The dividend yield scan locates the highest yielding ASX listed stocks with the best fundamentals from the top ~150 largest companies.
After filtering for size and yield, the average analyst recommendation can be used to help identify companies with poor fundamentals. The list is not definitive; it simply provides a starting point for locating high yielding companies that may warrant further investigation.
1. Market capitalisation $1b+
2. Dividend yield 5.0%+
3. Cross-match broker consensus
4. Rank by dividend yield
A high dividend yield can indicate:
• A falling share price
• A company with limited growth prospects
• A once-off or special dividend