Stock Analysis

ASX Dividend Stocks To Consider In April 2025

ASX:LYL
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As the Australian market navigates its own path, closing above the 7,800 points level despite Wall Street's influence, investors are eyeing energy stocks leading gains and a generally positive sector performance. In this climate of robust market activity, dividend stocks present an appealing option for those seeking steady income streams amidst fluctuating indices.

Top 10 Dividend Stocks In Australia

NameDividend YieldDividend Rating
IPH (ASX:IPH)7.76%★★★★★☆
Sugar Terminals (NSX:SUG)8.12%★★★★★☆
Accent Group (ASX:AX1)7.18%★★★★★☆
GR Engineering Services (ASX:GNG)6.69%★★★★★☆
Super Retail Group (ASX:SUL)9.38%★★★★★☆
Lindsay Australia (ASX:LAU)7.48%★★★★★☆
MFF Capital Investments (ASX:MFF)3.77%★★★★★☆
Nick Scali (ASX:NCK)3.51%★★★★★☆
Lycopodium (ASX:LYL)7.10%★★★★★☆
Fiducian Group (ASX:FID)4.81%★★★★★☆

Click here to see the full list of 31 stocks from our Top ASX Dividend Stocks screener.

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

Fiducian Group (ASX:FID)

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

Overview: Fiducian Group Ltd, with a market cap of A$287.58 million, operates in Australia offering financial services through its subsidiaries.

Operations: Fiducian Group Ltd generates revenue from various 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: 4.8%

Fiducian Group's dividend sustainability is supported by an 80.4% payout ratio and a 67.8% cash payout ratio, indicating good coverage by earnings and cash flows. The company has consistently increased dividends over the past decade, maintaining stability and reliability with minimal volatility. However, its current yield of 4.81% is below the top quartile of Australian dividend payers. Recent earnings growth supports continued dividend payments, with net income rising to A$8.63 million for H1 2025 from A$6.84 million the previous year.

ASX:FID Dividend History as at Apr 2025
ASX:FID Dividend History as at Apr 2025

Karoon Energy (ASX:KAR)

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

Overview: Karoon Energy Ltd is an oil and gas exploration and production company with operations in Brazil, the United States, and Australia, boasting a market cap of A$1.01 billion.

Operations: Karoon Energy Ltd's revenue is primarily derived from the exploration and evaluation of hydrocarbons, amounting to $776.50 million.

Dividend Yield: 7.0%

Karoon Energy has initiated dividend payments, offering a yield of 7%, placing it in the top 25% of Australian dividend payers. The dividends are well-covered by earnings and cash flows, with payout ratios of 36.6% and 21%, respectively. However, stability and growth remain uncertain due to their recent introduction. Additionally, Karoon announced a share buyback program for up to A$22 million, potentially enhancing shareholder value amidst declining profit margins from last year’s figures.

ASX:KAR Dividend History as at Apr 2025
ASX:KAR Dividend History as at Apr 2025

Lycopodium (ASX:LYL)

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

Overview: Lycopodium Limited is an Australian company offering engineering and project delivery services across the resources, rail infrastructure, and industrial processes sectors, with a market cap of A$422.03 million.

Operations: Lycopodium Limited's revenue is primarily derived from the resources sector, contributing A$347.83 million, with additional income from process industries at A$10.84 million and rail infrastructure at A$10.14 million.

Dividend Yield: 7.1%

Lycopodium offers a dividend yield of 7.1%, ranking in the top 25% of Australian payers, with dividends covered by earnings (43.2% payout ratio) and cash flows (80.8% cash payout ratio). Despite recent increases, its dividend history is volatile and unreliable over the past decade. Recent inclusion in the S&P/ASX Emerging Companies Index and updated revenue guidance between A$320 to A$340 million reflect strategic growth efforts amidst fluctuating financial results.

ASX:LYL Dividend History as at Apr 2025
ASX:LYL Dividend History as at Apr 2025

Summing It All Up

  • Embark on your investment journey to our 31 Top ASX Dividend Stocks selection here.
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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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