Dividend Yield Scan (31 January - 42 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 $2.18 11.98% 17.12% Sell 1
WHC Whitehaven Coal $2.43 11.52% 12.02% Buy 1
ZEL Z Energy Limited Foreign Exempt NZX $4.26 10.42% 10.42% N/A 1
NHC New Hope Corporation $1.86 9.14% 13.05% Buy 1
YAL Yancoal Aust Limited $2.89 9.10% 9.10% Buy 1
BOQ Bank of Queensland $7.58 8.58% 12.25% Sell 1
AIZ Air New Zealand Foreign Exempt NZX $2.67 7.84% 7.84% N/A 1
HVN Harvey Norman $4.25 7.77% 11.09% Sell 1
SKI Spark Infrastructure Stapled $0.65 Loan Note and Unit US Prohib $2.13 7.28% 7.28% Hold 1
ZIM Zimplats Holding Limited 10c US $12.46 7.05% 7.05% N/A 1
WBC Westpac Banking Corp $25.31 6.88% 9.82% Hold 1
WAM WAM Capital Limited $2.26 6.86% 9.80% N/A 1
BEN Bendigo and Adelaide $10.29 6.80% 9.72% Strong Sell 1
NAB National Aust. Bank $25.88 6.41% 9.16% Hold 1
CQR Charter Hall Retail Units FP $4.68 6.20% 6.20% Hold 1
ANZ ANZ Banking Group Limited $25.83 6.19% 8.45% Hold 1
VCX Vicinity Centres FP Ordinary/Units Stapled Securities $2.56 6.11% 6.11% Hold 1
PPT Perpetual Limited $41.38 6.04% 8.63% Sell 1
CMW Cromwell Prop FP Ordinary/Units Stapled Securities $1.22 6.04% 6.04% Strong Sell 1
AGL AGL Energy Limited $19.85 6.00% 8.05% Strong Sell 1
CMA Centuria Metro REIT Ordinary Units FP $2.96 5.95% 5.95% Hold 1
AVN Aventus Group FP Ordinary/Units Stapled Securities $2.88 5.84% 5.84% Hold 1
SCG Scentre Group FP Ordinary/Units Stapled Securities $3.92 5.71% 6.05% Hold 1
AST Ausnet Services Limited $1.75 5.69% 6.85% Hold 1
PTM Platinum Asset $4.79 5.64% 8.05% Strong Sell 1
SGP Stockland FP Ordinary/Units Stapled Securities $4.97 5.55% 5.55% Sell 1
SUN Suncorp Group Limited $12.88 5.44% 7.76% Hold 1
GOZ Growthpoint Property FP Ordinary/Units Stapled Securities $4.37 5.36% 5.45% Hold 1
JHG Janus Henderson Chess Depositary Interests 1:1 $38.81 5.33% 5.33% N/A 1
SKC Skycity Ent Group Limited Foreign Exempt NZX $3.59 5.28% 5.28% N/A 1
SUL Super Ret Rep Limited $9.50 5.26% 7.52% Buy 1
NEC Nine Entertainment $1.92 5.21% 7.44% Strong Buy 1
WPL Woodside Petroleum $34.64 5.21% 7.44% Buy 1
SCP Sca Property Group FP Units Stapled Securities $2.89 5.17% 5.17% Sell 1
CWN Crown Resorts Limited $11.60 5.17% 6.11% Hold 1
CIP Centuria I REIT Ordinary Units FP $3.62 5.12% 5.12% Hold 1
MTS Metcash Limited $2.56 5.08% 7.25% Hold 1
PDL Pendal Group Limited $8.91 5.05% 5.27% N/A 1
CBA Commonwealth Bank $85.44 5.04% 7.21% Strong Sell 1
ABP Abacus Property Group FP Ordinary/Units Stapled Securities $3.71 5.04% 5.04% Hold 1
GNE Genesis Energy Limited Foreign Exempt NZX $3.10 5.03% 5.03% N/A 1
SGR The Star Ent Group $4.10 5.00% 7.14% 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