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As the Australian market navigates a challenging landscape with the ASX200 down 0.6% and nearly all sectors showing declines, investors are keeping a close eye on economic indicators both locally and abroad. In this environment, dividend stocks can offer stability through regular income streams, making them an attractive option for those looking to weather market volatility.
Top 10 Dividend Stocks In Australia
| Name | Dividend Yield | Dividend Rating |
| Nick Scali (ASX:NCK) | 4.36% | ★★★★★☆ |
| Fiducian Group (ASX:FID) | 4.47% | ★★★★★☆ |
| Super Retail Group (ASX:SUL) | 7.79% | ★★★★★☆ |
| MFF Capital Investments (ASX:MFF) | 3.00% | ★★★★★☆ |
| National Storage REIT (ASX:NSR) | 4.64% | ★★★★★☆ |
| Premier Investments (ASX:PMV) | 4.19% | ★★★★★☆ |
| Sugar Terminals (NSX:SUG) | 7.77% | ★★★★☆☆ |
| Santos (ASX:STO) | 7.03% | ★★★★☆☆ |
| Ricegrowers (ASX:SGLLV) | 5.39% | ★★★★☆☆ |
| Grange Resources (ASX:GRR) | 10.00% | ★★★★☆☆ |
Click here to see the full list of 31 stocks from our Top ASX Dividend Stocks screener.
We'll examine a selection from our screener results.
Bendigo and Adelaide Bank
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Bendigo and Adelaide Bank Limited provides banking and financial services to retail customers and small to medium-sized businesses in Australia, with a market cap of A$7.57 billion.
Operations: Bendigo and Adelaide Bank Limited generates revenue from its Consumer segment (A$1.12 billion), Business & Agribusiness segment (A$761.10 million), and Corporate segment (A$67.50 million).
Dividend Yield: 4.7%
Bendigo and Adelaide Bank's dividend payments have been unreliable over the past decade, with notable volatility including annual drops exceeding 20%. Despite this, the bank maintains a reasonable payout ratio of 65.4%, suggesting dividends are currently covered by earnings and forecasted to remain so in three years at 72.7%. Trading at a discount to its estimated fair value, BEN's current dividend yield of 4.71% is below Australia's top-tier payers.
Nine Entertainment Holdings
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Nine Entertainment Co. Holdings Limited operates in the broadcasting and program production sectors, offering services across free-to-air television, video on demand, and metropolitan radio networks in Australia, with a market cap of A$2.06 billion.
Operations: Nine Entertainment Co. Holdings Limited generates revenue through its segments, including Stan (A$447.73 million), Publishing (A$558.63 million), Broadcasting (A$1.23 billion), and Domain Group (A$395.73 million).