ASX Upcoming Dividend Stocks For An Early Advantage

December is shaping up as a busy month for dividends on the ASX and these companies could be worth a closer look for investors who are looking for reliable passive income.

Transurban Group (ASX: TCL) 

Transurban Group had a decent September quarter as the group’s Average Daily Traffic grew by 2.7% to 2.6 million trips a day. 
The Melbourne traffic grew by 3.2%, Brisbane rose 2.6% and North America had the best growth of 6.8%.
The company has declared an unfranked dividend of 34 cents per share with ex-dividend date of 30 December 2025 while payment is scheduled on 24 February 2026 and translates to a yield of around 2.27%.

The company pays unfranked dividends on a semi-annual basis and in FY25, the total dividends per share amounts to 67 cents which is higher than the 64 cents it distributed in FY24.
TCL has maintained its FY26 distribution guidance at 69 cents per share which is 6% higher than FY25.

Premier Investments Limited (ASX: PMV) 

Premier Investments Limited has several retail fashion chains in Australia, New Zealand, Europe and Asia.
The net profit after tax for FY25 was $338.2 million which has grown by 31% growth from FY24 while total sales from continuing operations was $812.2 million.

The company has gone through a transformation following the sale of its Apparel Brands division to Myer and Profit before tax for the year dipped by 14.9% due to one-off separation costs.
The company has declared a fully franked final dividend of 50 cents per share with an ex-dividend date of 11 December 2025 while payment is scheduled on 23 January 2026 which amounts to a yield of around 3.26%.

Metcash Limited (ASX: MTS) 

Metcash Limited has shown good performance in the first half of FY26 as total revenue including charge through sales reached $9.6 billion which grew by 0.4% from last year.
EBITDA grew by 2% to $367.2 million and operating cash flow was $262.3 million which shows the improving working capital management.

The company declared a fully franked interim dividend of 8.5 cents per share with an ex-dividend date of 12 December 2025 and payment is scheduled on 28 January 2026 which amounts to a yield of 2.49%.
The company has been scaling its B2B marketplace which is expected to contribute about 30% of group sales by early 2026.

Rural Funds Group (ASX: RFF) 

Rural Funds Group is one of Australia’s well known agricultural real estate investment trusts which owns a diversified portfolio of assets and has an impressive weighted average lease term of 13.9 years
RFF delivered adjusted funds from operations of 11.5 cents per unit in FY25 which was slightly ahead of the forecast of 11.4 cents per unit.

The company has declared an unfranked dividend of 2.9 cents per security with ex-dividend date of 30 December 2025 while payment is scheduled on 30 January 2026 and translates to a yield of around 1.50%.
RFF expects adjusted funds from operations to rise slightly to 11.7 cents per unit in FY26 with the help of built in rental growth mechanisms.

(Source: Company Reports)