Dividend Yield Scan (13 May - 25 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 Price Yield Consensus DPS Growth
WOR WorleyParsons Limited 10.08 7.44% Hold -17.40%
WPL Woodside Petroleum Limited 34.51 7.23% Sell -28.20%
DUE DUET Group 2.51 6.85% Strong Sell 3.20%
IAG Insurance Australia Group Limited 5.48 6.49% Hold -7.70%
SPK Spark New Zealand Limited 2.67 6.33% Sell 8.20%
SUN Suncorp Group Limited 13.17 6.11% Hold 9.30%
SKI Spark Infrastructure Group 1.925 5.97% N/A N/A
AST AusNet Services 1.455 5.75% Buy 1.20%
NAB National Australia Bank Limited 34.54 5.69% Hold 3.50%
ANZ Australia & New Zealand Banking Group Ltd 32.41 5.61% Buy 4.30%
ALQ ALS Limited 5.66 5.57% Buy -21.60%
SGP Stockland 4.35 5.52% Buy 0.40%
SVW Seven Group Holdings Limited 7.27 5.50% Hold 1.20%
NVN Novion Property Group 2.5 5.48% Sell 1.60%
WBC Westpac Banking Corporation 34.06 5.42% Buy 3.50%
SCG Scentre Group 3.81 5.42% Sell 3.40%
FDC Federation Centres 2.99 5.40% Sell 7.10%
BEN Bendigo and Adelaide Bank Limited 12.26 5.38% Hold 5.30%
BOQ Bank of Queensland Limited 13.13 5.32% Hold 8.70%
DXS Dexus Property Group 7.43 5.28% Buy 5.90%
FMG Fortescue Metals Group Ltd 2.57 5.22% Sell -47.60%
HVN Harvey Norman Holdings Ltd 4.4 5.15% Hold 12.10%
MEZ Meridian Energy Limited 2.2 5.05% Hold 9.20%
IOF Investa Office Fund 3.74 5.05% Buy 3.90%
SKT Sky Network Television Limited 5.82 5.04% Hold 9.10%

* Data as at the close of 13 May 2015. 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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