Telstra and Transurban Group analyzed for dividend yields

Telstra Group Ltd and Transurban Group are highlighted as notable ASX-listed companies for investors focusing on dividend yields and stability.

Telstra, Australia’s largest telecommunications provider, is characterized as a defensive stock due to the essential nature of its mobile and fixed-line internet infrastructure. Based on a share price of approximately $4.98, the company is projected to pay a total dividend of 20 cents per share in FY26 and 21 cents per share in FY27. To generate $10,000 in annual passive income under the FY26 forecast, an investor would need to hold roughly 50,000 shares.

Transurban Group, which manages urban toll road networks across Australia, Canada, and the United States, currently shows a dividend yield of approximately 4.26%. This figure is higher than its five-year average of 3.64%, suggesting the stock is trading at a higher yield than its historical norm.