Dividend Yield Scan (9 October - 43 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 supplied by FNArena who monitor 8 major broking firms daily.
See the Consensus Data blog for details on how these broker averages are calculated.

Dividend Yield
Last 12 months dividends, divided by the current share price.

DPS Growth
The forecasted average annual growth in dividends per share for the next 2 years.

Code Company Price Yield Gross Consensus DPS Gr.
SKT SKY Network Television Limited NZ $2.59 10.86% 10.86% N/A -13.80%
GMA Genworth Mortgage Insurance Australia Limited $2.80 9.29% 13.26% Hold -26.30%
TLS Telstra Corporation Limited $3.44 9.01% 12.87% Hold -15.80%
FMG Fortescue Metals Group LTD $5.17 8.70% 12.43% Hold 0.40%
CMW Cromwell Property Group Stapled $0.97 8.60% 8.60% Sell -3.90%
NEC Nine Entertainment Co. Holdings Limited $1.305 7.28% 10.40% Hold 0.00%
CQR Charter Hall Retail Reit Unit $3.95 7.11% 7.11% Hold 0.70%
GNE Genesis Energy Limited NZX $2.18 6.79% 6.79% N/A 0.80%
GOZ Growthpoint Properties Australia Stapled $3.19 6.74% 6.74% Strong Sell 4.90%
HVN Harvey Norman Holdings Limited $3.86 6.74% 9.62% Hold -3.80%
VCX Vicinity Centres Stapled $2.63 6.58% 6.58% Hold -0.10%
NAB National Australia Bank Limited $31.34 6.32% 9.03% Hold -0.20%
AIZ Air New Zealand Limited NZX $3.14 6.12% 6.12% Hold -9.00%
SGP Stockland Stapled $4.26 5.99% 5.99% Hold 5.30%
AMP AMP Limited $4.79 5.95% 8.24% Hold 2.10%
BEN Bendigo And Adelaide Bank Limited $11.44 5.94% 8.49% Hold 3.30%
CCL Coca-cola Amatil Limited $7.75 5.94% 7.78% Hold 1.10%
BWP BWP Trust Ord Units $2.96 5.92% 5.92% Strong Sell 0.10%
BOQ Bank of Queensland Limited $12.89 5.90% 8.42% Hold 1.30%
TAH Tabcorp Holdings Limited $4.26 5.87% 8.38% Hold 2.60%
WBC Westpac Banking Corporation $32.14 5.85% 8.36% Buy 0.60%
SCP Shopping Centres Australasia Property Group Stapled $2.27 5.77% 5.77% Hold 3.30%
SUL Super Retail Group Limited $8.14 5.71% 8.16% Buy 3.90%
GEM G8 Education Limited $4.24 5.66% 8.08% Strong Buy -8.70%
CBA Commonwealth Bank of Australia $76.30 5.62% 8.03% Hold 1.30%
AHG Automotive Holdings Group Limited $3.38 5.62% 8.03% Buy 6.40%
CHC Charter Hall Group Forus $5.34 5.62% 5.62% Hold 6.40%
SCG Scentre Group Stapled $3.89 5.53% 5.85% Buy 2.00%
CSR CSR Limited $4.71 5.52% 6.11% Hold -4.90%
SUN Suncorp Group Limited $13.24 5.51% 7.88% Hold 2.30%
CNU Chorus Limited NZX $3.54 5.46% 5.46% N/A 1.60%
WES Wesfarmers Limited $40.97 5.44% 7.78% Hold 3.20%
ANZ Australia And New Zealand Banking Group Limited $29.48 5.43% 7.75% Hold 0.80%
APA APA Group Stapled $8.10 5.37% 5.86% Hold 5.80%
CWN Crown Resorts Limited $11.22 5.35% 6.72% N/A -33.80%
QBE QBE Insurance Group Limited $10.33 5.32% 6.28% Hold -13.00%
AST Ausnet Services Limited $1.68 5.24% 5.80% N/A -0.80%
JBH JB Hi-fi Limited $22.61 5.22% 7.46% Hold 8.90%
IAG Insurance Australia Group Limited $6.42 5.14% 7.34% Hold -3.40%
PPT Perpetual Limited $51.81 5.12% 7.31% Hold 4.70%
MQG Macquarie Group Limited $93.02 5.05% 6.03% Hold 3.70%
FBU Fletcher Building Limited NZX $7.11 5.02% 5.02% Buy 1.50%
SKC Skycity Entertainment Group Limited NZX $3.39 4.96% 4.96% N/A 4.70%

* 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