Dividend Yield Scan (2 May - 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.
AWC Alumina Limited $2.23 14.04% 20.05% Hold 1
BOQ Bank of Queensland $8.89 8.10% 11.57% Sell 1
AIZ Air New Zealand Foreign Exempt NZX $2.57 8.07% 8.07% N/A 1
IFL IOOF Holdings Limited $6.54 8.03% 11.47% Hold 1
NAB National Aust. Bank $25.78 7.68% 10.97% Buy 1
WAM WAM Capital Limited $2.03 7.64% 10.91% N/A 1
CSR CSR Limited $3.57 7.42% 10.20% Hold 1
HVN Harvey Norman $4.09 7.34% 10.48% Hold 1
AVN Aventus Group FP Ordinary/Units Stapled Securities $2.28 7.22% 7.22% Hold 1
SGP Stockland FP Ordinary/Units Stapled Securities $3.79 7.12% 7.12% Hold 1
SKI Spark Infrastructure Stapled $0.65 Loan Note and Unit US Prohib $2.27 7.05% 7.05% Sell 1
GMA Genworth Mortgage $2.47 6.88% 9.83% Buy 1
WHC Whitehaven Coal $4.22 6.87% 6.87% Strong Buy 1
BEN Bendigo and Adelaide $10.36 6.76% 9.65% Strong Sell 1
CMW Cromwell Prop FP Ordinary/Units Stapled Securities $1.115 6.74% 6.74% Strong Sell 1
WBC Westpac Banking Corp $28.14 6.68% 9.54% Hold 1
PPT Perpetual Limited $40.87 6.48% 9.26% Sell 1
VCX Vicinity Centres FP Ordinary/Units Stapled Securities $2.53 6.38% 6.38% Hold 1
SUL Super Ret Rep Limited $7.90 6.20% 8.86% Hold 1
WES Wesfarmers Limited $35.79 6.15% 8.78% Hold 1
CQR Charter Hall Retail Units FP $4.68 6.09% 6.09% Sell 1
AMP AMP Limited $2.31 6.06% 7.65% Hold 1
NHC New Hope Corporation $2.68 5.97% 8.53% Hold 1
PTM Platinum Asset $4.97 5.84% 8.33% Sell 1
SCG Scentre Group FP Ordinary/Units Stapled Securities $3.80 5.83% 6.18% Hold 1
ANZ ANZ Banking Group Limited $27.95 5.73% 8.18% Hold 1
SPK Spark New Zealand Foreign Exempt NZX $3.47 5.72% 5.71% N/A 1
CBA Commonwealth Bank $75.50 5.71% 8.16% Hold 1
WPL Woodside Petroleum $35.50 5.63% 8.04% Hold 1
PDL Pendal Group Limited $9.24 5.63% 5.99% N/A 1
SCP Sca Property Group FP Units Stapled Securities $2.57 5.58% 5.58% Sell 1
MMS Mcmillan Shakespeare $13.27 5.58% 7.97% Buy 1
JHG Janus Henderson Chess Depositary Interests 1:1 $35.51 5.55% 5.55% N/A 1
BLD Boral Limited $4.90 5.51% 6.69% Buy 1
JBH JB Hi-Fi Limited $25.28 5.42% 7.74% Hold 1
VVR Viva Energy REIT FP Ordinary/Units Stapled Securities $2.44 5.41% 5.41% Buy 1
ZEL Z Energy Limited Foreign Exempt NZX $5.90 5.39% 5.39% N/A 1
AGL AGL Energy Limited $21.96 5.37% 7.22% Hold 1
GOZ Growthpoint Property FP Ordinary/Units Stapled Securities $4.22 5.36% 5.36% N/A 1
AST Ausnet Services Limited $1.775 5.34% 5.81% Hold 1
GNE Genesis Energy Limited Foreign Exempt NZX $0.00 5.34% 5.34% N/A 1
CCL Coca-Cola Amatil $8.93 5.26% 6.54% Sell 1
NSR National Storage FP Ordinary/Units Stapled Securities $1.80 5.22% 5.22% Hold 1
AZJ Aurizon Holdings Limited $4.78 5.13% 6.54% Hold 1
SKC Skycity Ent Group Limited Foreign Exempt NZX $3.66 5.12% 5.12% N/A 1
CEN Contact Energy Limited Foreign Exempt NZX $6.30 5.06% 5.06% N/A 1
REG Regis Healthcare Limited $3.35 5.01% 7.15% 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