The Australian market has recently experienced a sell-heavy session, influenced by profit-taking and shifts in global economic sentiment, particularly around gold prices and US relations. In such an environment, dividend stocks can provide a stable income stream for investors seeking to weather market fluctuations, as they offer regular payouts that may help cushion against volatility.
Top 10 Dividend Stocks In Australia
| Name | Dividend Yield | Dividend Rating |
| Treasury Wine Estates (ASX:TWE) | 6.50% | ★★★★★☆ |
| Super Retail Group (ASX:SUL) | 5.60% | ★★★★★☆ |
| Sugar Terminals (NSX:SUG) | 7.94% | ★★★★★☆ |
| Steadfast Group (ASX:SDF) | 3.27% | ★★★★★☆ |
| Smartgroup (ASX:SIQ) | 6.14% | ★★★★★☆ |
| MFF Capital Investments (ASX:MFF) | 3.86% | ★★★★★☆ |
| Lindsay Australia (ASX:LAU) | 6.08% | ★★★★★☆ |
| Kina Securities (ASX:KSL) | 7.95% | ★★★★★☆ |
| Fiducian Group (ASX:FID) | 3.67% | ★★★★★☆ |
| EQT Holdings (ASX:EQT) | 4.94% | ★★★★★☆ |
Click here to see the full list of 27 stocks from our Top ASX Dividend Stocks screener.
Here's a peek at a few of the choices from the screener.
Carlton Investments (ASX:CIN)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Carlton Investments Limited is a publicly owned asset management holding company with a market cap of approximately A$903.52 million.
Operations: Carlton Investments Limited generates revenue primarily through the acquisition and long-term holding of shares and units, amounting to A$41.60 million.
Dividend Yield: 3.3%
Carlton Investments offers a mixed picture for dividend investors. While its dividends are covered by earnings and cash flows, with payout ratios of 77% and 75.7% respectively, the yield of 3.3% is below the top tier in Australia. Despite recent increases, dividends have been historically volatile and unreliable over the past decade. Recent announcements include a fully franked ordinary dividend of A$0.68 per share, reflecting stable but modest growth in earnings and revenue.
- Click to explore a detailed breakdown of our findings in Carlton Investments' dividend report.
- Insights from our recent valuation report point to the potential overvaluation of Carlton Investments shares in the market.
JB Hi-Fi (ASX:JBH)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: JB Hi-Fi Limited is a retailer of home consumer products with a market cap of A$12.56 billion.
Operations: JB Hi-Fi Limited generates revenue through its segments: JB Hi-Fi Australia (A$7.10 billion), The Good Guys (A$2.87 billion), E & S (A$225.20 million), and JB Hi-Fi New Zealand (A$361.40 million).
Dividend Yield: 3.3%
JB Hi-Fi's dividend payments are covered by both earnings and cash flows, with payout ratios of 65% and 65.2%, respectively. However, dividends have been volatile over the past decade. The company recently announced a special dividend of A$1 per share and increased its ordinary dividend to A$1.05 per share, fully franked. Despite these increases, the yield remains low compared to top-tier Australian dividend payers. Leadership changes include a new CEO and board member appointments.
- Delve into the full analysis dividend report here for a deeper understanding of JB Hi-Fi.
- Our valuation report unveils the possibility JB Hi-Fi's shares may be trading at a discount.
Smartgroup (ASX:SIQ)
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Smartgroup Corporation Ltd, with a market cap of A$1.07 billion, provides employee management services in Australia.
Operations: Smartgroup Corporation Ltd generates revenue from its Vehicle Services segment, which contributes A$23.95 million, and its Outsourced Administration segment, which brings in A$296.66 million.
Dividend Yield: 6.1%
Smartgroup's dividend payments are well-covered by earnings and cash flows, with payout ratios of 64.5% and 86.5%, respectively. The dividend yield of 6.14% places it in the top quartile of Australian payers, though past payments have been volatile and unreliable over the last decade. Recent earnings growth supports sustainability, yet Smartgroup was dropped from key indices like the S&P/ASX 200 in September 2025, which may impact investor sentiment.
- Take a closer look at Smartgroup's potential here in our dividend report.
- Insights from our recent valuation report point to the potential undervaluation of Smartgroup shares in the market.
Taking Advantage
- Click this link to deep-dive into the 27 companies within our Top ASX Dividend Stocks screener.
- Hold shares in these firms? Setup your portfolio in Simply Wall St to seamlessly track your investments and receive personalized updates on your portfolio's performance.
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Curious About Other Options?
- 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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