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As the ASX200 experiences a modest rise of 0.23% to 8,330 points amidst heightened investor attention surrounding the inauguration of Donald Trump as the 47th President of the United States, Australian markets are closely monitoring sector performances with utilities leading at a 0.5% increase. In this environment, dividend stocks remain attractive for their potential to provide steady income; here we explore three ASX-listed stocks yielding up to 9.5%, offering insights into what makes them appealing in today's market conditions.
Top 10 Dividend Stocks In Australia
| Name | Dividend Yield | Dividend Rating |
| Nick Scali (ASX:NCK) | 4.36% | ★★★★★☆ |
| Super Retail Group (ASX:SUL) | 7.79% | ★★★★★☆ |
| Fiducian Group (ASX:FID) | 4.37% | ★★★★★☆ |
| Premier Investments (ASX:PMV) | 4.93% | ★★★★★☆ |
| National Storage REIT (ASX:NSR) | 4.78% | ★★★★★☆ |
| New Hope (ASX:NHC) | 7.91% | ★★★★☆☆ |
| Sugar Terminals (NSX:SUG) | 7.77% | ★★★★☆☆ |
| Ricegrowers (ASX:SGLLV) | 5.03% | ★★★★☆☆ |
| Grange Resources (ASX:GRR) | 9.52% | ★★★★☆☆ |
| Australian United Investment (ASX:AUI) | 3.50% | ★★★★☆☆ |
Click here to see the full list of 30 stocks from our Top ASX Dividend Stocks screener.
Underneath we present a selection of stocks filtered out by our screen.
Grange Resources
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Grange Resources Limited is an integrated iron ore mining and pellet production company operating in Australia and internationally, with a market cap of A$243.04 million.
Operations: Grange Resources Limited generates revenue from its ore mining segment, amounting to A$570.41 million.
Dividend Yield: 9.5%
Grange Resources offers a high dividend yield of 9.52%, positioning it in the top 25% of dividend payers in Australia. However, its dividends have been volatile and unreliable over the past decade, with no growth recorded during this period. Despite this inconsistency, GRR's dividends are well-covered by earnings and cash flows, with payout ratios of 21.8% and 11.6%, respectively, suggesting sustainability from a financial standpoint even as it trades below estimated fair value.
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Get an in-depth perspective on Grange Resources' performance by reading our dividend report here.
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Our valuation report unveils the possibility Grange Resources' shares may be trading at a discount.
Jumbo Interactive
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Jumbo Interactive Limited operates as an online retailer of lottery tickets across Australia, the United Kingdom, Canada, Fiji, and other international markets with a market cap of A$775.28 million.
Operations: Jumbo Interactive Limited generates revenue through three main segments: Managed Services (A$25.84 million), Lottery Retailing (A$123.40 million), and Software-As-A-Service (SaaS) (A$50.73 million).