Dividend Yield Scan (11 March - 24 Results)

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.

The Scan

1.   Market capitalisation $2b<
2.   Dividend yield 5.0%<
3.   Rank by dividend yield


Caution

A high dividend yield can indicate:
•   A falling share price
•   A company with limited growth prospects
•   A once-off or special dividend

 

Consensus Recommendation
The average recommendation of all analysts covering the company.

DPS Growth
The forecasted average annual growth in dividends per share for the next 2 years.

Code Company Yield Price Consensus DPS Growth
WOR WorleyParsons Limited 8.35% 9.40 Hold -12.90%
FMG Fortescue Metals Group Ltd 7.22% 2.02 Hold -43.40%
WPL Woodside Petroleum Limited 6.98% 34.89 Strong Sell -21.00%
DUE DUET Group 6.87% 2.50 Strong Sell 3.20%
GNE Genesis Energy Limited 6.30% 2.23 Hold 68.80%
IAG Insurance Australia Group Limited 6.28% 5.97 Buy -2.30%
SUN Suncorp Group Limited 6.25% 13.33 Hold 13.70%
ALQ ALS Limited 5.84% 5.43 Sell -21.80%
AST AusNet Services 5.83% 1.44 Buy 1.20%
SKI Spark Infrastructure Group 5.61% 2.05 N/A N/A
MEZCA Meridian Energy Limited 5.57% 1.95 Hold -3.60%
SPK Spark New Zealand Limited 5.47% 3.09 Sell 8.20%
SVW Seven Group Holdings Limited 5.46% 7.33 Hold 1.20%
FDC Federation Centres 5.42% 2.98 Sell 7.10%
SCG Scentre Group 5.41% 3.82 Sell 3.40%
SGP Stockland 5.39% 4.45 Buy 0.50%
NAB National Australia Bank Limited 5.38% 37.76 Hold 5.50%
NVN Novion Property Group 5.33% 2.57 Sell 1.60%
SKT Sky Network Television Limited 5.31% 5.52 Buy 9.00%
BEN Bendigo and Adelaide Bank Limited 5.26% 12.55 Hold 5.30%
ANZ Australia & New Zealand Banking Group Ltd 5.17% 35.30 Hold 5.20%
DXS Dexus Property Group 5.11% 7.67 Buy 7.00%
BOQ Bank of Queensland Limited 5.07% 13.88 Buy 9.80%
HVN Harvey Norman Holdings Ltd 5.04% 4.49 Hold 12.10%

* A high dividend yield ratio is not always indicative of a companies future earnings or yield. If income is a priority in your investment strategy then it may be prudent to wait until a companies dividend is declared and an ex-dividend date is announced.



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