Dividend Yield Scan (19 October - 44 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.
AWC Alumina Limited $2.58 9.16% 13.09% Buy 1
HVN Harvey Norman $3.49 8.60% 12.28% Hold 1
AIZ Air New Zealand Foreign Exempt NZX $2.55 7.95% 7.95% N/A 1
CMW Cromwell Prop Ordinary/Units FP Stapled Securities $1.025 7.86% 7.86% Strong Sell 1
AMP AMP Limited $3.17 7.73% 10.17% Hold 1
NAB National Aust. Bank $25.74 7.69% 10.99% Buy 1
PPT Perpetual Limited $35.80 7.68% 10.97% Hold 1
AVN Aventus Group Stapled Securities $2.15 7.58% 7.58% Hold 1
CSR CSR Limited $3.67 7.36% 9.33% Hold 1
BOQ Bank of Queensland $10.56 7.20% 10.28% Hold 1
SKI Spark Infrastructure Stapled $0.65 Loan Note and Unit US Prohib $2.21 7.07% 7.07% Hold 1
WBC Westpac Banking Corp $26.69 7.04% 10.06% Buy 1
BEN Bendigo and Adelaide $10.27 6.82% 9.74% Sell 1
IFL IOOF Holdings Limited $7.93 6.81% 9.73% Buy 1
SGP Stockland Units/ Stapled Securities $3.92 6.76% 6.76% Buy 1
GNE Genesis Energy Limited Foreign Exempt NZX $2.26 6.74% 6.74% N/A 1
CQR Charter Hall Retail Units FP $4.19 6.73% 6.73% Sell 1
AZJ Aurizon Holdings Limited $4.10 6.61% 8.16% Sell 1
PGH Pact Group Holdings Limited $3.51 6.55% 8.38% Buy 1
PTM Platinum Asset $4.95 6.47% 9.23% Hold 1
CBA Commonwealth Bank $67.22 6.41% 9.16% Hold 1
WAM WAM Capital Limited $2.47 6.28% 8.96% N/A 1
ANZ ANZ Banking Group Limited $25.88 6.18% 8.83% Buy 1
AGL AGL Energy Limited $18.97 6.17% 8.28% Hold 1
VCX Vicinity Centres Ordinary/Units FP Stapled Securities $2.67 6.11% 6.10% Hold 1
VVR Viva Energy REIT Stapled Securities $2.17 6.08% 6.08% Strong Buy 1
GOZ Growthpoint Property Unit/ Stapled Securities $3.66 6.07% 6.07% Sell 1
FMG Fortescue Metals Group $3.97 5.79% 8.27% Hold 1
PDL Pendal Group Limited $8.32 5.77% 6.27% N/A 1
NSR National Storage Stapled Security FP $1.665 5.77% 5.77% Sell 1
AST Ausnet Services Limited $1.65 5.61% 5.61% N/A 1
SCG Scentre Group Stapled Securities $3.92 5.60% 5.86% Buy 1
SCP Sca Property Group Units FP Stapled Securities $2.49 5.58% 5.58% Sell 1
ABP Abacus Property Group Units/ Stapled Securities $3.25 5.54% 5.54% Hold 1
SYD SYD Airport FP Stapled Securities $6.66 5.48% 5.48% Hold 1
SPK Spark New Zealand Foreign Exempt NZX $3.57 5.45% 5.45% N/A 1
BWP BWP Trust Ordinary Units FP $3.34 5.33% 5.33% Strong Sell 1
JBH JB Hi-Fi Limited $24.96 5.29% 7.55% Hold 1
SUL Super Ret Rep Limited $9.35 5.24% 7.49% Hold 1
SUN Suncorp Group Limited $14.13 5.17% 7.38% Hold 1
SKC Skycity Ent Group Limited Foreign Exempt NZX $3.59 5.15% 5.14% N/A 1
TCL Transurban Group Ordinary Shares/Units FP Triple Stapled $10.99 5.10% 5.29% Buy 1
ZEL Z Energy Limited Foreign Exempt NZX $5.83 5.06% 5.06% N/A 1
MFG Magellan Fin Group Limited $27.16 4.95% 7.07% Buy 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