There are some wonderful ASX dividend shares that income-focused investors can buy in October 2026.
Here are two of the best options for dividends, in my opinion.
Washington H. Soul Pattinson and Co. Ltd (ASX: SOL)
Soul Patts, as it calls itself now, is a company that operates as an investment house. Some people suggest the business operates as a family office – it invests in a variety of areas for the long-term.
It doesn’t invest for short-term timeframes and it’s not in danger of investors withdrawing money because it’s a permanent pool of capital. Meanwhile, many fund managers have to operate with the prospect of potential withdrawals if their performance is weak, which can influence how they invest.
Soul Patts is invested in areas like listed companies, fixed income, private companies, credit, emerging companies and ‘real assets’ (such as real estate).
The fixed income segment is a new one that the company has formed because of how high interest rates and bond yields have risen. So, it can generate a good return on its cash, including the $1.9 billion after the sale of property to Goodman Group (ASX: GMG).
Soul Patts has grown its dividend each year since 1998 – it’s the only ASX share that has grown the dividend for more than 25 years in a row.
With an increasing focus on international investments, I think the ASX dividend share will become even more attractive as time goes on.
It currently has a dividend yield of 3.5%, including the franking credits.
Charter Hall Long WALE REIT (ASX: CLW)
Property is not a popular investment right now, but I think that makes this the right time to look at the sector.
It may be hard to narrow it down to one type of property to invest in, so why not invest in a real estate investment trust (REIT) that invests in a diversified portfolio across a range of assets?
Charter Hall Long WALE REIT is invested in real estate like hotels, service stations, grocery and distribution, data centres and telecommunications, offices, food manufacturing and plenty more.
By investing in a diversified portfolio, we can benefit from the ASX dividend share’s rental income coming from a variety of areas, reducing the risk of being too exposed to one particular area.
It provides investors with a 100% distribution ratio – it pays out all of its rental profit – creating a large distribution yield.
The business expects to pay an annual distribution of $0.255 per security, which is a future distribution yield of 8%.
