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Buy Telstra and these ASX dividend stocks for passive income
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Are you wanting to give your income portfolio a boost?

If you are, then it could be worth checking out the three ASX dividend stocks in this article.

That's because they have been rated as buys by analysts and are being tipped to offer attractive dividend yields in the near term. Here's what you need to know about them:

Centuria Industrial REIT (ASX: CIP)

The team at UBS thinks that Centuria Industrial REIT could be an ASX dividend stock to buy.

It is a leading industrial property company that owns a portfolio of high-quality industrial assets. These assets are situated in urban infill locations throughout Australia where demand is strong.

UBS believes the company is positioned to pay dividends per share of 17 cents in FY 2026 and then 18 cents in FY 2027. Based on its current share price of $3.22, this would mean dividend yields of 5.3% and 5.6%, respectively.

The broker currently has a buy rating and $3.78 price target on its shares.

Telstra Group Ltd (ASX: TLS)

Another ASX dividend share that analysts are tipping as a buy is Telstra.

It is of course Australia's largest telecommunications provider, with leadership positions in mobile, fixed-line, and enterprise services. Its scale and network investments continue to support recurring revenue and cash generation.

The team at Macquarie is positive on the company following its half-year results. In response to the release, the broker has put an outperform rating and $5.44 price target on its shares.

With respect to dividends, Macquarie is forecasting fully franked payouts of 21 cents per share in FY 2026 and then 21.5 cents per share in FY 2027. Based on its current share price of $5.25, this would mean dividend yields of 4% and 4.1%, respectively.

Universal Store Holdings Ltd (ASX: UNI)

A third and final ASX dividend stock that analysts are tipping as a buy for income investors is Universal Store.

It is a growing youth fashion retailer behind the Universal Store, Thrills, and Perfect Stranger brands.

The team at Morgans is bullish on the company. It recently put a buy rating and $10.60 price target on its shares.

As for income, the broker expects fully franked dividends of 41 cents per share in FY 2026 and then 46 cents per share in FY 2027. Based on its current share price of $9.03, this equates to dividend yields of 4.5% and 5.1%, respectively.

The post Buy Telstra and these ASX dividend stocks for passive income appeared first on The Motley Fool Australia.

Motley Fool contributor James Mickleboro has positions in Universal Store. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Macquarie Group. The Motley Fool Australia has positions in and has recommended Macquarie Group and Telstra Group. The Motley Fool Australia has recommended Universal Store. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The Motley Fool's purpose is to help the world invest, better. Click here now for your free subscription to Take Stock, The Motley Fool's free investing newsletter. Packed with stock ideas and investing advice, it is essential reading for anyone looking to build and grow their wealth in the years ahead. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson. 2026

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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