Dividend Yield Scan (9 March - 41 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 $2.35 10.21% 14.59% Hold 1.90%
CMW Cromwell Prop Ordinary/Units FP Stapled Securities $1.035 8.06% 8.06% Sell -1.70%
GEM G8 Education Limited $2.75 8.00% 11.43% Buy 2.70%
FMG Fortescue Metals Group $4.82 7.47% 10.67% Buy -7.40%
CQR Charter Hall Retail Units FP $3.76 7.45% 7.45% Hold 1.00%
AWC Alumina Limited $2.33 7.38% 10.55% Buy -8.30%
SUL Super Ret Rep Limited $6.78 6.86% 9.80% Buy 0.00%
VCX Vicinity Centres Ordinary/Units FP Stapled Securities $2.46 6.79% 6.79% Hold -1.80%
TLS Telstra Corporation $3.39 6.79% 9.69% Hold -15.80%
GNE Genesis Energy Limited Foreign Exempt NZX $2.23 6.72% 6.72% N/A 0.50%
GOZ Growthpoint Property Unit/ Stapled Securities $3.27 6.70% 6.70% Sell 2.30%
AIZ Air New Zealand Foreign Exempt NZX $3.06 6.60% 6.60% N/A -8.50%
NAB National Aust. Bank $30.08 6.58% 9.40% Buy 0.10%
BEN Bendigo and Adelaide $10.58 6.52% 9.32% Hold 2.00%
HVN Harvey Norman $3.69 6.50% 9.29% Sell -6.40%
BOQ Bank of Queensland $11.69 6.50% 9.29% Sell -2.90%
SGP Stockland Units/ Stapled Securities $4.04 6.41% 6.41% Buy 5.00%
WBC Westpac Banking Corp $30.00 6.27% 8.95% Hold 2.20%
SPK Spark New Zealand Foreign Exempt NZX $3.23 6.14% 6.14% N/A -1.10%
BWP BWP Trust Ordinary Units FP $2.97 5.95% 5.95% Sell 1.00%
SCP Sca Property Group Units FP Stapled Securities $2.28 5.92% 5.92% Hold 3.40%
CBA Commonwealth Bank $76.17 5.65% 8.06% Hold 1.90%
ANZ ANZ Banking Group Limited $28.35 5.64% 8.06% Buy 1.50%
SCG Scentre Group Stapled Securities $3.90 5.57% 5.83% Buy 2.30%
APA APA Group Units FP Stapled Securities $7.98 5.51% 6.08% Hold 3.70%
WES Wesfarmers Limited $40.80 5.47% 7.81% Hold -5.20%
AST Ausnet Services Limited $1.665 5.42% 5.42% Sell -0.30%
CNU Chorus Limited Foreign Exempt NZX $3.68 5.41% 5.40% N/A 1.30%
CHC Charter Hall Group Stapled Securities US Prohibited $5.82 5.36% 5.82% Hold 6.70%
PPT Perpetual Limited $50.64 5.33% 7.62% Sell 5.70%
AZJ Aurizon Holdings Limited $4.31 5.31% 6.45% Hold 5.40%
AMP AMP Limited $5.47 5.30% 7.35% Hold 1.40%
SUN Suncorp Group Limited $13.81 5.29% 7.55% Buy 0.10%
CCL Coca-Cola Amatil $8.95 5.25% 6.83% Hold -0.40%
GPT GPT Group Stapled Securities FP $4.70 5.23% 5.23% Hold 3.50%
SYD SYD Airport FP Stapled Securities US Prohibited $6.66 5.18% 5.18% Buy 8.20%
PTM Platinum Asset $6.00 5.17% 7.38% Sell 6.10%
ABP Abacus Property Group Units/ Stapled Securities $3.45 5.15% 5.14% Hold 2.90%
AHG Automotive Holdings $3.80 5.00% 7.14% Buy 2.60%
SKC Skycity Ent Group Limited Foreign Exempt NZX $3.66 4.97% 4.97% N/A 5.80%
RIO RIO Tinto Limited $75.81 4.83% 6.90% Buy -1.70%

* 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&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