying 55–65% of NPAT and it also has a clean balance sheet with zero debt and $63 million cash on hand. Going forward the company plans to open 23 more stores in FY26 and expects stable sales growth in all four main brands.

Smartgroup Corporation (ASX: SIQ)  

for the first half of FY25 reported revenue of about $159.1 million which is up 7% from last year and EBITDA of $63.6 million which increased 13%

Net profit after tax and amortisation (NPATA) went up 12% to A$38.1 million and operating cash flow was 138% of NPATA showing excellent cash generation ability.

Smartgroup announced an interim fully franked dividend of 19.5 cents per share giving a current annual yield of around 6.22%. This matches its plan to return between 60–70% of NPATA to shareholders. 

With customer numbers jumping 20% year on year and more than 80,000 novated leases under management, digital upgrades and EV-focused leasing platform are helping it stay strong.

Treasury Wine Estates (ASX: TWE)

had a great FY25 as the growth was mostly because of its focus on luxury brands and better performance in Asian markets.
The company made about $2.9 billion in sales which is up 7.2% from last year. EBITS went up 17% to $770.3 million and profit after tax increased 15.5% to $470.6 million. 

TWE announced a fully franked final dividend of 20 cents per share which makes the total for the year 40 cents which gives a current annual yield of 6.45%. The payout ratio is 69% and It also has a solid balance sheet with $1.2 billion in liquidity.

TWE is expecting another strong year in FY26 with double digit EBITS growth led by Penfolds premium wines, better U.S. distribution and higher margins.

(Source: Company Announcements)