Stock Analysis

ASX Dividend Stocks To Consider In April 2025

ASX:SDF
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In a week marked by significant volatility on the Australian market, with the ASX 200 futures pointing to a downbeat close amid escalating China-U.S. trade tensions, investors are keenly observing how these developments might impact their portfolios. Amidst such turbulence, dividend stocks can offer a measure of stability and income potential, making them an attractive consideration for those looking to navigate uncertain economic conditions.

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Top 10 Dividend Stocks In Australia

NameDividend YieldDividend Rating
IPH (ASX:IPH)7.78%★★★★★☆
Accent Group (ASX:AX1)7.30%★★★★★☆
Sugar Terminals (NSX:SUG)8.12%★★★★★☆
GR Engineering Services (ASX:GNG)6.91%★★★★★☆
Super Retail Group (ASX:SUL)9.14%★★★★★☆
Lindsay Australia (ASX:LAU)7.60%★★★★★☆
MFF Capital Investments (ASX:MFF)3.80%★★★★★☆
Nick Scali (ASX:NCK)3.63%★★★★★☆
Lycopodium (ASX:LYL)7.51%★★★★★☆
Fiducian Group (ASX:FID)5.16%★★★★★☆

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

We'll examine a selection from our screener results.

Amotiv (ASX:AOV)

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

Overview: Amotiv Limited, with a market cap of A$1.01 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's revenue segments include Powertrain & Undercar at A$322.90 million, Lighting Power & Electrical at A$329.97 million, and 4WD Accessories & Trailering at A$345.41 million.

Dividend Yield: 5.5%

Amotiv Limited's dividend, recently set at A$0.185 per share, is well-covered by both earnings and cash flows with payout ratios of 70.1% and 45.1%, respectively. Despite a lower yield of 5.46% compared to top Australian dividend payers, its dividends are sustainable though historically volatile. Recent leadership changes aim to enhance governance and risk management, potentially stabilizing future payouts amidst current trading below fair value estimates by 45%.

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

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 with a market cap of A$306.67 million.

Operations: Kina Securities Limited generates revenue primarily from its Banking & Finance segment, which accounts for PGK 421.46 million, and its Wealth Management segment, contributing PGK 47.36 million.

Dividend Yield: 9.5%

Kina Securities offers a dividend yield in the top 25% of Australian payers at 9.47%, supported by a payout ratio of 74.8%. However, its dividend history is volatile over nine years, with payments sometimes unstable. Recent leadership stabilization could positively impact future performance. The company trades below estimated fair value and maintains a high level of bad loans at 11.1%, which may affect financial health despite earnings coverage for dividends now and in three years (68.4% forecast).

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

Steadfast Group (ASX:SDF)

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

Overview: Steadfast Group Limited operates as a general insurance brokerage service provider across Australasia, Asia, and Europe with a market cap of A$6.28 billion.

Operations: Steadfast Group Limited generates revenue primarily through its Insurance Intermediary segment, which accounts for A$1.63 billion, and its Premium Funding segment, contributing A$120.20 million.

Dividend Yield: 3%

Steadfast Group declared a fully franked interim dividend of A$0.078 per share for the half year ended December 2024, with dividends well-covered by cash flows (40.6% payout ratio) but less so by earnings (85.8% payout ratio). Despite a history of volatile and unreliable dividend payments, recent increases suggest improvement. The company has experienced leadership changes with Noelene Palmer as COO from July 2025, potentially influencing future stability amidst high debt levels and trading below fair value estimates.

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

Turning Ideas Into Actions

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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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