ASX Stocks Offering Fully Franked High Yield Dividend

Woodside Energy Group Limited (ASX: WDS)

Woodside Energy Group Limited (ASX: WDS) has consistently paid fully franked dividends for many years which reinforces its appeal among income focused investors and the stock currently offers an annual dividend yield of 6.47%.

The company delivered a strong performance in 2025 as full year production reached a record 198.8 million barrels of oil equivalent which was above its stated guidance range.

Quarterly production stood at 48.9 MMboe while key assets such as Pluto LNG achieved 100% reliability for the second straight quarter which underlines the strength of operations across the portfolio.

The Scarborough Energy Project was 94% complete at year end and remains on track for its first LNG cargo in Q4 2026 while the Louisiana LNG project reached 22% completion with first LNG expected in 2029.

For the December 2025 quarter, the company reported total revenue of US$3,035 million with an average realised price of US$57 per barrel of oil equivalent which reflects softer oil linked and gas prices.

Production guidance for 2026 is set between 172 and 186 MMboe with capital expenditure projected in the range of US$4.0 billion to US$4.5 billion as major projects move closer to completion.

WAM Leaders Limited (ASX: WLE)

WAM Leaders Limited (ASX: WLE) delivered a strong first half FY26 result as its investment portfolio rose 8.4% for the six months to 31 December 2025 and outperformed the S&P ASX 200 Accumulation Index by 4.8%.

Operating profit before tax increased 185.4% to $137.0 million while operating profit after tax climbed 157.2% to $99.9 million for the half year which reflects a sharp rise in earnings compared to the prior period.

The company has now paid fully franked dividends for eight consecutive years which shows a consistent capital return policy and the current annual dividend yield stands at an impressive 6.81%.

As at 31 December 2025, pre-tax net tangible assets were $1.32 per share while the current stock price is $1.38 and the company has continued with its active allocation strategy which is based on macroeconomic conditions.

Fortescue Limited (ASX: FMG)

Fortescue Limited (ASX: FMG) has paid fully franked dividends for many years now which reinforces its appeal among income focused investors and the stock currently offers an annual dividend yield of 5.19%.

The company delivered a strong performance in H1 FY26 as total iron ore shipments reached a record 100.2 million tonnes which was 3% higher than the prior first half.

Quarterly shipments for Q2 FY26 stood at 50.5 million tonnes while the Iron Bridge operations achieved a significant 37% increase in first half volumes.

The decarbonisation strategy reached a key milestone with the delivery of the first large-scale 250MWh battery energy storage system at North Star Junction as the company progresses toward a 4-5GWh rollout.

For the December 2025 quarter, the company reported Hematite average revenue of US$93 per dry metric tonne and maintained a robust financial position with a cash balance of US$4.7billion and net debt reduced to US$1.0 billion as at 31 December 2025.

(Source: Company Reports)