The ASX 200 has seen a slight increase, with sectors such as Financials, Materials, and IT spearheading this growth. Investors are particularly attentive to dividend stocks amidst the volatile oil market and ongoing geopolitical changes. In these changing market dynamics, strong dividend stocks can provide stability and reliable returns, appealing to those looking for consistent income sources.
|
Name |
Dividend Yield |
Dividend Rating |
|
Super Retail Group (ASX:SUL) |
8.49% |
★★★★★☆ |
|
Sugar Terminals (NSX:SUG) |
8.37% |
★★★★★☆ |
|
Nick Scali (ASX:NCK) |
3.29% |
★★★★★☆ |
|
MFF Capital Investments (ASX:MFF) |
3.69% |
★★★★★☆ |
|
Lycopodium (ASX:LYL) |
7.51% |
★★★★★☆ |
|
Lindsay Australia (ASX:LAU) |
7.05% |
★★★★★☆ |
|
IPH (ASX:IPH) |
7.92% |
★★★★★☆ |
|
Fiducian Group (ASX:FID) |
4.65% |
★★★★★☆ |
|
Bisalloy Steel Group (ASX:BIS) |
9.91% |
★★★★★☆ |
|
Accent Group (ASX:AX1) |
9.74% |
★★★★★☆ |
For a comprehensive list of 27 stocks identified in our Top ASX Dividend Stocks screener, click here.
Below, we offer a selection of stocks curated by our screening process.
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Amotiv Limited specializes in the automotive industry, manufacturing, importing, distributing, and selling products across Australia, New Zealand, Thailand, South Korea, France, and the United States with a market capitalization of A$1.05 billion.
Operations: Amotiv’s revenue streams include segments such as Powertrain & Undercar, contributing A$322.90 million, Lighting Power & Electrical at A$329.97 million, and 4WD Accessories & Trailering accounting for A$345.41 million.
Dividend Yield: 5.2%
Though Amotiv has shown inconsistent dividend payments over the last decade, with a payout ratio of 70.1% for earnings and 44.8% for cash, dividends appear sustainable in the short term. Currently traded 42.1% below estimated fair value, it holds an appealing valuation against its competitors.
Recent leadership changes, with James Fazzino taking over as Chair, could impact future strategic directions and stability in dividend policy.
