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Why these ASX dividend shares could be buys for passive income

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Dividend Investing

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  • The first ASX dividend share to consider is Accent Group.
  • The company has a strong position in the Australian footwear market and a large store network that could benefit when consumer spending improves.
  • Morgans is expecting a franked 4.9 cents per share dividend in FY 2027.
  • What makes Cedar Woods attractive is its exposure to the country's ongoing need for housing.

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Which ones could be worth buying now?

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There are plenty of ASX dividend shares that could help investors build a passive income stream.

Let's take a look at three shares that could offer attractive income in the coming years.

The first ASX dividend share to consider is Accent Group.

Accent has been battling retail conditions, which have weighed heavily on earnings and its share price.

The company has a strong position in the Australian footwear market and a large store network that could benefit when consumer spending improves.

As a result, income investors may want to consider buying Accent shares while sentiment is weak and potentially benefit from a recovery in earnings and dividends.

Morgans is expecting a franked 4.9 cents per share dividend in FY 2027. Based on its current share price of 69 cents, this equates to a dividend yield of 7.1%.

What makes Cedar Woods attractive is its exposure to the country's ongoing need for housing.

A final ASX dividend share to look at is Woolworths.

Shortened to 1 minute of reading, this version reads 13.6 on the Niral Score.

You are reading our version, not theirs. This is The Motley Fool Australia's report shortened to its most important sentences, in plainer words, with verdicts and loaded words taken out. Plain description stays, and so do adjectives that carry a fact, such as "former" or "federal". The reporting, the facts and the quotations are theirs — quotations are never edited — and the indicators beside it measure this version. Hover or tap Adjectives to see every one left in the text.

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  • The Motley Fool Australia Why these ASX dividend shares could be buys for passive income plain
  • The Motley Fool Australia Should I buy Coles shares for passive income? plain

How each outlet filed it

Outlet Niral ScoreAdjectivesSourcingSentimentHappiness
The Motley Fool Australiaas they published this story 18.5 16 0 0.4 51.5
The Motley Fool Australia 16.3 16 45 -0.1 54.6
Mundane Readneutralized from The Motley Fool Australia 12.3 13 45 -0.1 54.6

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