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As the Australian market navigates through uncertainty with tariff concerns and sector fluctuations, investors are keenly observing how these dynamics impact dividend stocks. In such a volatile environment, identifying robust dividend stocks that offer stability and consistent returns can be crucial for enhancing portfolio resilience.
Top 10 Dividend Stocks In Australia
| Name | Dividend Yield | Dividend Rating |
| Premier Investments (ASX:PMV) | 6.44% | ★★★★★★ |
| IPH (ASX:IPH) | 7.34% | ★★★★★☆ |
| Accent Group (ASX:AX1) | 6.86% | ★★★★★☆ |
| GR Engineering Services (ASX:GNG) | 6.76% | ★★★★★☆ |
| Lindsay Australia (ASX:LAU) | 7.97% | ★★★★★☆ |
| Lycopodium (ASX:LYL) | 7.67% | ★★★★★☆ |
| Nick Scali (ASX:NCK) | 3.74% | ★★★★★☆ |
| MFF Capital Investments (ASX:MFF) | 3.72% | ★★★★★☆ |
| Super Retail Group (ASX:SUL) | 8.58% | ★★★★★☆ |
| Fiducian Group (ASX:FID) | 4.27% | ★★★★★☆ |
Click here to see the full list of 34 stocks from our Top ASX Dividend Stocks screener.
Here's a peek at a few of the choices from the screener.
Fleetwood
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Fleetwood Limited, with a market cap of A$219.98 million, operates in Australia and New Zealand, focusing on the design, manufacture, sale, and installation of modular accommodation and buildings.
Operations: Fleetwood Limited generates revenue through three main segments: Building Solutions (A$340.12 million), RV Solutions (A$71.51 million), and Community Solutions (A$50.02 million).
Dividend Yield: 9.7%
Fleetwood's dividend yield of 9.75% ranks in the top 25% of Australian payers, yet its sustainability is questionable due to a high payout ratio of 286.1%, indicating dividends are not well-covered by earnings. Despite reasonable cash flow coverage with a cash payout ratio of 57.4%, the dividend history has been volatile over the past decade, with inconsistent growth and reliability issues. Recent earnings show improvement, but profit margins have declined year-over-year to 1%.
QBE Insurance Group
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: QBE Insurance Group Limited underwrites general insurance and reinsurance risks across the Australia Pacific, North America, and international markets with a market cap of A$31.79 billion.
Operations: QBE Insurance Group Limited generates revenue from its segments as follows: International at $9.82 billion, North America at $7.54 billion, and Australia Pacific at $5.96 billion.
Dividend Yield: 4.1%
QBE Insurance Group's dividend payments are well-covered by both earnings and cash flows, with payout ratios of 46.7% and 33.5%, respectively, indicating sustainability. The company declared a full-year dividend increase to A$0.87 per share for 2024, reflecting consistent growth over the past decade despite historical volatility in payouts. Recent earnings have shown significant growth, enhancing its financial position for dividends; however, the yield remains lower than top-tier Australian payers at 4.07%.