Dividend Yield Scan (27 August - 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.
GEM G8 Education Limited $2.42 9.09% 12.98% Buy 0.01
CMW Cromwell Prop Ordinary/Units FP Stapled Securities $1.10 7.58% 7.58% Sell 0.01
GMA Genworth Mortgage $2.66 7.52% 10.74% Buy 0.01
AVN Aventus Retail Fund Ordinary Units FP $2.17 7.49% 7.49% Hold 0.01
AMP AMP Limited $3.39 7.23% 9.51% Hold 0.01
NAB National Aust. Bank $27.61 7.17% 10.24% Buy 0.01
BOQ Bank of Queensland $10.98 6.92% 9.89% Hold 0.01
WBC Westpac Banking Corp $27.66 6.80% 9.71% Buy 0.01
AIZ Air New Zealand Foreign Exempt NZX $3.02 6.70% 6.70% N/A 0.01
CQR Charter Hall Retail Units FP $4.26 6.62% 6.62% Sell 0.01
GNE Genesis Energy Limited Foreign Exempt NZX $2.32 6.52% 6.52% N/A 0.01
HVN Harvey Norman $3.72 6.45% 9.22% Hold 0.01
SGP Stockland Units/ Stapled Securities $4.17 6.36% 6.35% Buy 0.01
IFL IOOF Holdings Limited $8.51 6.35% 9.06% Buy 0.01
SKI Spark Infrastructure Stapled $0.65 Loan Note and Unit US Prohib $2.41 6.33% 6.33% Hold 0.01
CSR CSR Limited $4.27 6.32% 8.02% Hold 0.01
BEN Bendigo and Adelaide $11.10 6.31% 9.01% Sell 0.01
WAM WAM Capital Limited $2.50 6.20% 8.86% N/A 0.01
AZJ Aurizon Holdings Limited $4.38 6.19% 7.64% Sell 0.01
VVR Viva Energy REIT Stapled Securities $2.14 6.17% 6.17% Strong Buy 0.01
PPT Perpetual Limited $44.13 6.12% 8.74% Hold 0.01
CBA Commonwealth Bank $70.89 6.08% 8.69% Hold 0.01
VCX Vicinity Centres Ordinary/Units FP Stapled Securities $2.70 6.04% 6.04% Buy 0.01
GOZ Growthpoint Property Unit/ Stapled Securities $3.68 6.03% 6.03% Sell 0.01
PTM Platinum Asset $5.38 5.95% 8.50% Sell 0.01
AWC Alumina Limited $2.90 5.93% 8.48% Buy 0.01
SCP Sca Property Group Units FP Stapled Securities $2.37 5.87% 5.86% Sell 0.01
FMG Fortescue Metals Group $3.99 5.76% 8.23% Buy 0.01
AST Ausnet Services Limited $1.605 5.76% 5.76% Hold 0.01
PGH Pact Group Holdings Limited $4.02 5.72% 7.31% Buy 0.01
SXL STHN Cross Media $1.36 5.70% 8.14% Hold 0.01
AGL AGL Energy Limited $20.55 5.69% 7.65% Hold 0.01
ANZ ANZ Banking Group Limited $28.50 5.61% 8.02% Buy 0.01
REG Regis Healthcare Limited $3.45 5.60% 8.00% Buy 0.01
BWP BWP Trust Ordinary Units FP $3.20 5.57% 5.57% Strong Sell 0.01
RIO RIO Tinto Limited $71.93 5.55% 7.93% Buy 0.01
SPK Spark New Zealand Foreign Exempt NZX $3.51 5.53% 5.53% N/A 0.01
WHC Whitehaven Coal $4.91 5.50% 5.50% Buy 0.01
SCG Scentre Group Stapled Securities $4.09 5.37% 5.62% Buy 0.01
PDL Pendal Group Limited $9.23 5.20% 5.66% N/A 0.01
JBH JB Hi-Fi Limited $25.60 5.16% 7.37% Hold 0.01
ABP Abacus Property Group Units/ Stapled Securities $3.50 5.14% 5.14% Hold 0.01
SUL Super Ret Rep Limited $9.64 5.08% 7.26% Hold 0.01
SYD SYD Airport FP Stapled Securities US Prohibited $7.19 5.08% 5.08% Hold 0.01

* 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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