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As the ASX 200 experiences a downturn, dropping by approximately 1.25% amid concerns over U.S. tariffs on Chinese goods affecting Australian commodities, investors are closely monitoring market movements across all sectors. In such volatile conditions, dividend stocks can offer a measure of stability and income potential, making them an appealing option for those seeking to navigate the current economic landscape.
Top 10 Dividend Stocks In Australia
Name | Dividend Yield | Dividend Rating |
IPH (ASX:IPH) | 7.32% | ★★★★★☆ |
Accent Group (ASX:AX1) | 6.44% | ★★★★★☆ |
Lindsay Australia (ASX:LAU) | 7.90% | ★★★★★☆ |
Lycopodium (ASX:LYL) | 7.42% | ★★★★★☆ |
MFF Capital Investments (ASX:MFF) | 3.77% | ★★★★★☆ |
Nick Scali (ASX:NCK) | 3.58% | ★★★★★☆ |
Grange Resources (ASX:GRR) | 9.09% | ★★★★★☆ |
Super Retail Group (ASX:SUL) | 8.33% | ★★★★★☆ |
Fiducian Group (ASX:FID) | 4.15% | ★★★★★☆ |
Premier Investments (ASX:PMV) | 6.17% | ★★★★★☆ |
Click here to see the full list of 35 stocks from our Top ASX Dividend Stocks screener.
Below we spotlight a couple of our favorites from our exclusive screener.
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$845.64 million.
Operations: Carlton Investments Limited generates 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 offers a mixed dividend profile, with a payout ratio of 72.5% indicating dividends are covered by earnings, and a cash payout ratio of 68.9% showing coverage by cash flows. However, its dividend yield of 3.25% falls short compared to top Australian payers. Although dividends have grown over the past decade, they have been volatile and unreliable at times. Recently, it declared an interim fully franked dividend of A$0.45 per ordinary share payable on March 24, 2025.
Helia Group
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Helia Group Limited, along with its subsidiaries, operates in the loan mortgage insurance sector mainly in Australia and has a market cap of A$1.66 billion.
Operations: Helia Group Limited generates its revenue through its involvement in the loan mortgage insurance business primarily in Australia.
Dividend Yield: 9.8%
Helia Group presents a high dividend yield of 9.82%, ranking in the top 25% of Australian payers, yet its dividends have been volatile and not well-covered by cash flows. Despite a low payout ratio of 1.3%, the sustainability is questionable due to earnings decline forecasts. Recent announcements include a special fully franked dividend of A$0.53 per share and an increased equity buyback plan from A$100 million to A$200 million, extending through June 2025.