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As the Australian market experiences marginal fluctuations, with the ASX200 slightly down at 8,248 points and sectors like Information Technology and Real Estate showing positive momentum, investors are keenly observing dividend stocks for potential stability and income. In such a dynamic environment, selecting dividend stocks that demonstrate resilience in diverse sector performances can be an effective strategy for those seeking steady returns amidst market variability.
Top 10 Dividend Stocks In Australia
| Name | Dividend Yield | Dividend Rating |
| Nick Scali (ASX:NCK) | 4.45% | ★★★★★☆ |
| Fiducian Group (ASX:FID) | 4.54% | ★★★★★☆ |
| Collins Foods (ASX:CKF) | 3.59% | ★★★★★☆ |
| Super Retail Group (ASX:SUL) | 7.80% | ★★★★★☆ |
| National Storage REIT (ASX:NSR) | 4.64% | ★★★★★☆ |
| Premier Investments (ASX:PMV) | 4.24% | ★★★★★☆ |
| Sugar Terminals (NSX:SUG) | 7.88% | ★★★★☆☆ |
| Ricegrowers (ASX:SGLLV) | 4.94% | ★★★★☆☆ |
| Grange Resources (ASX:GRR) | 9.09% | ★★★★☆☆ |
| Australian United Investment (ASX:AUI) | 3.50% | ★★★★☆☆ |
Click here to see the full list of 31 stocks from our Top ASX Dividend Stocks screener.
Here we highlight a subset of our preferred stocks from the screener.
Collins Foods
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Collins Foods Limited operates, manages, and administers restaurants in Australia and Europe with a market cap of A$870.65 million.
Operations: Collins Foods Limited generates revenue through its restaurant operations, with A$54.38 million from Taco Bell Australia, A$313.47 million from KFC Restaurants Europe, and A$1.12 billion from KFC Restaurants Australia.
Dividend Yield: 3.6%
Collins Foods offers a stable dividend history, with payments reliably growing over the past decade. Despite a recent decrease to A$0.11 per share for the six months ended October 2024, dividends remain well-covered by earnings and cash flows, boasting payout ratios of 59.1% and 33.3%, respectively. The company trades below fair value estimates and peers, though its dividend yield of 3.59% is modest compared to top Australian payers.
QBE Insurance Group
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: QBE Insurance Group Limited underwrites general insurance and reinsurance risks across the Australia Pacific, North America, and international markets, with a market cap of A$29.64 billion.
Operations: QBE Insurance Group Limited generates revenue through its segments: International ($9.56 billion), North America ($7.71 billion), and Australia Pacific ($5.91 billion).