Best 3 ASX dividend stocks for passive income investors

Healthy yields and durable business models make these three ASX stocks attractive options for passive income focused investors.

Bravura Solutions Limited (ASX: BVS) 

on 11 February 2026 reported a strong 1H26 result as revenue grew 9.8% year-on- year to $140 million and underlying NPAT was up 71% to $25.9 million which was driven by better pricing and steady demand from existing customers.

Underlying Cash EBITDA increased to $34.2 million with a 24% margin while recurring revenue rose 5% to $81.3 million which now represents 58% of total revenue.
The current market capitalisation stands at $856.25 million while the balance sheet remains strong with $64.5 million in cash and no debt which gives flexibility for capital returns and future growth plans.

The company distributes unfranked dividends and offers an annual yield of 7.82% while upgraded FY26 guidance of $265 million to $275 million in revenue and $55 million to $65 million in Cash EBITDA shows confidence in the future earnings.

Tower Limited (ASX: TWR) 

achieved a record FY25 result with underlying NPAT of $107.2 million and reported profit of $83.7 million which is due to strong underwriting discipline.

Gross written premium increased to $600 million while customer numbers rose 4% to 318000 which was supported by 11% growth in house policies because the company focused on lower risk properties.

Tower pays unfranked dividends and the company follows a clear dividend policy which targets 60% to 80% of adjusted earnings.

The company declared a final dividend of 16.5 cents per share which brought total dividends for FY25 to 24.5 cents per share.
Management expects underlying NPAT for FY26 to be between $55 million and $65 million with GWP growth of 5% to 10% which will be driven by customer growth and strategic partnerships.

APA Group (ASX: APA) 

released its 1H26 results on 19 February 2026 and reported another solid half year performance which was supported by resilient infrastructure assets and disciplined cost control.
Underlying EBITDA rose 7.6% to $1,092 million while EBITDA margin expanded to 77.3% which reflects inflation linked tariff increases and corporate cost reductions of 13.6%.

Free cash flow remained stable at $556 million even though interest and tax payments were higher and more than 90% of APA’s revenue is inflation linked.
Distribution per security increased to 27.5 cents for the half while FY26 guidance was reaffirmed at 58 cents which shows management’s focus on steady income growth.

The current annual yield is 6.27% and key growth projects such as the East Coast Gas Grid expansion, the Sturt Plateau Pipeline and the proposed Brigalow Peaking Power Plant position the group to benefit from Australia’s long-term energy transition.

(Source: Company Reports)