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As the ASX 200 futures signal a sharp decline, mirroring Wall Street's recent downturn and global market uncertainties, Australian investors are closely watching how local shares respond amidst inflation concerns and upcoming earnings reports. In this volatile environment, dividend stocks can offer a measure of stability and income potential, making them an attractive option for those seeking reliable returns in uncertain times.
Top 10 Dividend Stocks In Australia
| Name | Dividend Yield | Dividend Rating |
| IPH (ASX:IPH) | 7.17% | ★★★★★☆ |
| Lindsay Australia (ASX:LAU) | 7.00% | ★★★★★☆ |
| Lycopodium (ASX:LYL) | 7.40% | ★★★★★☆ |
| Nick Scali (ASX:NCK) | 3.51% | ★★★★★☆ |
| MFF Capital Investments (ASX:MFF) | 3.49% | ★★★★★☆ |
| Super Retail Group (ASX:SUL) | 8.50% | ★★★★★☆ |
| Fiducian Group (ASX:FID) | 4.00% | ★★★★★☆ |
| Premier Investments (ASX:PMV) | 5.97% | ★★★★★☆ |
| National Storage REIT (ASX:NSR) | 4.93% | ★★★★★☆ |
| Australian United Investment (ASX:AUI) | 3.50% | ★★★★☆☆ |
Click here to see the full list of 32 stocks from our Top ASX Dividend Stocks screener.
Below we spotlight a couple of our favorites from our exclusive screener.
Aspen Group
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Aspen Group (ASX:APZ) is a prominent provider of quality accommodation in residential, retirement, and park communities with a market cap of A$556.23 million.
Operations: Aspen Group generates revenue by offering quality accommodation solutions within residential, retirement, and park communities.
Dividend Yield: 3.6%
Aspen Group's dividend payments have been volatile over the past decade, with a current yield of 3.61%, below the top quartile in Australia. Despite this, dividends are covered by earnings (58.5% payout ratio) and cash flows (72.9% cash payout ratio). Recent financials show improved revenue and net income for H1 2025, suggesting potential stability in earnings despite forecasted declines. The stock trades at a discount to its estimated fair value, indicating good relative value compared to peers.
Commonwealth Bank of Australia
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Commonwealth Bank of Australia offers retail and commercial banking services across Australia, New Zealand, and internationally, with a market cap of approximately A$253.69 billion.
Operations: Commonwealth Bank of Australia's revenue segments include retail and commercial banking services in Australia, New Zealand, and international markets.
Dividend Yield: 3.1%
Commonwealth Bank of Australia's dividends have been volatile over the past decade, with a current yield of 3.06%, below the top 25% in Australia. Despite this, dividends are covered by earnings with an 81.2% payout ratio and are forecast to remain sustainable at 80.4% in three years. Recently, CBA announced a dividend increase to A$2.25 per share for H1 2025, supported by improved net income of A$5.13 billion compared to A$4.76 billion last year.