Dividend Yield Scan (18 April - 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, divided by the current share price. Data supplied by the ASX. Gross Yield calculated by Market Index.

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

Code Company Price Yield Gross Consensus DPS Gr.
GMA Genworth Mortgage $2.37 10.35% 14.46% N/A 1.90%
GEM G8 Education Limited $2.57 8.59% 12.23% Buy 0.00%
FMG Fortescue Metals Group $4.50 7.98% 11.43% Buy -11.20%
CMW Cromwell Prop Ordinary/Units FP Stapled Securities $1.065 7.83% 7.83% Sell -1.70%
TLS Telstra Corporation $3.12 7.30% 10.53% Hold -15.80%
CQR Charter Hall Retail Units FP $3.89 7.29% 7.20% Hold 1.00%
HVN Harvey Norman $3.36 7.16% 10.20% Sell -6.40%
BOQ Bank of Queensland $10.92 7.13% 9.94% Hold -3.20%
VCX Vicinity Centres Ordinary/Units FP Stapled Securities $2.37 7.02% 7.05% Hold -1.80%
NAB National Aust. Bank $28.63 6.95% 9.88% Buy 0.10%
GNE Genesis Energy Limited Foreign Exempt NZX $2.16 6.91% 6.94% N/A 0.50%
BEN Bendigo and Adelaide $10.10 6.87% 9.76% Hold 2.00%
SKI Spark Infrastructure Stapled $0.65 Loan Note and Unit US Prohib $2.27 6.75% 6.72% Hold 3.50%
GOZ Growthpoint Property Unit/ Stapled Securities $3.32 6.62% 6.60% Sell 2.30%
PPT Perpetual Limited $42.09 6.59% 9.16% Hold 4.80%
SGP Stockland Units/ Stapled Securities $3.93 6.57% 6.59% Buy 5.00%
WBC Westpac Banking Corp $28.95 6.53% 9.28% Hold 2.20%
SUL Super Ret Rep Limited $7.16 6.50% 9.28% Buy 0.00%
AWC Alumina Limited $2.66 6.47% 9.24% Hold -8.60%
AIZ Air New Zealand Foreign Exempt NZX $3.16 6.40% 6.36% N/A -7.90%
AMP AMP Limited $4.76 6.37% 8.44% Buy 1.40%
SPK Spark New Zealand Foreign Exempt NZX $3.25 6.10% 6.10% N/A -1.10%
ANZ ANZ Banking Group Limited $26.72 6.00% 8.55% Buy 1.50%
CBA Commonwealth Bank $72.62 5.91% 8.46% Hold 1.90%
SCP Sca Property Group Units FP Stapled Securities $2.31 5.90% 5.84% Hold 3.40%
PTM Platinum Asset $5.51 5.83% 8.04% Sell 5.70%
BWP BWP Trust Ordinary Units FP $3.07 5.79% 5.75% N/A 1.00%
NHC New Hope Corporation $2.08 5.69% 8.24% Hold -2.50%
IFL IOOF Holdings Limited $9.84 5.60% 7.84% Strong Buy 4.60%
SCG Scentre Group Stapled Securities $3.89 5.60% 5.85% Buy 2.30%
AST Ausnet Services Limited $1.635 5.59% 5.52% Sell -0.30%
APA APA Group Units FP Stapled Securities $7.97 5.57% 6.08% Hold 3.70%
CHC Charter Hall Group Stapled Securities US Prohibited $5.67 5.50% 5.97% Hold 7.20%
AHG Automotive Holdings $3.48 5.46% 7.80% Buy 2.60%
TAH Tabcorp Holdings Limited $4.34 5.43% 7.74% Buy -6.70%
WES Wesfarmers Limited $41.07 5.42% 7.76% Hold -5.10%
SUN Suncorp Group Limited $13.58 5.38% 7.68% Buy 0.10%
GPT GPT Group Stapled Securities FP $4.67 5.31% 5.27% Hold 3.50%
REG Regis Healthcare Limited $3.67 5.29% 7.52% Buy -2.90%
CCL Coca-Cola Amatil $8.88 5.28% 6.88% Hold -0.40%
CNU Chorus Limited Foreign Exempt NZX $3.80 5.28% 5.23% N/A 1.30%
SYD SYD Airport FP Stapled Securities US Prohibited $6.56 5.25% 5.26% Strong Buy 8.20%
AZJ Aurizon Holdings Limited $4.45 5.18% 6.25% Hold 5.40%
DXS Dexus Units FP Stapled $9.16 5.15% 5.41% Hold 1.60%
ABP Abacus Property Group Units/ Stapled Securities $3.49 5.07% 5.09% Hold 2.90%
SKC Skycity Ent Group Limited Foreign Exempt NZX $3.72 4.95% 4.92% N/A 6.50%

* 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&039;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