3 ASX Dividend Stocks With Up To 7.7% Yield
In the midst of a challenging period for the Australian market, with the ASX200 closing down 1.3% at 7,786 points amid US tariffs on Aussie steel and aluminium, investors are increasingly turning their attention to dividend stocks as a potential source of stability and income. In such volatile conditions, selecting dividend stocks with attractive yields can be an effective strategy to cushion against market fluctuations while still generating returns.
Name
Dividend Yield
Dividend Rating
Sugar Terminals (NSX:SUG)
7.74%
★★★★★★
Premier Investments (ASX:PMV)
6.57%
★★★★★★
IPH (ASX:IPH)
8.27%
★★★★★☆
Accent Group (ASX:AX1)
7.22%
★★★★★☆
Super Retail Group (ASX:SUL)
9.18%
★★★★★☆
Lindsay Australia (ASX:LAU)
7.05%
★★★★★☆
Nick Scali (ASX:NCK)
3.90%
★★★★★☆
MFF Capital Investments (ASX:MFF)
3.76%
★★★★★☆
Lycopodium (ASX:LYL)
7.66%
★★★★★☆
Fiducian Group (ASX:FID)
4.49%
★★★★★☆
Click here to see the full list of 35 stocks from our Top ASX Dividend Stocks screener.
We're going to check out a few of the best picks from our screener tool.
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Nick Scali Limited, with a market cap of A$1.32 billion, is involved in sourcing and retailing household furniture and accessories across Australia, the United Kingdom, and New Zealand.
Operations: Nick Scali Limited generates revenue of A$492.63 million from its furniture retailing operations.
Dividend Yield: 3.9%
Nick Scali's recent earnings report for the half-year ending December 31, 2024, showed sales of A$251.07 million and net income of A$30.04 million, a decline from the previous year's figures. The company declared a fully franked interim dividend of A$0.30 per share, down from A$0.35 last year, with payout ratios indicating coverage by both earnings (78.2%) and cash flows (63.7%). Despite lower dividends compared to top-tier Australian payers, Nick Scali maintains stable and reliable dividend payments over the past decade.
Take a closer look at Nick Scali's potential here in our dividend report.
Our comprehensive valuation report raises the possibility that Nick Scali is priced higher than what may be justified by its financials.
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$6.13 billion.
Operations: Steadfast Group Limited's revenue primarily comes from its Insurance Intermediary segment, which generated A$1.63 billion, complemented by A$120.20 million from Premium Funding.
Dividend Yield: 3.1%
Steadfast Group's interim dividend of A$0.078 per share, fully franked, reflects its commitment to returning value to shareholders. With a cash payout ratio of 40.6%, the dividend is well covered by cash flows, though earnings coverage is tighter at 85.8%. Despite a history of volatility and unreliability in dividends, recent growth in earnings and revenue suggests potential stability. However, its yield remains modest compared to top-tier Australian dividend payers.
Navigate through the intricacies of Steadfast Group with our comprehensive dividend report here.
Our valuation report here indicates Steadfast Group may be overvalued.
Simply Wall St Dividend Rating: ★★★★★★
Overview: Sugar Terminals Limited offers storage and handling solutions for bulk sugar and other commodities in Australia, with a market cap of A$381.60 million.
Operations: Sugar Terminals Limited generates revenue primarily from the sugar industry, amounting to A$115.38 million.
Dividend Yield: 7.7%
Sugar Terminals offers a compelling dividend profile, trading at 41.1% below its estimated fair value. With a yield of 7.74%, it ranks among the top 25% of Australian dividend payers. Over the past decade, dividends have been stable and growing, supported by an earnings payout ratio of 89.8% and cash flow coverage at 81.8%. Despite limited share liquidity, consistent profit growth enhances its appeal for income-focused investors seeking high-yield opportunities in Australia.
Click here and access our complete dividend analysis report to understand the dynamics of Sugar Terminals.
Our comprehensive valuation report raises the possibility that Sugar Terminals is priced lower than what may be justified by its financials.
Discover the full array of 35 Top ASX Dividend Stocks right here.
Are these companies part of your investment strategy? Use Simply Wall St to consolidate your holdings into a portfolio and gain insights with our comprehensive analysis tools.
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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.
Companies discussed in this article include ASX:NCK ASX:SDF and NSX:SUG.
Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@simplywallst.com
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