Dividend Yield Scan (4 January - 38 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.
FMG Fortescue Metals Group $5.08 8.86% 12.65% Buy -4.90%
GMA Genworth Mortgage $2.99 8.70% 12.42% Hold -25.00%
TLS Telstra Corporation $3.66 8.47% 12.10% Hold -15.80%
CMW Cromwell Prop Ordinary/Units FP Stapled Securities $1.01 8.26% 8.26% Hold -1.20%
GEM G8 Education Limited $3.43 7.00% 9.99% Buy -8.70%
CQR Charter Hall Retail Units FP $4.15 6.75% 6.75% Hold 0.70%
NAB National Aust. Bank $29.48 6.72% 9.59% Hold 0.10%
AIZ Air New Zealand Foreign Exempt NZX $2.91 6.60% 6.60% Hold -23.10%
GNE Genesis Energy Limited Foreign Exempt NZX $2.27 6.52% 6.52% N/A 0.60%
GOZ Growthpoint Property Unit/ Stapled Securities $3.42 6.40% 6.40% N/A 4.80%
NEC Nine Entertainment $1.53 6.21% 8.87% Hold 0.00%
HVN Harvey Norman $4.21 6.18% 8.82% Hold -3.80%
VCX Vicinity Centres Ordinary/Units FP Stapled Securities $2.73 6.12% 6.12% Buy 0.10%
SPK Spark New Zealand Foreign Exempt NZX $3.32 6.03% 6.03% Buy -1.00%
BOQ Bank of Queensland $12.61 6.03% 8.61% Hold -0.90%
WBC Westpac Banking Corp $31.23 6.02% 8.60% Hold N/A
BEN Bendigo and Adelaide $11.63 5.85% 8.35% Hold 3.30%
SGP Stockland Units/ Stapled Securities $4.44 5.83% 5.83% Hold 5.30%
SCP Sca Property Group Units FP Stapled Securities $2.32 5.82% 5.82% Hold 3.30%
BWP BWP Trust Ordinary Units FP $3.10 5.69% 5.69% Strong Sell 0.50%
CSR CSR Limited $4.68 5.66% 6.87% Hold -3.20%
SUL Super Ret Rep Limited $8.23 5.65% 8.07% Buy 4.40%
ANZ ANZ Banking Group Limited $28.59 5.60% 7.99% Hold 1.90%
AMP AMP Limited $5.21 5.47% 7.58% Hold 1.90%
PPT Perpetual Limited $48.47 5.47% 7.81% Hold 4.30%
CCL Coca-Cola Amatil $8.45 5.44% 7.14% Hold -0.70%
SIG Sigma Health Limited $1.02 5.39% 7.70% Strong Sell -2.80%
CBA Commonwealth Bank $80.14 5.35% 7.65% Hold 1.50%
SUN Suncorp Group Limited $13.80 5.29% 7.56% Hold 2.40%
APA APA Group Units FP Stapled Securities $8.39 5.24% 5.48% Hold 5.40%
AHG Automotive Holdings $3.64 5.22% 7.46% Strong Buy -0.70%
FXJ Fairfax Media Limited $0.77 5.20% 7.08% Hold 0.00%
QBE QBE Insurance Group $10.72 5.13% 6.05% Hold -12.10%
FBU Fletcher Building Foreign Exempt NZX $6.97 5.12% 5.12% Buy 0.30%
SCG Scentre Group Stapled Securities $4.20 5.12% 5.41% Buy 2.00%
CNU Chorus Limited Foreign Exempt NZX $3.78 5.11% 5.11% N/A 1.30%
AST Ausnet Services Limited $1.79 5.05% 5.04% Hold -0.80%
WES Wesfarmers Limited $44.43 5.02% 7.17% Hold 2.20%

* 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