As the Australian market navigates a September breather, with the ASX 200 experiencing a slight dip while still maintaining a robust 10% growth over the past year, investors are keenly observing how global geopolitical tensions and economic shifts might influence future performances. In this environment, dividend stocks can offer stability and potential income, making them an appealing option for those looking to balance their portfolios amid fluctuating market conditions.
Top 10 Dividend Stocks In Australia
| Name | Dividend Yield | Dividend Rating |
| Sugar Terminals (NSX:SUG) | 7.92% | ★★★★★☆ |
| Steadfast Group (ASX:SDF) | 3.19% | ★★★★★☆ |
| Smartgroup (ASX:SIQ) | 6.03% | ★★★★★☆ |
| New Hope (ASX:NHC) | 9.23% | ★★★★★☆ |
| MFF Capital Investments (ASX:MFF) | 3.77% | ★★★★★☆ |
| Lindsay Australia (ASX:LAU) | 5.59% | ★★★★★☆ |
| Kina Securities (ASX:KSL) | 7.62% | ★★★★★☆ |
| Fiducian Group (ASX:FID) | 3.89% | ★★★★★☆ |
| EQT Holdings (ASX:EQT) | 4.25% | ★★★★★☆ |
| CTI Logistics (ASX:CLX) | 5.59% | ★★★★☆☆ |
Click here to see the full list of 31 stocks from our Top ASX Dividend Stocks screener.
Below we spotlight a couple of our favorites from our exclusive screener.
Accent Group (ASX:AX1)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Accent Group Limited operates in the retail, distribution, and franchise sectors for lifestyle footwear, apparel, and accessories across Australia and New Zealand with a market cap of A$805.59 million.
Operations: Accent Group Limited generates revenue through its retail segment, which accounts for A$1.30 billion, and its wholesale segment, contributing A$459.71 million.
Dividend Yield: 5.2%
Accent Group's dividend payments, covered by earnings (payout ratio: 69.2%) and cash flows (cash payout ratio: 20.6%), reflect a sustainable practice despite a volatile history over the past decade. The recent dividend decrease to A$0.015 per share highlights ongoing instability, yet the company's strategic expansion with Bamboo Rose aims to enhance operational efficiency and growth potential. Trading at a significant discount to its estimated fair value, Accent Group offers potential for capital appreciation alongside its dividends.
- Click here and access our complete dividend analysis report to understand the dynamics of Accent Group.
- The analysis detailed in our Accent Group valuation report hints at an deflated share price compared to its estimated value.
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$247.38 million.
Operations: Lindsay Australia Limited generates revenue through its key segments: Rural (A$168.12 million), Hunters (A$110.37 million), and Transport (A$586.41 million).
Dividend Yield: 5.6%
Lindsay Australia's dividend payments, with a payout ratio of 68.8% and cash payout ratio of 25.9%, are adequately covered by earnings and cash flows despite a volatile history over the past decade. The recent reduction in dividends to A$0.015 per share underscores this instability. While trading significantly below estimated fair value, the company's profit margins have declined, but its dividend yield remains competitive within the Australian market's top quartile for payers.
- Click to explore a detailed breakdown of our findings in Lindsay Australia's dividend report.
- Upon reviewing our latest valuation report, Lindsay Australia's share price might be too pessimistic.
Southern Cross Electrical Engineering (ASX:SXE)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Southern Cross Electrical Engineering Limited, with a market cap of A$508.64 million, offers electrical, instrumentation, communications, security, fire, and maintenance services and products across Australia.
Operations: Southern Cross Electrical Engineering Limited generates revenue primarily from the provision of electrical services, amounting to A$801.45 million.
Dividend Yield: 3.9%
Southern Cross Electrical Engineering's dividend payments, with a payout ratio of 62.5% and cash payout ratio of 33.3%, are well-supported by earnings and cash flows despite past volatility. The recent A$0.05 per share dividend reflects improved financial performance, with sales rising to A$801.45 million and net income to A$31.67 million for the year ended June 2025. Ongoing acquisition strategies may enhance future growth prospects, though the current yield is below Australia's top-tier payers.
- Click here to discover the nuances of Southern Cross Electrical Engineering with our detailed analytical dividend report.
- Our comprehensive valuation report raises the possibility that Southern Cross Electrical Engineering is priced lower than what may be justified by its financials.
Seize The Opportunity
- Unlock more gems! Our Top ASX Dividend Stocks screener has unearthed 28 more companies for you to explore.Click here to unveil our expertly curated list of 31 Top ASX Dividend Stocks.
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Ready For A Different Approach?
- 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.
Valuation is complex, but we're here to simplify it.
Discover if Southern Cross Electrical Engineering 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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