Dividend Yield Scan (7 October - 46 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 $2.29 11.41% 16.30% Hold 1
WHC Whitehaven Coal $3.11 9.00% 9.40% Buy 1
ZIM Zimplats Holding Limited 10c US $0.00 8.78% 8.78% N/A 1
YAL Yancoal Aust Limited $3.06 8.60% 8.60% Buy 1
AIZ Air New Zealand Foreign Exempt NZX $2.61 8.02% 8.02% N/A 1
NHC New Hope Corporation $2.16 7.87% 11.24% Buy 1
ZEL Z Energy Limited Foreign Exempt NZX $5.19 7.81% 7.81% N/A 1
BOQ Bank of Queensland $9.55 7.54% 10.77% Strong Sell 1
HVN Harvey Norman $4.47 7.38% 10.55% Sell 1
SKI Spark Infrastructure Stapled $0.65 Loan Note and Unit US Prohib $2.14 7.24% 7.24% Hold 1
PDL Pendal Group Limited $6.96 7.18% 7.58% Buy 1
ABC Adelaide Brighton $2.91 6.87% 9.82% Hold 1
PPT Perpetual Limited $36.39 6.87% 9.81% Sell 1
WAM WAM Capital Limited $2.29 6.77% 9.67% N/A 1
PTM Platinum Asset $4.02 6.72% 9.59% Strong Sell 1
CQR Charter Hall Retail Units FP $4.29 6.70% 6.70% Sell 1
WBC Westpac Banking Corp $28.42 6.62% 9.45% Hold 1
NAB National Aust. Bank $27.85 6.54% 9.34% Hold 1
CSR CSR Limited $4.00 6.50% 8.59% Strong Sell 1
JHG Janus Henderson Chess Depositary Interests 1:1 $31.55 6.47% 6.47% Sell 1
BEN Bendigo and Adelaide $11.10 6.31% 9.01% Strong Sell 1
VCX Vicinity Centres FP Ordinary/Units Stapled Securities $2.54 6.26% 6.26% Hold 1
AGL AGL Energy Limited $19.02 6.26% 8.40% Strong Sell 1
SGP Stockland FP Ordinary/Units Stapled Securities $4.46 6.19% 6.19% Sell 1
AVN Aventus Group FP Ordinary/Units Stapled Securities $2.70 6.19% 6.19% Hold 1
IFL IOOF Holdings Limited $6.17 6.08% 8.68% Hold 1
ANZ ANZ Banking Group Limited $27.17 5.89% 8.41% Hold 1
WPL Woodside Petroleum $30.85 5.84% 8.35% Buy 1
CMA Centuria Metro REIT Ordinary Units FP $3.01 5.82% 5.82% Hold 1
BLD Boral Limited $4.56 5.81% 7.05% Buy 1
SCG Scentre Group FP Ordinary/Units Stapled Securities $3.93 5.70% 6.03% Hold 1
SCP Sca Property Group FP Units Stapled Securities $2.62 5.61% 5.61% Sell 1
CBA Commonwealth Bank $77.59 5.56% 7.94% Sell 1
BHP BHP Group Limited $35.30 5.43% 7.76% Hold 1
AST Ausnet Services Limited $1.80 5.40% 6.38% Hold 1
RIO RIO Tinto Limited $87.65 5.36% 7.66% N/A 1
GEM G8 Education Limited $2.38 5.36% 7.65% Hold 1
GOZ Growthpoint Property FP Ordinary/Units Stapled Securities $4.32 5.32% 5.32% Sell 1
GMA Genworth Mortgage $3.39 5.31% 6.78% N/A 1
NSR National Storage FP Ordinary/Units Stapled Securities $1.81 5.30% 5.30% Sell 1
SUL Super Ret Rep Limited $9.56 5.23% 7.47% Buy 1
SKC Skycity Ent Group Limited Foreign Exempt NZX $3.67 5.17% 5.17% N/A 1
CIM Cimic Group Limited $30.48 5.15% 7.36% N/A 1
CGF Challenger Limited $6.93 5.12% 7.32% Hold 1
FMG Fortescue Metals Group $8.62 4.99% 7.13% Hold 1
CWN Crown Resorts Limited $12.10 4.96% 5.86% 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