3 ASX Dividend Stocks Yielding Up To 24.5%
The Australian stock market is experiencing a slight downturn, with the ASX 200 hovering around 8,820 points amid global selling pressures affecting equities and commodities. In these fluctuating conditions, dividend stocks can offer investors a measure of stability and income potential, making them an appealing option for those seeking steady returns in uncertain times.
Top 10 Dividend Stocks In Australia
| Name | Dividend Yield | Dividend Rating |
| Sugar Terminals (NSX:SUG) | 9.51% | ★★★★★☆ |
| Steadfast Group (ASX:SDF) | 3.80% | ★★★★★☆ |
| Peet (ASX:PPC) | 7.14% | ★★★★★☆ |
| Objective (ASX:OCL) | 3.68% | ★★★★★☆ |
| MFF Capital Investments (ASX:MFF) | 3.86% | ★★★★★☆ |
| Kina Securities (ASX:KSL) | 8.17% | ★★★★★☆ |
| Jumbo Interactive (ASX:JIN) | 7.58% | ★★★★★☆ |
| Fiducian Group (ASX:FID) | 5.92% | ★★★★★☆ |
| EQT Holdings (ASX:EQT) | 6.54% | ★★★★★☆ |
| AUB Group (ASX:AUB) | 3.00% | ★★★★★☆ |
Click here to see the full list of 31 stocks from our Top ASX Dividend Stocks screener.
Let's take a closer look at a couple of our picks from the screened companies.
Fiducian Group (ASX:FID)
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Fiducian Group Ltd, with a market cap of A$271.80 million, operates in Australia through its subsidiaries to provide financial services.
Operations: Fiducian Group Ltd generates revenue through its subsidiaries in Australia across several segments: Funds Management (A$27.65 million), Corporate Services (A$17.72 million), Financial Planning (A$30.73 million), and Platform Administration (A$17.41 million).
Dividend Yield: 5.9%
Fiducian Group's dividend payments are well-supported by earnings and cash flows, with payout ratios of 79.8% and 74.9%, respectively. The dividend yield is 5.92%, slightly below the top quartile in Australia but remains reliable, stable, and has shown consistent growth over the past decade. Trading at a discount to its estimated fair value enhances its appeal for investors seeking dependable income streams in a stable financial environment.
- Click here and access our complete dividend analysis report to understand the dynamics of Fiducian Group.
- Our valuation report unveils the possibility Fiducian Group's shares may be trading at a discount.
Helia Group (ASX:HLI)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Helia Group Limited, along with its subsidiaries, operates in the loan mortgage insurance sector mainly in Australia and has a market capitalization of A$1.40 billion.
Operations: Helia Group Limited generates revenue of A$478.70 million from its loan mortgage insurance operations in Australia.
Dividend Yield: 24.5%
Helia Group's dividend yield of 24.51% ranks it among the top payers in Australia, yet its sustainability is questionable due to a high cash payout ratio of 317.1%, indicating dividends are not well-covered by cash flows. Despite trading at a significant discount to estimated fair value, the company's dividends have been volatile over the past decade, with inconsistent growth patterns and unreliable payments that may concern income-focused investors.
- Delve into the full analysis dividend report here for a deeper understanding of Helia Group.
- In light of our recent valuation report, it seems possible that Helia Group is trading behind its estimated value.
Korvest (ASX:KOV)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Korvest Ltd operates in Australia, providing cable and pipe support systems, fastening solutions, and galvanising services, with a market cap of A$200.78 million.
Operations: Korvest Ltd's revenue is derived from Production at A$10.81 million and Industrial Products at A$117.93 million.
Dividend Yield: 3.8%
Korvest, trading at 38.7% below its estimated fair value, offers a dividend yield of 3.83%, which is modest compared to top-tier Australian dividend stocks. While dividends have grown over the past decade, they remain volatile and unreliable. The company's payout ratio of 52.8% indicates dividends are covered by earnings, but with an 84.6% cash payout ratio, sustainability concerns persist despite recent affirmations of a A$0.40 dividend for the six months ending June 2026.
- Dive into the specifics of Korvest here with our thorough dividend report.
- Our comprehensive valuation report raises the possibility that Korvest is priced lower than what may be justified by its financials.
Key Takeaways
- Click this link to deep-dive into the 31 companies within our Top ASX Dividend Stocks screener.
- Shareholder in one or more of these companies? Ensure you're never caught off-guard by adding your portfolio in Simply Wall St for timely alerts on significant stock developments.
- Simply Wall St is a revolutionary app designed for long-term stock investors, it's free and covers every market in the world.
Want To Explore Some Alternatives?
- Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
- Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.
- Find companies with promising cash flow potential yet trading below their fair value.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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