In This Article:
In the current Australian market, where fluctuations are evident with companies like Aristocrat Leisure impacting overall performance, investors are increasingly seeking stability amidst volatility. Dividend stocks often provide a reliable income stream, making them an attractive option for those looking to navigate uncertain economic conditions while benefiting from consistent returns.
Top 10 Dividend Stocks In Australia
| Name | Dividend Yield | Dividend Rating |
| Bisalloy Steel Group (ASX:BIS) | 9.82% | ★★★★★☆ |
| IPH (ASX:IPH) | 7.16% | ★★★★★☆ |
| Lindsay Australia (ASX:LAU) | 7.05% | ★★★★★☆ |
| Accent Group (ASX:AX1) | 6.63% | ★★★★★☆ |
| New Hope (ASX:NHC) | 9.87% | ★★★★★☆ |
| Sugar Terminals (NSX:SUG) | 8.45% | ★★★★★☆ |
| MFF Capital Investments (ASX:MFF) | 3.76% | ★★★★★☆ |
| Nick Scali (ASX:NCK) | 3.19% | ★★★★★☆ |
| Lycopodium (ASX:LYL) | 7.00% | ★★★★★☆ |
| Fiducian Group (ASX:FID) | 4.40% | ★★★★★☆ |
Click here to see the full list of 32 stocks from our Top ASX Dividend Stocks screener.
Here we highlight a subset of our preferred stocks from the screener.
Kina Securities
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Kina Securities Limited operates in Papua New Guinea, offering commercial banking, financial services, fund administration, investment management, and share brokerage services with a market cap of A$328.75 million.
Operations: Kina Securities Limited generates revenue primarily from its Banking & Finance segment, which accounts for PGK 421.46 million, and its Wealth Management segment, contributing PGK 47.36 million.
Dividend Yield: 8.7%
Kina Securities offers a high dividend yield of 8.69%, placing it in the top quartile of Australian dividend payers, though its dividends have been unstable over its nine-year history. The company's payout ratio is currently 74.8%, suggesting dividends are covered by earnings, with future coverage expected to improve slightly to 68.4%. However, concerns include a high level of bad loans at 11.1% and low allowance for these loans at just 21%.
Servcorp
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Servcorp Limited offers executive serviced and virtual offices, coworking spaces, and IT, communications, and secretarial services with a market cap of A$519.10 million.
Operations: Servcorp Limited generates revenue primarily from its real estate rental segment, amounting to A$326.36 million.
Dividend Yield: 4.5%
Servcorp's dividend prospects are mixed, with a volatile history over the past decade. Despite this, dividends are well-covered by earnings (47.1% payout ratio) and cash flows (13.3% cash payout ratio). Recent earnings growth and a low trading valuation suggest potential value for investors. The company announced an A$0.14 per share dividend for H1 2025, reflecting its commitment to shareholder returns, though its yield of 4.49% is below top-tier Australian payers.