As the ASX200 experiences a slight pullback from record highs, with sectors like Industrials and Energy facing declines, investors are increasingly turning their attention to haven assets such as gold amid heightened geopolitical tensions. In this fluctuating market environment, dividend stocks can offer a measure of stability and income potential, making them an attractive consideration for those navigating the current economic landscape.
Top 10 Dividend Stocks In Australia
| Name | Dividend Yield | Dividend Rating |
| Perenti (ASX:PRN) | 6.64% | ★★★★★☆ |
| Nick Scali (ASX:NCK) | 4.69% | ★★★★★☆ |
| Super Retail Group (ASX:SUL) | 8.12% | ★★★★★☆ |
| Collins Foods (ASX:CKF) | 3.30% | ★★★★★☆ |
| Fiducian Group (ASX:FID) | 4.34% | ★★★★★☆ |
| MFF Capital Investments (ASX:MFF) | 3.31% | ★★★★★☆ |
| National Storage REIT (ASX:NSR) | 4.40% | ★★★★★☆ |
| Premier Investments (ASX:PMV) | 4.05% | ★★★★★☆ |
| Sugar Terminals (NSX:SUG) | 7.42% | ★★★★☆☆ |
| Australian United Investment (ASX:AUI) | 3.41% | ★★★★☆☆ |
Click here to see the full list of 32 stocks from our Top ASX Dividend Stocks screener.
We'll examine a selection from our screener results.
Australian United Investment
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Australian United Investment Company Limited is a publicly owned investment manager with a market cap of A$1.35 billion.
Operations: Australian United Investment Company Limited generates its revenue primarily from investments, totaling A$57.76 million.
Dividend Yield: 3.4%
Australian United Investment has maintained stable and growing dividends over the past decade, demonstrating reliability. However, its dividend yield of 3.41% is lower than the top quartile in Australia. The high payout ratio of 95% indicates dividends are not well covered by earnings, though they are supported by cash flows with an 89.7% cash payout ratio. Recent discussions at the Annual General Meeting did not highlight significant changes affecting dividend sustainability.
Fiducian Group
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Fiducian Group Ltd, with a market cap of A$284.87 million, operates through its subsidiaries to provide financial services in Australia.
Operations: Fiducian Group Ltd generates revenue through its various segments, including Funds Management (A$22.08 million), Corporate Services (A$15.06 million), Financial Planning (A$27.69 million), and Platform Administration (A$15.97 million).
Dividend Yield: 4.3%
Fiducian Group offers a reliable dividend yield of 4.34%, though it falls short compared to the top quartile in Australia. The company has consistently grown its dividends over the past decade, supported by stable earnings and cash flows. With a payout ratio of 82.3%, dividends are sustainably covered by earnings and cash flow, maintaining stability without substantial insider selling recently reported. Earnings growth of 22.1% last year further supports dividend sustainability amidst recent AGM discussions.