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  • 2 ASX Dividend Shares for Reliable Passive Income: Telstra and Woolworths
    May 27, 2026, 6:24 PM EDT. Dividend investing requires more than chasing high yields; sustainability matters. Telstra (ASX: TLS) offers a defensive income play with its essential telecommunications services and strong mobile network, despite growth and regulatory risks. Woolworths (ASX: WOW), a supermarket giant, benefits from steady demand for groceries and essentials, backed by scale and trusted brand. Both companies provide franked dividends and resilience through economic cycles, making them reliable choices for investors seeking stable, passive income on the ASX.