ASX Dividend Stocks To Consider In March 2025

The Australian market is experiencing a challenging period, with the ASX 200 futures indicating a slight decline amid global trade tensions affecting key indices. In such volatile times, dividend stocks can offer investors a measure of stability and income, making them an attractive option for those seeking to navigate uncertain economic conditions.

Top 10 Dividend Stocks In Australia

Click here to see the full list of 34 stocks from our Top ASX Dividend Stocks screener.

Let's uncover some gems from our specialized screener.

Lindsay Australia (ASX:LAU)

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

Overview: Lindsay Australia Limited offers integrated transport, logistics, and rural supply services to the food processing, food services, fresh produce, and horticulture sectors in Australia with a market cap of A$218.81 million.

Operations: Lindsay Australia Limited generates revenue through its segments: Rural (A$160.92 million), Hunters (A$100.09 million), Corporate (A$5.15 million), and Transport (A$573.35 million).

Dividend Yield: 7.1%

Lindsay Australia's dividend yield of 7.05% places it in the top quartile among Australian dividend payers, supported by a reasonable payout ratio of 67.1% and a low cash payout ratio of 21.7%. Despite this, dividends have been volatile over the past decade, with profit margins declining to 2.9% from last year's 4.7%. Recent earnings show sales growth but decreased net income, reflecting challenges in sustaining consistent profitability and stable dividends long-term.

• Click here and access our complete dividend analysis report to understand the dynamics of Lindsay Australia.
• Our valuation report here indicates Lindsay Australia may be undervalued.

Ridley (ASX:RIC)

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

Overview: Ridley Corporation Limited, with a market cap of A$805.08 million, operates in Australia providing animal nutrition solutions through its subsidiaries.

Operations: Ridley Corporation Limited generates revenue through its Bulk Stockfeeds segment, amounting to A$894.26 million, and its Packaged/Ingredients segment, contributing A$389.70 million.

Dividend Yield: 3.8%

Ridley Corporation's recent dividend increase to A$0.0475 per share highlights its commitment to returning value, though its dividend history has been volatile and unreliable over the past decade. The payout ratio of 75% indicates dividends are well-covered by earnings, while a cash payout ratio of 35.5% suggests strong cash flow support. Despite trading at a good value compared to peers, Ridley's 3.77% yield is below top-tier Australian dividend payers.

• Delve into the full analysis dividend report here for a deeper understanding of Ridley.
• In light of our recent valuation report, it seems possible that Ridley is trading behind its estimated value.

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 with a market cap of A$526.95 million.

Operations: Servcorp Limited generates revenue primarily from its Real Estate - Rental segment, which amounts to A$326.36 million.

Dividend Yield: 4.4%

Servcorp's recent dividend declaration of A$0.14 per share, franked to 10%, reflects a commitment to shareholder returns despite an unstable dividend history with past volatility. The dividends are well-covered by earnings (payout ratio: 47.1%) and cash flows (cash payout ratio: 13.3%). Servcorp trades at good value compared to peers but offers a lower yield than top-tier Australian dividend payers. Recent earnings growth of A$34.55 million supports its ability to sustain future payouts.

• Take a closer look at Servcorp's potential here in our dividend report.
• The valuation report we've compiled suggests that Servcorp's current price could be quite moderate.

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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