In This Article:
As the Australian market sees a positive shift with the ASX200 closing up 0.69% at 8,126 points, investors are taking note of strong performances in sectors like IT and Real Estate. In this environment, dividend stocks can offer a compelling opportunity for those seeking steady income streams amidst fluctuating sector performances.
Top 10 Dividend Stocks In Australia
| Name | Dividend Yield | Dividend Rating |
| Bisalloy Steel Group (ASX:BIS) | 9.62% | ★★★★★☆ |
| IPH (ASX:IPH) | 7.66% | ★★★★★☆ |
| Accent Group (ASX:AX1) | 7.01% | ★★★★★☆ |
| Sugar Terminals (NSX:SUG) | 8.20% | ★★★★★☆ |
| Super Retail Group (ASX:SUL) | 8.87% | ★★★★★☆ |
| Lindsay Australia (ASX:LAU) | 6.90% | ★★★★★☆ |
| MFF Capital Investments (ASX:MFF) | 3.90% | ★★★★★☆ |
| Nick Scali (ASX:NCK) | 3.37% | ★★★★★☆ |
| Lycopodium (ASX:LYL) | 7.10% | ★★★★★☆ |
| Fiducian Group (ASX:FID) | 4.52% | ★★★★★☆ |
Click here to see the full list of 29 stocks from our Top ASX Dividend Stocks screener.
Let's uncover some gems from our specialized screener.
Aspen Group
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Aspen Group (ASX:APZ) is a leading provider of quality accommodation in residential, retirement, and park communities, with a market cap of A$620.49 million.
Operations: Aspen Group's revenue segments include quality accommodation offerings in residential, retirement, and park communities.
Dividend Yield: 3.2%
Aspen Group's dividend payments are supported by a payout ratio of 58.5% and a cash payout ratio of 72.9%, indicating coverage by both earnings and cash flows. However, its dividend yield of 3.24% is lower than the market's top quartile, and past dividends have been volatile with occasional drops over 20%. Despite these concerns, Aspen trades at a discount to its estimated fair value and has shown recent earnings growth with net income rising to A$31.17 million for H1 2025.
-
Navigate through the intricacies of Aspen Group with our comprehensive dividend report here.
-
Our valuation report here indicates Aspen Group may be undervalued.
Carlton Investments
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Carlton Investments Limited is a publicly owned asset management holding company with a market cap of A$835.80 million.
Operations: Carlton Investments Limited generates its revenue primarily through the acquisition and long-term holding of shares and units, amounting to A$42.01 million.
Dividend Yield: 3.3%
Carlton Investments' dividends are supported by a payout ratio of 72.5% and a cash payout ratio of 68.8%, ensuring coverage by earnings and cash flows. Despite past volatility with annual drops over 20%, recent increases include a fully franked interim dividend of A$0.45 per ordinary share. The current yield is 3.29%, below the top quartile in Australia, but earnings have grown steadily, reaching A$20.3 million for H1 2025, up from A$19.68 million previously.