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As the ASX200 closed down 0.4% at 7,828 points, with sectors like Health Care showing resilience and Utilities facing challenges, investors are keenly observing market dynamics to identify stable opportunities amidst the fluctuations. In such a climate, dividend stocks can offer a reliable source of income, making them attractive for those seeking consistent returns in an unpredictable market environment.
Top 10 Dividend Stocks In Australia
Name | Dividend Yield | Dividend Rating |
Premier Investments (ASX:PMV) | 6.75% | ★★★★★★ |
IPH (ASX:IPH) | 7.87% | ★★★★★☆ |
Accent Group (ASX:AX1) | 7.39% | ★★★★★☆ |
Sugar Terminals (NSX:SUG) | 7.74% | ★★★★★☆ |
New Hope (ASX:NHC) | 9.29% | ★★★★★☆ |
Super Retail Group (ASX:SUL) | 9.13% | ★★★★★☆ |
Lindsay Australia (ASX:LAU) | 7.00% | ★★★★★☆ |
Nick Scali (ASX:NCK) | 3.77% | ★★★★★☆ |
Lycopodium (ASX:LYL) | 7.50% | ★★★★★☆ |
Fiducian Group (ASX:FID) | 4.29% | ★★★★★☆ |
Click here to see the full list of 33 stocks from our Top ASX Dividend Stocks screener.
Underneath we present a selection of stocks filtered out by our screen.
Australian United Investment
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Australian United Investment Company Limited is a publicly owned investment manager with a market cap of A$1.24 billion.
Operations: Australian United Investment Company Limited generates revenue primarily from its investment segment, amounting to A$58.38 million.
Dividend Yield: 3.7%
Australian United Investment recently declared a fully franked interim dividend of A$0.17 per share, consistent with the previous year. While dividends have been stable and reliable over the past decade, their high payout ratio of 91.9% indicates they are not well covered by earnings, though cash flow coverage is better at 89.7%. The dividend yield stands at 3.71%, which is lower than Australia's top-tier dividend payers' average of 6.45%.
Fiducian Group
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Fiducian Group Ltd, with a market cap of A$321.07 million, operates through its subsidiaries to provide financial services in Australia.
Operations: Fiducian Group Ltd generates revenue through its subsidiaries in Australia, with segments including Funds Management (A$24.34 million), Corporate Services (A$16.38 million), Financial Planning (A$28.93 million), and Platform Administration (A$16.49 million).
Dividend Yield: 4.3%
Fiducian Group's dividend payments have been reliable and growing over the past decade, with a recent interim dividend of A$0.219 per share declared, fully franked. The company's payout ratio is 80.4%, indicating dividends are covered by earnings and cash flows, with a cash payout ratio of 67.6%. Earnings grew by 23.6% year-on-year to A$8.63 million for the half-year ended December 2024, supporting its stable dividend strategy despite a yield lower than top-tier payers in Australia at 4.29%.