Telstra and Transurban Group highlighted for dividend yields

Telstra Group Ltd and Transurban Group are being highlighted for their roles in Australian income portfolios. Telstra, Australia’s largest telecommunications company, provides essential mobile and internet services with a network covering 99.6% of the population. Analysts suggest Telstra may offer steady passive income, with consensus estimates projecting fully-franked dividends of 22 cents per share in FY27 and 22.5 cents in FY28, representing prospective yields of approximately 4.5% to 4.6%.

Transurban Group, which manages urban toll road networks in Australia, Canada, and the United States, currently shows a dividend yield of around 4.68%. This figure is higher than its five-year average of 3.64%, indicating the stock is trading at a higher yield than its historical norm.