In This Article:
The Australian market remained flat over the last week but has experienced a notable 20% rise over the past 12 months, with earnings forecasted to grow by 12% annually. In this dynamic environment, identifying dividend stocks with strong fundamentals and consistent payout histories can be an effective strategy for investors seeking steady income and potential capital appreciation.
Top 10 Dividend Stocks In Australia
Name | Dividend Yield | Dividend Rating |
Fortescue (ASX:FMG) | 9.86% | ★★★★★☆ |
Perenti (ASX:PRN) | 6.93% | ★★★★★☆ |
Nick Scali (ASX:NCK) | 4.55% | ★★★★★☆ |
Super Retail Group (ASX:SUL) | 7.03% | ★★★★★☆ |
Collins Foods (ASX:CKF) | 3.32% | ★★★★★☆ |
Fiducian Group (ASX:FID) | 4.31% | ★★★★★☆ |
MFF Capital Investments (ASX:MFF) | 3.57% | ★★★★★☆ |
National Storage REIT (ASX:NSR) | 4.33% | ★★★★★☆ |
Premier Investments (ASX:PMV) | 4.49% | ★★★★★☆ |
Sugar Terminals (NSX:SUG) | 7.59% | ★★★★☆☆ |
Click here to see the full list of 37 stocks from our Top ASX Dividend Stocks screener.
Let's uncover some gems from our specialized screener.
Premier Investments
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Premier Investments Limited operates specialty retail fashion chains across Australia, New Zealand, Asia, and Europe with a market capitalization of A$4.98 billion.
Operations: Premier Investments Limited generates revenue through its retail segment, amounting to A$1.61 billion, and its investment segment, which contributes A$208.53 million.
Dividend Yield: 4.5%
Premier Investments offers a reliable dividend, with a payout ratio of 82.2% supported by earnings and a cash payout ratio of 59.1%, indicating sustainability. Despite recent declines in sales and net income, dividends have grown steadily over the past decade. The current yield is 4.49%, lower than the top-tier Australian dividend payers, yet stable and consistent over time. A recent dividend increase to A$0.70 reflects ongoing commitment to shareholder returns despite financial fluctuations.
QBE Insurance Group
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: QBE Insurance Group Limited is involved in underwriting general insurance and reinsurance risks across the Australia Pacific, North America, and international markets, with a market cap of A$26.03 billion.
Operations: QBE Insurance Group Limited generates revenue through its primary segments, with $9.56 billion from International operations, $7.71 billion from North America, and $5.91 billion from the Australia Pacific region.