Don't want to rely on your wage? Build a second income with these ASX shares

MotleyFool

Mar 21

Building a second income with ASX shares is a very attractive option because of how it can bolster our total income with virtually no extra effort. For many people's jobs, you need to work more hours ...

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Build a second income with these ASX shares","media":"MotleyFool","content":"<div>\n<p>Building a second income with ASX shares is a very attractive option because of how it can bolster our total income with virtually no extra effort. For many people's jobs, you need to work more hours ...</p>\n\n<a href=\"https://www.fool.com.au/2026/03/21/dont-want-to-rely-on-your-wage-build-a-second-income-with-these-asx-shares-3/\">Source Link</a>\n\n</div>\n","source":"motleyfoolau_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Don't want to rely on your wage? 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Build a second income with these ASX shares\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-03-21 03:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com.au/2026/03/21/dont-want-to-rely-on-your-wage-build-a-second-income-with-these-asx-shares-3/><strong>MotleyFool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Building a second income with ASX shares is a very attractive option because of how it can bolster our total income with virtually no extra effort. For many people's jobs, you need to work more hours ...</p>\n\n<a href=\"https://www.fool.com.au/2026/03/21/dont-want-to-rely-on-your-wage-build-a-second-income-with-these-asx-shares-3/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7145","symbol_name":"房地产开发","start_time":0,"source_url":"https://www.fool.com.au/2026/03/21/dont-want-to-rely-on-your-wage-build-a-second-income-with-these-asx-shares-3/","article_id":"2621759039","we_media_id":null,"thumbnails":[],"rights":{"source":"motleyfoolau_stock","url":"https://www.fool.com.au/2026/03/21/dont-want-to-rely-on-your-wage-build-a-second-income-with-these-asx-shares-3/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2621759039","pubTimestamp":1774035900,"columns":[],"sourceInfo":{"source_id":"motleyfoolau_stock","name":"MotleyFool"},"weMediaInfo":null,"summary":"Building a second income with ASX shares is a very attractive option because of how it can bolster our total income with virtually no extra effort. For many people's jobs, you need to work more hours to increase earnings.What sorts of ASX shares would make good investments for this objective?I'd go for businesses that have a clear objective to pay and grow dividends for shareholders.I think there are a few names that are very appealing because of how they're set up.This is my favourite ASX share option for a second income because of its commitment to increasing payouts.It's the business with the longest record of dividend growth on the ASX – it has increased its regular annual payout each year since 1998, which is a great record of stability.","collect":0,"end_time":0,"defaultTopTitle":"fool.com.au","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7145":"房地产开发","BK4159":"经销商","BGSX":"Build Acquisition Corp","BK7083":"煤与消费用燃料","LIC.AU":"Lifestyle Comnts","SOL.AU":"WASHINGTON H. SOUL PATTINSON","BK4585":"ETF&股票定投概念","BK4588":"碎股","BK7105":"多领域控股","CAGR":"California Grapes International, Inc.","VIG":"股利增长指数ETF-Vanguard","PGF.AU":"PM CAPITAL GLOBAL OPPORTUNIT"},"translate_title":"不想靠工资？利用这些ASX股票建立第二收入","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"VIG":0.76,"PGF.AU":1,"CAGR":1,"LIC.AU":1,"SOL.AU":1,"BGSX":1.5},"content_text":"Building a second income with ASX shares is a very attractive option because of how it can bolster our total income with virtually no extra effort. For many people's jobs, you need to work more hours to increase earnings.\nWhat sorts of ASX shares would make good investments for this objective? I'd go for businesses that have a clear objective to pay and grow dividends for shareholders.\nI think there are a few names that are very appealing because of how they're set up.\nImage source: Getty Images\nWashington H. Soul Pattinson and Co. Ltd (ASX: SOL)\nThis is my favourite ASX share option for a second income because of its commitment to increasing payouts.\nIt's the business with the longest record of dividend growth on the ASX – it has increased its regular annual payout each year since 1998, which is a great record of stability.\nThe business is an investment house that has been operating for over 120 years and has paid a dividend every year during that period, through wars, pandemics, recessions, and so on.\nIt has built its portfolio to include a range of sectors, including resources, telecommunications, agriculture, water entitlements, energy, swimming schools, financial services, industrial property, credit, and much more.\nSoul Patts has invested in numerous assets that can deliver earnings growth and enhance the portfolio's underlying value. That's a powerful combination for long-term investors who want income. The ASX share receives cash flow from its portfolio in the form of dividends, distributions and interest, which it uses to pay its own expenses, deliver a growing dividend and reinvest the rest in other opportunities for its portfolio.\nSince 1998, the company's ordinary dividend has increased at a compound annual growth rate (CAGR) of 10.5% (excluding $1.09 per share of special dividends). That's a strong growth rate for building a second income.\nAt the time of writing, Soul Patts has a grossed-up dividend yield of 3.75%, including franking credits.\nPM Capital Global Opportunities Fund Ltd (ASX: PGF)\nThis is a listed investment company (LIC) that focuses on international shares to build a diversified and strong-performing portfolio.\nLICs are great options for dividends because it's up to the board of directors to decide the level of payment, which can be useful for a stable, growing second income.\nBut this LIC doesn't usually invest in tech giants, which means we get different investment exposure than other typical internationally focused exchange-traded funds (ETFs) (and LICs).\nPM Capital Global Opportunities Fund is invested in areas like European banking, resources, healthcare, industrials, US banks, leisure and entertainment, consumer staples, Irish and Spanish housing, and more. It's an interesting mix of investments,\nThe LIC has performed strongly – in the last seven years, its portfolio has returned an average of 21% per year. But, past performance is not a guarantee of future returns.\nThe strength of the performance over the years has enabled the LIC to steadily increase its payout – dividends are paid from investment returns. Impressively, it grew its FY26 half-year payout by 27%. Since 2016, FY23 was the only year it didn't increase its payout (when it was maintained).\nIt expects to pay an annual dividend per share of at least 13.5 cents in FY26, which translates into a grossed-up dividend yield of 6.5% at the time of writing, including franking credits. That's a solid starting yield for building a second income, in my eyes.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}