As the Australian market navigates a period of nervousness, aligning with its Asian counterparts and awaiting key decisions like the Fed rate cut, investors are keenly observing sector performances where utilities are leading while discretionary sectors lag. In this environment, dividend stocks can offer a measure of stability and income potential, making them an attractive option for those looking to balance risk with consistent returns amidst fluctuating market conditions.
Top 10 Dividend Stocks In Australia
| Name | Dividend Yield | Dividend Rating |
| Super Retail Group (ASX:SUL) | 5.66% | ★★★★★☆ |
| Sugar Terminals (NSX:SUG) | 7.92% | ★★★★★☆ |
| Steadfast Group (ASX:SDF) | 3.21% | ★★★★★☆ |
| Smartgroup (ASX:SIQ) | 6.18% | ★★★★★☆ |
| MFF Capital Investments (ASX:MFF) | 3.77% | ★★★★★☆ |
| Lindsay Australia (ASX:LAU) | 5.80% | ★★★★★☆ |
| Kina Securities (ASX:KSL) | 7.50% | ★★★★★☆ |
| Fiducian Group (ASX:FID) | 3.84% | ★★★★★☆ |
| EQT Holdings (ASX:EQT) | 4.17% | ★★★★★☆ |
| CTI Logistics (ASX:CLX) | 5.56% | ★★★★☆☆ |
Click here to see the full list of 28 stocks from our Top ASX Dividend Stocks screener.
Here we highlight a subset of our preferred stocks from the screener.
Fiducian Group (ASX:FID)
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Fiducian Group Ltd, with a market cap of A$405.96 million, operates in Australia through its subsidiaries to offer financial services.
Operations: Fiducian Group Ltd's revenue is derived from four main segments: Funds Management (A$25.59 million), Corporate Services (A$17.67 million), Financial Planning (A$29.66 million), and Platform Administration (A$16.45 million).
Dividend Yield: 3.8%
Fiducian Group's dividend profile is supported by a sustainable payout ratio of 79.1% and a cash payout ratio of 69.8%, indicating coverage by both earnings and cash flows. The company has consistently grown its dividends over the past decade, maintaining stability with minimal volatility. Despite an attractive yield of 3.84%, it falls short compared to Australia's top dividend payers at 5.49%. Recent earnings growth and a fully franked dividend increase further bolster its appeal to income-focused investors.
- Click here and access our complete dividend analysis report to understand the dynamics of Fiducian Group.
- Our expertly prepared valuation report Fiducian Group implies its share price may be too high.
New Hope (ASX:NHC)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: New Hope Corporation Limited focuses on the development and operation of coal mines, with a market cap of A$3.54 billion.
Operations: New Hope Corporation Limited generates revenue through its coal mining operations, with A$1.33 billion from Coal Mining NSW and A$395.34 million from Coal Mining QLD, including treasury and investments.
Dividend Yield: 8.1%
New Hope Corporation's dividend yield of 8.1% places it among the top 25% of Australian dividend payers, but its sustainability is questionable due to a high cash payout ratio of 110.3%, indicating dividends are not well covered by free cash flows. Despite a reasonable earnings payout ratio of 65.3%, the dividends have been volatile over the past decade, lacking reliability and stability. Recent earnings showed a slight decline in net income to A$439.37 million, impacting financial robustness.
- Navigate through the intricacies of New Hope with our comprehensive dividend report here.
- The valuation report we've compiled suggests that New Hope's current price could be quite moderate.
Servcorp (ASX:SRV)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Servcorp Limited offers executive serviced and virtual offices, coworking spaces, and IT, communications, and secretarial services across various regions including Australia, New Zealand, Southeast Asia, the United States, Europe, the Middle East, North Asia and internationally with a market cap of A$721.43 million.
Operations: Servcorp Limited generates its revenue primarily from real estate rental, amounting to A$349.86 million.
Dividend Yield: 3.9%
Servcorp's dividend yield of 3.86% is below the top quartile of Australian dividend payers, but its payout ratio is sustainable with coverage by earnings (52%) and cash flows (14.6%). Despite a volatile dividend history over the past decade, recent announcements indicate an increase in dividends for 2026, not expected to fall below A$0.30 per share. Earnings have shown strong growth, with net income rising to A$53.12 million this year from A$39.04 million last year, supporting future payouts.
- Get an in-depth perspective on Servcorp's performance by reading our dividend report here.
- According our valuation report, there's an indication that Servcorp's share price might be on the cheaper side.
Key Takeaways
- Discover the full array of 28 Top ASX Dividend Stocks right here.
- Are you invested in these stocks already? Keep abreast of every twist and turn by setting up a portfolio with Simply Wall St, where we make it simple for investors like you to stay informed and proactive.
- Take control of your financial future using Simply Wall St, offering free, in-depth knowledge of international markets to every investor.
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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.
Valuation is complex, but we're here to simplify it.
Discover if Fiducian Group might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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