Dividend Yield Scan (9 April - 50 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 $2.60 12.04% 17.20% Buy 1
IFL IOOF Holdings Limited $6.38 8.23% 11.76% Hold 1
BOQ Bank of Queensland $9.43 8.06% 11.51% Hold 1
NAB National Aust. Bank $24.70 8.02% 11.45% Buy 1
AIZ Air New Zealand Foreign Exempt NZX $2.60 7.97% 7.97% N/A 1
HVN Harvey Norman $3.89 7.71% 11.02% Hold 1
WHC Whitehaven Coal $3.84 7.55% 7.55% Buy 1
CSR CSR Limited $3.53 7.51% 10.31% Hold 1
AVN Aventus Group FP Ordinary/Units Stapled Securities $2.26 7.28% 7.28% Hold 1
SKI Spark Infrastructure Stapled $0.65 Loan Note and Unit US Prohib $2.20 7.27% 7.27% Sell 1
WBC Westpac Banking Corp $25.88 7.26% 10.38% Hold 1
GMA Genworth Mortgage $2.36 7.20% 10.29% Buy 1
BEN Bendigo and Adelaide $9.86 7.10% 10.14% Strong Sell 1
SGP Stockland FP Ordinary/Units Stapled Securities $3.87 6.98% 6.98% Hold 1
WAM WAM Capital Limited $2.23 6.95% 9.93% N/A 1
CMW Cromwell Prop FP Ordinary/Units Stapled Securities $1.085 6.93% 6.93% Strong Sell 1
PPT Perpetual Limited $39.85 6.65% 9.50% Hold 1
AMP AMP Limited $2.14 6.54% 8.26% Hold 1
VCX Vicinity Centres FP Ordinary/Units Stapled Securities $2.52 6.41% 6.41% Hold 1
WES Wesfarmers Limited $34.43 6.39% 9.13% Sell 1
CQR Charter Hall Retail Units FP $4.55 6.26% 6.26% Sell 1
ANZ ANZ Banking Group Limited $25.80 6.20% 8.86% Hold 1
PTM Platinum Asset $4.71 6.16% 8.79% Strong Sell 1
CBA Commonwealth Bank $70.67 6.10% 8.71% Hold 1
MMS Mcmillan Shakespeare $12.20 6.07% 8.66% Buy 1
SUL Super Ret Rep Limited $8.25 5.94% 8.48% Buy 1
WPL Woodside Petroleum $34.56 5.78% 8.26% Buy 1
BLD Boral Limited $4.70 5.75% 6.97% Buy 1
NHC New Hope Corporation $2.81 5.69% 8.13% Hold 1
SPK Spark New Zealand Foreign Exempt NZX $3.49 5.68% 5.68% N/A 1
SCG Scentre Group FP Ordinary/Units Stapled Securities $3.92 5.65% 5.99% Hold 1
JHG Janus Henderson Chess Depositary Interests 1:1 $35.20 5.59% 5.59% N/A 1
SCP Sca Property Group FP Units Stapled Securities $2.57 5.58% 5.58% Sell 1
CCL Coca-Cola Amatil $8.43 5.58% 6.93% Sell 1
PDL Pendal Group Limited $9.34 5.57% 5.93% N/A 1
JBH JB Hi-Fi Limited $24.69 5.55% 7.93% Hold 1
SGR The Star Ent Group $4.24 5.54% 7.92% Strong Buy 1
GOZ Growthpoint Property FP Ordinary/Units Stapled Securities $4.10 5.51% 5.51% Strong Sell 1
AGL AGL Energy Limited $21.71 5.44% 7.30% Hold 1
NSR National Storage FP Ordinary/Units Stapled Securities $1.745 5.39% 5.39% Hold 1
AZJ Aurizon Holdings Limited $4.55 5.39% 6.87% Hold 1
GNE Genesis Energy Limited Foreign Exempt NZX $2.89 5.37% 5.37% N/A 1
VVR Viva Energy REIT FP Ordinary/Units Stapled Securities $2.47 5.34% 5.34% Buy 1
SIQ Smartgrp Corporation $7.85 5.29% 7.55% Buy 1
AST Ausnet Services Limited $1.795 5.28% 5.74% Hold 1
ZEL Z Energy Limited Foreign Exempt NZX $6.06 5.25% 5.25% N/A 1
SYD SYD Airport FP Ordinary/Units Stapled Securities $7.27 5.16% 5.16% Hold 1
MTS Metcash Limited $2.62 5.15% 7.36% Hold 1
CWN Crown Resorts Limited $11.74 5.11% 6.42% Hold 1
SKC Skycity Ent Group Limited Foreign Exempt NZX $3.75 5.00% 5.00% N/A 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.



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