A dependable ASX dividend stock to buy with $20,000 right now

MotleyFool

Mar 25

If I'm putting a meaningful amount of money into an ASX dividend stock, I want one thing above all else. Confidence. Not just in the next dividend, but in the business' ability to keep paying and ...

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Confidence.  Not just in the next dividend, but in the business' ability to keep paying and ...</p>\n\n<a href=\"https://www.fool.com.au/2026/03/25/a-dependable-asx-dividend-stock-to-buy-with-20000-right-now/\">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>A dependable ASX dividend stock to buy with $20,000 right now</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nA dependable ASX dividend stock to buy with $20,000 right now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-03-25 00:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com.au/2026/03/25/a-dependable-asx-dividend-stock-to-buy-with-20000-right-now/><strong>MotleyFool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>If I'm putting a meaningful amount of money into an ASX dividend stock, I want one thing above all else. Confidence.  Not just in the next dividend, but in the business' ability to keep paying and ...</p>\n\n<a href=\"https://www.fool.com.au/2026/03/25/a-dependable-asx-dividend-stock-to-buy-with-20000-right-now/\">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":"BK7501","symbol_name":"新冠治疗股","start_time":0,"source_url":"https://www.fool.com.au/2026/03/25/a-dependable-asx-dividend-stock-to-buy-with-20000-right-now/","article_id":"2622091965","we_media_id":null,"thumbnails":[],"rights":{"source":"motleyfoolau_stock","url":"https://www.fool.com.au/2026/03/25/a-dependable-asx-dividend-stock-to-buy-with-20000-right-now/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2622091965","pubTimestamp":1774369800,"columns":[],"sourceInfo":{"source_id":"motleyfoolau_stock","name":"MotleyFool"},"weMediaInfo":null,"summary":"If I'm putting a meaningful amount of money into an ASX dividend stock, I want one thing above all else. Confidence.  Not just in the next dividend, but in the business' ability to keep paying and gro","collect":0,"end_time":0,"defaultTopTitle":"fool.com.au","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7501":"新冠治疗股","BK7040":"食品零售","BK4588":"碎股","BK4585":"ETF&股票定投概念","WOW.AU":"WOOLWORTHS GROUP LTD","VIG":"股利增长指数ETF-Vanguard","BK7511":"ESG概念"},"translate_title":"立即以20,000美元购买可靠的ASX股息股票","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"VIG":1.5,"WOW.AU":1},"content_text":"If I'm putting a meaningful amount of money into an ASX dividend stock, I want one thing above all else. Confidence.  Not just in the next dividend, but in the business' ability to keep paying and growing those dividends over the next decade or even beyond. That's why I keep coming back to supermarket giant Woolworths Group Ltd (ASX: WOW). At a share price of $36.41 at the time of writing, I think it stands out as a dependable option for income-focused investors right now. Image source: Getty Images A business built on everyday spending Woolworths sits at the centre of one of the most consistent parts of the Australian economy.  People need groceries and household goods regardless of what's happening with interest rates, markets, or economic cycles. That creates a level of demand that is relatively stable compared to many other industries. What I like is how Woolworths has built around that core. Its scale, supply chain, and store network give it a strong competitive position. That helps support margins and cash flow, which ultimately underpin its ability to pay dividends.  A growing dividend profile According to CommSec, consensus estimates point to Woolworths paying fully-franked dividends of $1.03 per share in FY26, then $1.14 per share in FY27, and finally $1.28 per share in FY28.  At the current share price, that puts it on a forward dividend yield of around 2.8% for FY26, rising to roughly 3.5% by FY28 if those forecasts are met.  It may not be the highest-yielding stock on the ASX, but that's not really the point here. For me, it's about consistency and growth. What $20,000 could generate in this ASX dividend stock If you invested $20,000 into Woolworths shares today at $36.41, you'd be able to buy approximately 549 shares. Based on FY26 dividend estimates of $1.03 per share, that would generate around $565 in annual income. Looking ahead, if dividends grow to $1.28 per share by FY28, that same investment could generate roughly $700 per year. And importantly, those dividends are expected to be fully franked, which can add additional value for Australian investors. Foolish Takeaway Woolworths may not offer the highest dividend yield on the ASX, but I think it offers something more important. Reliability.  With a strong market position, consistent earnings, and growing dividends, I think it looks like a solid option for investors looking to put $20,000 to work in a dependable ASX dividend stock right now.","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"}}}