Dividend Yield Scan (23 September - 36 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
DUE DUET Group 2.14 8.13% Sell 5.00%
WPL Woodside Petroleum Limited 29.65 7.80% Hold -28.50%
ORG Origin Energy Limited 6.86 7.29% Strong Buy 0.00%
BHP BHP Billiton Limited 23.86 7.05% Hold 4.60%
AIZ Air New Zealand Limited 2.21 7.05% Hold 9.50%
SPK Spark New Zealand Limited 2.88 6.89% Hold 11.50%
SUN Suncorp Group Limited 12.36 6.69% Buy 7.60%
BEN Bendigo and Adelaide Bank Limited 10.17 6.55% Hold 3.70%
FDC Federation Centres 2.65 6.51% Hold 4.30%
STO Santos Limited 4.99 6.51% Hold -7.40%
ANZ Australia & New Zealand Banking Group Ltd 27.83 6.46% Buy 1.90%
NAB National Australia Bank Limited 30.51 6.44% Buy 0.90%
MEZ Meridian Energy Limited 1.99 6.41% Hold 4.10%
IFL IOOF Holdings Limited 8.71 6.36% Buy 7.40%
SGP Stockland 3.85 6.30% Buy 2.00%
AST AusNet Services 1.365 6.19% Buy 2.20%
SKI Spark Infrastructure Group 1.91 6.02% N/A N/A
WBC Westpac Banking Corporation 31.11 5.93% Strong Buy 2.60%
FBU Fletcher Building Limited 6.38 5.90% Buy 13.20%
DXS Dexus Property Group 7.18 5.88% Hold 4.00%
IAG Insurance Australia Group Limited 4.96 5.83% Hold -0.40%
BOQ Bank of Queensland Limited 12.02 5.81% Hold 8.40%
RIO Rio Tinto Limited 49.19 5.76% Buy 7.70%
CBA Commonwealth Bank of Australia 73.8 5.72% Hold 3.80%
PTM Platinum Asset Management Limited 6.6 5.71% Hold -5.50%
MGR Mirvac Group 1.705 5.66% Buy 4.70%
ORI Orica Limited 15.28 5.66% Hold -8.70%
WOW Woolworths Limited 24.79 5.61% Sell 0.00%
MYT Mighty River Power Limited 2.37 5.52% Hold -0.60%
SKC SkyCity Entertainment Group Limited 3.42 5.51% Buy 8.90%
TLS Telstra Corporation Limited 5.67 5.47% Hold 3.20%
SCG Scentre Group 3.82 5.41% Sell 2.70%
WES Wesfarmers Limited 39.03 5.24% Hold -1.80%
HVN Harvey Norman Holdings Ltd 3.98 5.17% Buy -18.20%
FXJ Fairfax Media Limited 0.875 5.14% Hold 14.00%
IOF Investa Office Fund 3.83 5.09% Hold 2.10%

* Share prices as at previous close. 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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