Dividend Yield Scan (21 November - 39 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 supplied by FNArena who monitor 8 major broking firms daily.
See the Consensus Data blog for details on how these broker averages are calculated.

Dividend Yield
Last 12 months dividends, divided by the current share price.

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

Code Company Price Yield Gross Consensus DPS Gr.
FMG Fortescue Metals Group LTD $4.68 9.62% 13.74% Hold -5.10%
TLS Telstra Corporation Limited $3.47 8.93% 12.76% Hold -15.80%
GMA Genworth Mortgage Insurance Australia Limited $3.09 8.41% 12.02% Hold -26.30%
CMW Cromwell Property Group Stapled $1.015 8.34% 8.22% Hold -1.90%
CQR Charter Hall Retail Reit Unit $4.09 6.96% 6.87% Hold 0.70%
GNE Genesis Energy Limited NZX $2.14 6.92% 6.92% N/A 0.70%
AIZ Air New Zealand Limited NZX $2.87 6.69% 6.69% Hold -9.70%
HVN Harvey Norman Holdings Limited $3.92 6.63% 9.47% Hold -3.80%
VCX Vicinity Centres Stapled $2.74 6.60% 6.31% Buy 0.20%
NAB National Australia Bank Limited $30.03 6.59% 9.42% Hold 0.10%
GOZ Growthpoint Properties Australia Stapled $3.44 6.48% 6.25% N/A 4.80%
NEC Nine Entertainment Co. Holdings Limited $1.52 6.25% 8.93% Hold 0.00%
BEN Bendigo And Adelaide Bank Limited $11.00 6.18% 8.83% Hold 3.30%
SPK Spark New Zealand Limited NZX $3.27 6.13% 6.13% Buy -0.90%
BOQ Bank of Queensland Limited $12.64 6.01% 8.59% Hold -0.90%
CSR CSR Limited $4.42 6.00% 7.28% Hold -5.70%
WBC Westpac Banking Corporation $31.82 5.91% 8.44% Hold N/A
SUL Super Retail Group Limited $7.94 5.86% 8.37% Buy 4.40%
FXJ Fairfax Media Limited $0.685 5.84% 7.96% Hold 0.00%
SGP Stockland Stapled $4.57 5.81% 5.58% Hold 5.30%
BWP BWP Trust Ord Units $3.07 5.78% 5.70% Strong Sell 0.10%
CCL Coca-cola Amatil Limited $7.96 5.78% 7.58% Hold 0.40%
AHG Automotive Holdings Group Limited $3.30 5.76% 8.22% N/A 6.40%
FBU Fletcher Building Limited NZX $6.25 5.71% 5.71% Hold -0.40%
AMP AMP Limited $5.09 5.60% 7.76% Hold 1.90%
SCP Shopping Centres Australasia Property Group Stapled $2.35 5.60% 5.57% Hold 3.30%
REG Regis Healthcare Limited $3.67 5.54% 7.92% N/A N/A
PPT Perpetual Limited $48.13 5.51% 7.87% Hold 4.30%
ANZ Australia And New Zealand Banking Group Limited $29.28 5.46% 7.81% Hold 2.40%
JBH JB Hi-fi Limited $21.89 5.39% 7.70% Hold 8.60%
GEM G8 Education Limited $4.46 5.38% 7.69% Strong Buy -8.70%
SCG Scentre Group Stapled $4.16 5.34% 5.47% Buy 2.00%
CBA Commonwealth Bank of Australia $80.61 5.32% 7.60% Hold 1.50%
WES Wesfarmers Limited $42.42 5.26% 7.51% Hold 2.50%
SUN Suncorp Group Limited $13.95 5.23% 7.48% Hold 2.40%
CNU Chorus Limited NZX $3.75 5.16% 5.15% N/A 1.40%
TAH Tabcorp Holdings Limited $4.94 5.06% 7.23% Buy 2.60%
QBE QBE Insurance Group Limited $11.05 4.98% 5.87% Hold -12.20%
CWN Crown Resorts Limited $12.34 4.86% 6.11% Hold -33.80%

* 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.



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