Top ASX Dividend Stocks To Consider In May 2025

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As the Australian market responds positively to international developments, such as Trump's temporary tariff reprieve for China, investors are eyeing opportunities in dividend stocks that can provide stability and income amidst global uncertainties. In this environment, a good dividend stock is often characterized by its ability to maintain consistent payouts and demonstrate resilience against market volatility.

Top 10 Dividend Stocks In Australia

Name

Dividend Yield

Dividend Rating

Bisalloy Steel Group (ASX:BIS)

9.70%

★★★★★☆

IPH (ASX:IPH)

7.28%

★★★★★☆

New Hope (ASX:NHC)

9.95%

★★★★★☆

Sugar Terminals (NSX:SUG)

8.28%

★★★★★☆

Accent Group (ASX:AX1)

6.55%

★★★★★☆

Lindsay Australia (ASX:LAU)

7.00%

★★★★★☆

MFF Capital Investments (ASX:MFF)

3.72%

★★★★★☆

Nick Scali (ASX:NCK)

3.18%

★★★★★☆

Lycopodium (ASX:LYL)

7.01%

★★★★★☆

Fiducian Group (ASX:FID)

4.42%

★★★★★☆

Click here to see the full list of 31 stocks from our Top ASX Dividend Stocks screener.

Let's dive into some prime choices out of the screener.

Amotiv

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: Amotiv Limited, with a market cap of A$1.12 billion, operates through its subsidiaries to manufacture, import, distribute, and sell automotive products across Australia, New Zealand, Thailand, South Korea, France, and the United States.

Operations: Amotiv Limited generates revenue through its segments: Powertrain & Undercar (A$322.90 million), Lighting Power & Electrical (A$329.97 million), and 4WD Accessories & Trailering (A$345.41 million).

Dividend Yield: 4.9%

Amotiv offers a mixed dividend profile. Its dividends are well-covered by earnings and cash flows, with payout ratios of 70.1% and 45%, respectively, suggesting sustainability. However, the dividend yield of 4.9% lags behind top-tier Australian payers. Despite a history of volatility over the past decade, dividends have grown overall. The stock trades at good value compared to peers and below fair value estimates, indicating potential upside according to analysts' price targets.

ASX:AOV Dividend History as at May 2025
ASX:AOV Dividend History as at May 2025

New Hope

Simply Wall St Dividend Rating: ★★★★★☆

Overview: New Hope Corporation Limited is involved in the exploration, development, production, and processing of coal as well as oil and gas properties, with a market cap of A$3.31 billion.

Operations: New Hope Corporation Limited generates revenue primarily from its Coal Mining operations in NSW, amounting to A$1.58 billion, and Coal Mining in QLD (including Treasury and Investments), contributing A$315.68 million.