Your 10 most-tipped ASX income stocks for 2026

All in all, Australian income investors ate well once again in 2025. Many of the ASX's traditional dividend powerhouses delivered solid yields this year, even if most of their total returns instead came from strong share price performance. 

But as my colleague Stephanie Gardner wrote in her roundup of how your most-tipped income stocks performed in 2025, "income investing in 2025 proved more dynamic than many expected."

It was also a year where the RBA finally started a rate-cutting cycle, reducing the cash rate three times.

While the RBA is likely done cutting for now (and even a potential hike back on the cards for 2026), it does mean investors may need to be a bit more front-footed when it comes to finding good income going forward.

And that brings us to the most-tipped ASX income stocks for 2026, as voted for by Livewire and Market Index readers.

2026 Outlook Series survey results

More than 4,000 of you voted in this year's survey and the results are now in. 

You can see your top 10 most-tipped ASX income stocks for 2026 in the table below. We've also included the rest of the top 20 at the bottom of this wire. 

Please note: We are sharing information from the Livewire and Market Index readerships by publishing this list. We hope it inspires ideas for your investment research. This information is not, nor is it intended to be, a set of recommendations. Please do your own research and seek advice from a professional.

Key takeaways

CBA stands alone

Last year, Macquarie, Westpac, and NAB joined CBA in the top 10 list. This year, Australia's biggest bank is the only one to make the cut, retaining its position at number one with 7.85% of the vote. 

After an extremely eventful year that saw CBA shares reach as high as $190 (the ASX's "most hated rally", according to Atlas's Hugh Dive), it will be interesting to see what it delivers in 2026.

Resources remain popular

After all landing in your top five most-tipped income stocks for 2025, BHP, Fortescue and Woodside have solidified their places at the top of list for 2026, suggesting investors are expecting another big year from some of the ASX's big resources names.

The three collectively returned an average total return of 17.82% in 2025, with an average dividend yield of 8.16%. Can they do the same in 2026?

Turning to the experts 

Three new entrants in the top 10 come in the form of GQG Partners, Soul Patts and WAM Capital, listed investment companies that you're backing to deliver in 2026.

GQG Partners was the only stock on the list with a negative return in 2025, while WAM Capital was one of the best performers. Will they share the same fates next year? 

Key metrics

(Source: Sharesight, data as of 22 December 2025.)

• Average share price return: 10.47%
• Average dividend yield: 7.36%
• Average total return: 17.83%
• Best performer (total return): APA Group (36.77%)
• Worst performer (total return): GQG Partners (-2.02%)
• Sector breakdown: Financials (4), Materials (2), Energy (1), Utilities (1), Telecommunications (1), Consumer Staples (1)

The top 20

To round out the list of your most-tipped income stocks for 2026, here are the stocks that came in at 11 to 20.

There's no surprises that the rest of the Big Four banks make an appearance, with Macquarie just sneaking in at 18 (down from 7th last year).

What do you think of the top 10?

Did your favourite income stock make the list? Are there any shock admissions (or inclusions)? Let us know in the comments below.