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As the ASX200 experiences a slight dip of 0.25% at 8178 points amidst global market shifts following Donald Trump's re-election, Australian investors are closely monitoring dividend stocks for stable returns in a volatile environment. In such times, selecting stocks with strong dividend yields can provide a reliable income stream, making them an attractive option for those looking to navigate the current economic landscape.
Top 10 Dividend Stocks In Australia
Name | Dividend Yield | Dividend Rating |
Perenti (ASX:PRN) | 6.84% | ★★★★★☆ |
Nick Scali (ASX:NCK) | 4.72% | ★★★★★☆ |
Super Retail Group (ASX:SUL) | 8.10% | ★★★★★☆ |
Collins Foods (ASX:CKF) | 3.29% | ★★★★★☆ |
Fiducian Group (ASX:FID) | 4.32% | ★★★★★☆ |
MFF Capital Investments (ASX:MFF) | 3.43% | ★★★★★☆ |
National Storage REIT (ASX:NSR) | 4.38% | ★★★★★☆ |
Premier Investments (ASX:PMV) | 4.22% | ★★★★★☆ |
New Hope (ASX:NHC) | 8.06% | ★★★★☆☆ |
Santos (ASX:STO) | 7.01% | ★★★★☆☆ |
Click here to see the full list of 35 stocks from our Top ASX Dividend Stocks screener.
Here's a peek at a few of the choices 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$1 billion.
Operations: Collins Foods Limited generates revenue from its restaurant operations, with A$54.38 million from Taco Bell Restaurants, A$313.47 million from KFC Restaurants in Europe, and A$1.12 billion from KFC Restaurants in Australia.
Dividend Yield: 3.3%
Collins Foods offers a stable dividend history with payments growing over the past decade, supported by a cash payout ratio of 35.2% and an earnings payout ratio of 59.1%, indicating sustainability. The dividend yield is relatively low at 3.29% compared to top Australian payers but is well-covered by cash flows and earnings. Recent leadership changes, including Xavier Simonet as CEO, may influence future strategic direction, potentially impacting dividends indirectly through operational performance enhancements.
Jumbo Interactive
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Jumbo Interactive Limited operates as a retailer of lottery tickets via internet and mobile platforms across Australia, the United Kingdom, Canada, Fiji, and other international markets with a market cap of A$821.83 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).