Top ASX Dividend Stocks To Watch In February 2025

As the ASX200 edges up by 0.25% to 8,505 points, driven by gains in the Industrials and Financials sectors, Australian investors are keenly observing dividend stocks that offer stability amidst fluctuating performances in IT and Health Care. In this environment, a good dividend stock is often characterized by consistent earnings growth and a strong track record of reliable payouts, making it an attractive option for those seeking steady income streams.

Top 10 Dividend Stocks In Australia

Name	Dividend Yield	Dividend Rating
Fiducian Group (ASX:FID)	4.53%	★★★★★☆
Super Retail Group (ASX:SUL)	7.41%	★★★★★☆
Nick Scali (ASX:NCK)	3.50%	★★★★★☆
MFF Capital Investments (ASX:MFF)	3.31%	★★★★★☆
Premier Investments (ASX:PMV)	5.80%	★★★★★☆
National Storage REIT (ASX:NSR)	4.89%	★★★★★☆
New Hope (ASX:NHC)	8.46%	★★★★☆☆
Santos (ASX:STO)	6.97%	★★★★☆☆
Grange Resources (ASX:GRR)	8.89%	★★★★☆☆
Australian United Investment (ASX:AUI)	3.47%	★★★★☆☆

Click here to see the full list of 29 stocks from our Top ASX Dividend Stocks screener.

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

Amotiv (ASX:AOV)

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

Overview: Amotiv Limited, with a market cap of A$1.49 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 from three main segments: Powertrain & Undercar (A$313.90 million), Lighting Power & Electrical (A$324.47 million), and 4WD Accessories & Trailering (A$348.81 million).

Dividend Yield: 3.8%

Amotiv's dividend payments have been volatile over the past decade, despite recent increases. The company's dividends are currently well-covered by both earnings and cash flows, with payout ratios of 57.2% and 37.5%, respectively. However, Amotiv's dividend yield of 3.81% is below the top quartile in Australia. Recent earnings showed a decline in net income to A$33 million for H1 2024 from A$50.2 million in the previous year, potentially impacting future distributions.

• Click here and access our complete dividend analysis report to understand the dynamics of Amotiv.
• Our expertly prepared valuation report Amotiv implies its share price may be lower than expected.

Kina Securities (ASX:KSL)

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$325.38 million.

Operations: Kina Securities Limited generates its revenue from Wealth Management (PGK 39.65 million) and Banking & Finance, including Corporate services (PGK 391.80 million) in Papua New Guinea.

Dividend Yield: 9%

Kina Securities offers a high dividend yield of 8.99%, placing it in the top 25% of Australian dividend payers. Despite this, its dividends have been volatile over nine years and are considered unreliable. The company's payout ratio is currently 75.5%, indicating coverage by earnings, with forecasts suggesting continued coverage at a slightly lower ratio of 68.1% in three years. However, challenges include a high level of bad loans at 7.9%.

• Navigate through the intricacies of Kina Securities with our comprehensive dividend report here.
• Our valuation report unveils the possibility Kina Securities' shares may be trading at a discount.

National Storage REIT (ASX:NSR)

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

Overview: National Storage REIT is the largest self-storage provider in Australia and New Zealand, operating over 225 centers that offer tailored storage solutions to more than 90,000 residential and commercial customers, with a market cap of A$3.11 billion.

Operations: The company's revenue segment, derived from the operation and management of storage centers, amounts to A$354.69 million.

Dividend Yield: 4.9%

National Storage REIT's dividend yield of 4.89% is below the top tier in Australia, yet it has shown consistent and stable growth over the past decade. The dividends are well-covered by earnings (payout ratio: 55.5%) and cash flows (cash payout ratio: 83%), ensuring reliability despite large one-off financial items affecting results. Recently, a dividend of A$0.055 per share was declared for December 2024, maintaining its track record of dependable payouts.

• Get an in-depth perspective on National Storage REIT's performance by reading our dividend report here.
• The analysis detailed in our National Storage REIT valuation report hints at an inflated share price compared to its estimated value.

Key Takeaways

• Reveal the 29 hidden gems among our Top ASX Dividend Stocks screener with a single click here.
• Got skin in the game with these stocks? Elevate how you manage them by using Simply Wall St's portfolio, where intuitive tools await to help optimize your investment outcomes.
• Enhance your investing ability with the Simply Wall St app and enjoy free access to essential market intelligence spanning every continent.

Looking For Alternative Opportunities?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
• Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.
• Find companies with promising cash flow potential yet trading below their fair value.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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