Dividend Yield Scan (3 May - 40 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 10.13% 14.46% Buy 1.90%
CMW Cromwell Prop Ordinary/Units FP Stapled Securities $1.10 7.58% 7.58% Sell -1.70%
FMG Fortescue Metals Group $4.76 7.56% 10.80% Hold -16.70%
BOQ Bank of Queensland $10.07 7.55% 10.78% Hold -1.00%
TLS Telstra Corporation $3.19 7.21% 10.30% Hold -15.80%
GNE Genesis Energy Limited Foreign Exempt NZX $2.14 7.07% 7.07% N/A 0.50%
CQR Charter Hall Retail Units FP $3.99 7.02% 7.02% Sell 1.00%
HVN Harvey Norman $3.43 7.00% 9.99% Sell -7.10%
AMP AMP Limited $4.15 6.99% 9.68% Hold -0.80%
NAB National Aust. Bank $29.58 6.69% 9.56% Buy 0.00%
SUL Super Ret Rep Limited $6.97 6.67% 9.53% Hold 0.00%
VCX Vicinity Centres Ordinary/Units FP Stapled Securities $2.53 6.60% 6.60% Hold -1.90%
AIZ Air New Zealand Foreign Exempt NZX $3.05 6.59% 6.59% N/A -7.90%
PPT Perpetual Limited $41.38 6.53% 9.32% Hold 0.80%
SKI Spark Infrastructure Stapled $0.65 Loan Note and Unit US Prohib $2.34 6.52% 6.52% Hold 3.50%
BEN Bendigo and Adelaide $10.69 6.46% 9.22% Hold 2.00%
WBC Westpac Banking Corp $29.15 6.45% 9.21% Buy 2.20%
AWC Alumina Limited $2.72 6.32% 9.04% Buy 0.40%
GOZ Growthpoint Property Unit/ Stapled Securities $3.48 6.29% 6.29% Sell 2.30%
SGP Stockland Units/ Stapled Securities $4.20 6.17% 6.17% Buy 5.00%
SPK Spark New Zealand Foreign Exempt NZX $3.30 6.01% 6.01% N/A -1.00%
CBA Commonwealth Bank $73.46 5.85% 8.36% Hold 1.90%
ANZ ANZ Banking Group Limited $27.52 5.81% 8.31% Buy 1.50%
JBH JB Hi-Fi Limited $23.28 5.67% 8.10% Hold 7.30%
IFL IOOF Holdings Limited $9.60 5.63% 8.04% Strong Buy 4.20%
SCP Sca Property Group Units FP Stapled Securities $2.41 5.60% 5.60% Hold 3.40%
BWP BWP Trust Ordinary Units FP $3.17 5.57% 5.57% N/A 1.00%
AHG Automotive Holdings $3.46 5.49% 7.84% Buy 2.60%
PTM Platinum Asset $5.68 5.46% 7.80% Sell 5.70%
NHC New Hope Corporation $2.27 5.29% 7.55% Buy -2.50%
TAH Tabcorp Holdings Limited $4.46 5.27% 7.53% Buy -6.70%
SCG Scentre Group Stapled Securities $4.14 5.25% 5.50% Buy 2.30%
CNU Chorus Limited Foreign Exempt NZX $3.81 5.22% 5.22% N/A 1.30%
APA APA Group Units FP Stapled Securities $8.43 5.22% 5.75% Hold 3.70%
SUN Suncorp Group Limited $14.05 5.20% 7.42% Buy 0.10%
AST Ausnet Services Limited $1.745 5.18% 5.17% Sell -0.30%
CCL Coca-Cola Amatil $9.21 5.10% 6.63% Hold -0.40%
CHC Charter Hall Group Stapled Securities US Prohibited $6.14 5.08% 5.52% Hold 7.20%
AZJ Aurizon Holdings Limited $4.54 5.04% 6.12% Hold 2.20%
GPT GPT Group Stapled Securities FP $4.89 5.03% 5.03% Hold 3.50%

* 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