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The Australian market is experiencing a challenging period, with the ASX 200 futures indicating a slight decline amid global trade tensions affecting key indices. In such volatile times, dividend stocks can offer investors a measure of stability and income, making them an attractive option for those seeking to navigate uncertain economic conditions.
Top 10 Dividend Stocks In Australia
| Name | Dividend Yield | Dividend Rating |
| Premier Investments (ASX:PMV) | 6.84% | ★★★★★★ |
| IPH (ASX:IPH) | 7.95% | ★★★★★☆ |
| Accent Group (ASX:AX1) | 7.39% | ★★★★★☆ |
| Sugar Terminals (NSX:SUG) | 7.81% | ★★★★★☆ |
| Super Retail Group (ASX:SUL) | 9.13% | ★★★★★☆ |
| Lindsay Australia (ASX:LAU) | 7.05% | ★★★★★☆ |
| Nick Scali (ASX:NCK) | 3.86% | ★★★★★☆ |
| MFF Capital Investments (ASX:MFF) | 3.82% | ★★★★★☆ |
| Lycopodium (ASX:LYL) | 7.70% | ★★★★★☆ |
| Fiducian Group (ASX:FID) | 4.56% | ★★★★★☆ |
Click here to see the full list of 34 stocks from our Top ASX Dividend Stocks screener.
Let's uncover some gems from our specialized screener.
Lindsay Australia
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Lindsay Australia Limited offers integrated transport, logistics, and rural supply services to the food processing, food services, fresh produce, and horticulture sectors in Australia with a market cap of A$218.81 million.
Operations: Lindsay Australia Limited generates revenue through its segments: Rural (A$160.92 million), Hunters (A$100.09 million), Corporate (A$5.15 million), and Transport (A$573.35 million).
Dividend Yield: 7.1%
Lindsay Australia's dividend yield of 7.05% places it in the top quartile among Australian dividend payers, supported by a reasonable payout ratio of 67.1% and a low cash payout ratio of 21.7%. Despite this, dividends have been volatile over the past decade, with profit margins declining to 2.9% from last year's 4.7%. Recent earnings show sales growth but decreased net income, reflecting challenges in sustaining consistent profitability and stable dividends long-term.
Ridley
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Ridley Corporation Limited, with a market cap of A$805.08 million, operates in Australia providing animal nutrition solutions through its subsidiaries.
Operations: Ridley Corporation Limited generates revenue through its Bulk Stockfeeds segment, amounting to A$894.26 million, and its Packaged/Ingredients segment, contributing A$389.70 million.
Dividend Yield: 3.8%
Ridley Corporation's recent dividend increase to A$0.0475 per share highlights its commitment to returning value, though its dividend history has been volatile and unreliable over the past decade. The payout ratio of 75% indicates dividends are well-covered by earnings, while a cash payout ratio of 35.5% suggests strong cash flow support. Despite trading at a good value compared to peers, Ridley's 3.77% yield is below top-tier Australian dividend payers.