Dividend Yield Scan (18 February - 47 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 $1b+
2.   Dividend yield 5.0%+
3.   Cross-match broker consensus
4.   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
Data is compiled by Market Index. See the Consensus Data blog for details on how the broker averages are calculated.

Dividend Yield
Last 12 months dividends (excluding any special dividends) divided by the current share price. Data supplied by the ASX. Gross Yield calculated by Market Index.

Code Company Price Yield Gross Consensus DPS Gr.
IFL IOOF Holdings Limited $5.10 10.59% 15.13% Hold 1
AWC Alumina Limited $2.62 9.02% 12.89% Buy 1
HVN Harvey Norman $3.56 8.43% 12.04% Hold 1
CSR CSR Limited $3.21 8.26% 11.34% Hold 1
NAB National Aust. Bank $24.22 8.18% 11.68% Buy 1
AIZ Air New Zealand Foreign Exempt NZX $2.60 7.80% 7.80% N/A 1
PPT Perpetual Limited $35.31 7.79% 11.13% Hold 1
BOQ Bank of Queensland $9.95 7.64% 10.91% Hold 1
PGH Pact Group Holdings Limited $3.04 7.57% 9.67% Hold 1
AVN Aventus Group FP Ordinary/Units Stapled Securities $2.21 7.41% 7.41% Buy 1
SGP Stockland FP Ordinary/Units Stapled Securities $3.72 7.26% 7.26% Hold 1
WAM WAM Capital Limited $2.15 7.21% 10.30% N/A 1
CMW Cromwell Prop FP Ordinary/Units Stapled Securities $1.085 7.18% 7.18% Hold 1
WBC Westpac Banking Corp $26.24 7.17% 10.24% Hold 1
GMA Genworth Mortgage $2.38 7.14% 10.20% Buy 1
BEN Bendigo and Adelaide $9.87 7.09% 10.13% Strong Sell 1
SKI Spark Infrastructure Stapled $0.65 Loan Note and Unit US Prohib $2.24 6.97% 6.97% Hold 1
WES Wesfarmers Limited $33.30 6.70% 9.57% Hold 1
AMP AMP Limited $2.18 6.42% 8.11% Hold 1
PTM Platinum Asset $4.99 6.41% 9.16% Strong Sell 1
PDL Pendal Group Limited $8.23 6.32% 6.72% N/A 1
SUL Super Ret Rep Limited $7.76 6.31% 9.02% Buy 1
VCX Vicinity Centres FP Ordinary/Units Stapled Securities $2.56 6.31% 6.31% Hold 1
CQR Charter Hall Retail Units FP $4.58 6.22% 6.22% Sell 1
CBA Commonwealth Bank $70.81 6.09% 8.70% Hold 1
WHC Whitehaven Coal $4.47 6.04% 6.04% Buy 1
ANZ ANZ Banking Group Limited $26.81 5.97% 8.53% Buy 1
JBH JB Hi-Fi Limited $23.11 5.93% 8.47% Hold 1
GNE Genesis Energy Limited Foreign Exempt NZX $2.59 5.88% 5.88% N/A 1
SCP Sca Property Group FP Units Stapled Securities $2.49 5.76% 5.76% Sell 1
GOZ Growthpoint Property FP Ordinary/Units Stapled Securities $3.99 5.66% 5.66% Strong Sell 1
CCL Coca-Cola Amatil $8.41 5.59% 7.21% Sell 1
SCG Scentre Group FP Ordinary/Units Stapled Securities $3.98 5.57% 5.57% Buy 1
WPL Woodside Petroleum $36.06 5.56% 7.94% Buy 1
AST Ausnet Services Limited $1.74 5.45% 5.93% Hold 1
APE A.P. Eagers Limited $6.70 5.45% 7.78% Hold 1
SYD SYD Airport FP Ordinary/Units Stapled Securities $6.90 5.44% 5.43% Hold 1
ZEL Z Energy Limited Foreign Exempt NZX $5.85 5.43% 5.43% N/A 1
VVR Viva Energy REIT FP Ordinary/Units Stapled Securities $2.43 5.43% 5.43% Strong Buy 1
BLD Boral Limited $4.88 5.43% 6.59% Buy 1
AGL AGL Energy Limited $22.05 5.35% 7.19% Sell 1
AZJ Aurizon Holdings Limited $4.62 5.30% 6.77% Sell 1
CEN Contact Energy Limited Foreign Exempt NZX $0.00 5.28% 5.28% N/A 1
MTS Metcash Limited $2.56 5.27% 7.53% Hold 1
SUN Suncorp Group Limited $13.10 5.04% 7.20% Hold 1
SKC Skycity Ent Group Limited Foreign Exempt NZX $3.71 5.03% 5.03% N/A 1
NSR National Storage FP Ordinary/Units Stapled Securities $1.87 5.03% 5.03% Hold 1

* Share prices and and yield data as at previous close. Dividend data supplied by the ASX. Gross yield calculated by Market Index. Consensus broker data as at today's date. 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.



Follow us to get
Dividend Yield scans in your feed