April 2026 could be one of the best months this year (along with March) to buy ASX dividend shares because of the market volatility and better yields on offer.
I’m going to talk about two ideas that have large dividend yields and I’m projecting they will continue to grow their payouts.
Future Generation Global Ltd (ASX: FGG)
I like being able to invest in listed investment companies (LICs) because of how they can decide to steadily increase the dividend, while also providing good diversification.
The Future Generation Global LIC is invested in a number of international share-focused funds, giving Aussies exposure to thousands of underlying shares.
Each manager is investing with their own style, so investors own a range of underlying investments, whether that’s tech shares, value shares and so on. That’s marvellous diversification for the ASX dividend share.
At the end of February 2026, it was able to report that its portfolio had returned an average of 15% per year over the prior three years, which is a great return for funding larger payouts.
There are no management costs involved in Future Generation Global because it donates 1% of its average monthly net assets to a variety of youth-focused social impact partners like Reachout, Youth Opportunities and Smiling Mind.
Ignoring the special dividend it declared for FY25, its regular FY25 dividend yield is around 7.5%, when including the bonus of franking credits. The business has grown its annual dividend each year since growth started in 2019.
WCM Global Growth Ltd (ASX: WQG)
The other ASX dividend share I want to highlight is also a LIC. This one is managed by a single funds management team and I think they’re well worth the management costs paid because of the investment style and the success.
WCM wants to find global shares that have improving competitive advantages (economic moats) and have a culture at the company that helps those competitive advantages at the business continue to strengthen.
Some of the main sectors it’s currently invested in are IT, industrials and healthcare shares, which I believe are great areas to find high-quality ideas.
Its performance in the last few years has been impressive, with an average net return of 24.2% in the last three years, though I’m not expecting the level of performance to continue as strongly as that.
WCM Global Growth’s annual dividend per share has steadily increased since FY19 when it began to deliver payouts.
Its FY26 second quarter dividend of 2.16 cents per share translates into an annualised dividend yield of well over 7%, including the bonus of franking credits.
The ASX dividend share’s quarterly dividend is growing every quarter, which is great for income investors.
