
If you like the idea of earning an easy passive income, then ASX dividend shares are for you.
The hardest part is picking the best ones for your portfolio.
Here are three of my favorite high-yield ASX dividend shares. And they all pay a huge dividend of 9% or more.
Australian media giant Nine Entertainment underwent a strategic reshape of its business in the first half of FY26. This included a broad portfolio restructure, acquisitions and asset sales, and enhancements to its digital and streaming revenue.
The ASX dividend company acquired QMS Media, sold Nine Radio, and restructured its NBN and Darwin TV operations. It also sold its controlling stake in property platform Domain.
The $1.4 billion Domain deal allowed Nine to reduce debt and boost its balance sheet. It also meant it was able to return roughly $777 million (paying a special dividend at a rate of 49 cents per share) to investors in late-2025.
Nine's most recent dividend payment was 4.5 cents per share, unfranked, in April.
The ASX dividend company is expected to pay 9 cents per share for FY26. This translates to a forward dividend yield of around 9.6% at the current share price of 94 cents a piece, at the time of writing.
IPH provides intellectual property (IP) services through a network of global brands. The group operates across ten jurisdictions in 25 countries, making it the largest IP services provider in the Asia-Pacific region. Its services cover everything from patent filing and trademarks to prosecution, portfolio management, and enforcement. A significant share of its revenue comes from the Asia-Pacific market.
The ASX dividend company consistently generates a strong cash flow from its operations. The company reported cash conversion of 101% in its first-half FY26 results.
It is this strong cash flow that has enabled the company to pay a reliable, and constantly growing, dividend payment to its shareholders.
IPH's most recent interim dividend payment was 10 cents per share in March, up 11.8% on the prior period.
The ASX is expected to pay a fully-franked dividend of 38 cents per share in FY26. This translates to a forward dividend yield of 9.09% at IPH's $4.18 share price, at the time of writing.
YMAX is a little different from the others. Rather than a straight ASX company, it is an ASX-listed exchange-traded fund (ETF) that gives its shareholders exposure to Australia's 20 largest blue-chip shares.
The fund is heavily weighted into the financial sector, which accounts for 44.8% of its allocation at the time of writing. The materials sector is second, accounting for 24.5% of its allocation.
YMAX also differs from the two ASX dividend stocks above because it pays its shareholders on a monthly basis.
As of the 29th of May, YMAX ETF has a 12-month gross distribution yield of 9.7%, and a net yield of 8.2%. The total franking level of 41.3%.
The ASX dividend share's most recent dividend was a 4 cents per unit payment to shareholders today, 17th of June. It has paid between 3.5 cents and 5 cents per share since it moved to monthly payouts in February this year.
The post 3 ASX dividend shares yielding 9% (or even more) appeared first on The Motley Fool Australia.
Motley Fool contributor Samantha Menzies has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended IPH Ltd and Nine Entertainment. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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