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In the current Australian market landscape, the ASX200 has experienced a slight decline of 0.36% amidst concerns over new tariffs on aluminium and steel imposed by the Trump administration, with sectors like Utilities and Health Care showing resilience while IT and Technology face challenges. In such a fluctuating environment, dividend stocks can offer stability through consistent income streams, making them an attractive option for investors seeking to navigate market uncertainties.
Top 10 Dividend Stocks In Australia
| Name | Dividend Yield | Dividend Rating |
| Fortescue (ASX:FMG) | 9.79% | ★★★★★☆ |
| Super Retail Group (ASX:SUL) | 7.36% | ★★★★★☆ |
| Fiducian Group (ASX:FID) | 4.37% | ★★★★★☆ |
| Nick Scali (ASX:NCK) | 3.67% | ★★★★★☆ |
| MFF Capital Investments (ASX:MFF) | 3.33% | ★★★★★☆ |
| Premier Investments (ASX:PMV) | 5.69% | ★★★★★☆ |
| National Storage REIT (ASX:NSR) | 4.93% | ★★★★★☆ |
| New Hope (ASX:NHC) | 8.25% | ★★★★☆☆ |
| Santos (ASX:STO) | 6.97% | ★★★★☆☆ |
| Grange Resources (ASX:GRR) | 8.51% | ★★★★☆☆ |
Click here to see the full list of 31 stocks from our Top ASX Dividend Stocks screener.
We're going to check out a few of the best picks from our screener tool.
Bendigo and Adelaide Bank
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Bendigo and Adelaide Bank Limited provides banking and financial services to retail customers and small to medium-sized businesses in Australia, with a market cap of A$7.64 billion.
Operations: Bendigo and Adelaide Bank Limited's revenue is primarily derived from its Consumer segment at A$1.12 billion, followed by Business & Agribusiness at A$761.10 million, and Corporate at A$67.50 million.
Dividend Yield: 4.7%
Bendigo and Adelaide Bank's dividend payments have shown volatility over the past decade, with a history of unreliable growth. Despite this, dividends are currently covered by earnings with a payout ratio of 65.4%, expected to remain sustainable at 72.9% in three years. Recent earnings growth of 9.7% supports this stability, although large one-off items have impacted financial results. The bank trades below estimated fair value but offers a lower yield than top-tier Australian dividend stocks.
Super Retail Group
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Super Retail Group Limited operates as a retailer of auto, sports, and outdoor leisure products in Australia and New Zealand, with a market cap of A$3.65 billion.
Operations: Super Retail Group's revenue segments include Rebel at A$1.29 billion, Macpac at A$214 million, Super Cheap Auto (SCA) at A$1.50 billion, and Boating, Camping and Fishing (BCF) at A$879.10 million.