Stock Tables
Investing
Australia

ASX High Dividend Stocks

16 Oct 2020
By
Companies return profits to shareholders through two main channels, capital gains and income. A high dividend yield indicates that a company is returning a large amount of cash to shareholders relative to the value of the company. This allows investors to maximise their income received relative to their investment amount.

The below table shows the 20 highest dividend-yielding stocks in the ASX 50 based on their gross dividends. The gross dividend is calculated from the net dividend amount paid to shareholders plus the value of any attached franking credits associated with those dividends. A fully franked dividend will have franking credits equal to 30% of the gross dividend value, which can, therefore, represent a significant source of additional value.

 

Stock codeStock nameSectorPriceGross dividendNet dividend yieldGross dividend yield
FMGFortescue Metals Group Ltd. explores for and produces iron ore.
Learn more
Fortescue Metals Group Ltd
Materials
$16.62
$2.51
10.56%15.08%
AGLAGL Energy Limited sells and distributes gas and electricity.
Learn more
AGL Energy Ltd
Utilities
$13.68
$1.32
7.17%9.62%
AZJAurizon Holdings Ltd. is a rail freight company The Company provides coal, bulk and general freight haulage services, operating on the central queensland coal network (CQCN) and including specialized track maintenance and workshop support functions.
Learn more
Aurizon Holdings Ltd
Industrials
$4.11
$0.36
6.65%8.65%
WPLWoodside Petroleum Limited explores for and produces oil and gas from offshore and onshore facilities located in Western Australia and Northern Territory.
Learn more
Woodside Petroleum Ltd
Energy
$18.55
$1.71
6.42%9.17%
NABNational Australia Bank Limited is an international banking group which operates in Australia, New Zealand, Europe, Asia and the United States.
Learn more
National Australia Bank Ltd
Financials
$19.23
$1.61
5.86%8.37%
RIORio Tinto Limited is an international mining company.
Learn more
Rio Tinto Ltd
Materials
$96.27
$8.09
5.86%8.37%
SGPStockland is a diversified Australian property group.
Learn more
Stockland
Real Estate
$4.22
$0.24
5.68%5.68%
TLSTelstra Corporation Limited is a full service domestic and international telecommunications provider for Australia.
Learn more
Telstra Corp Ltd
Communication Services
$2.86
$0.23
5.58%7.98%
VCXVicinity Centres retails asset and property management services.
Learn more
Vicinity Centres
Real Estate
$1.40
$0.08
5.50%5.50%
ORGOrigin Energy Limited is an integrated energy company.
Learn more
Origin Energy Ltd
Energy
$4.54
$0.31
5.50%6.91%
DXSDexus provides real estate services.
Learn more
Dexus
Real Estate
$9.32
$0.52
5.40%5.61%
GPTGPT Group is an active owner and manager of a diversified portfolio of Australian retail, office and industrial property assets.
Learn more
GPT Group/The
Real Estate
$4.23
$0.23
5.38%5.38%
SCGScentre Group owns and operates a portfolio of shopping centers in Australia and New Zealand.
Learn more
Scentre Group
Real Estate
$2.29
$0.11
4.96%4.96%
BHPBHP Group Limited operates as an international resources company.
Learn more
BHP Group Ltd
Materials
$36.77
$2.49
4.73%6.75%
MPLMedibank Private Limited offers private health care coverage for hospital and ancillary services.
Learn more
Medibank Pvt Ltd
Financials
$2.65
$0.17
4.54%6.48%
APAAPA Group is a natural gas infrastructure company.
Learn more
APA Group
Utilities
$10.99
$0.57
4.52%5.18%
CBACommonwealth Bank of Australia provides banking, life insurance, and related services for individuals, small businesses and medium sized commercial enterprises.
Learn more
Commonwealth Bank of Australia
Financials
$69.28
$4.26
4.30%6.14%
WBCWestpac Banking Corporation operates as a major financial institution.
Learn more
Westpac Banking Corp
Financials
$18.78
$1.14
4.26%6.08%
AMCAmcor PLC operates as a packaging company.
Learn more
Amcor PLC
Materials
$16.03
$0.68
4.19%4.19%
SUNSuncorp Group Ltd. offers retail and business banking, life and general insurance, superannuation and funds management services.
Learn more
Suncorp Group Ltd
Financials
$8.94
$0.51
4.02%5.75%
MGRMirvac Group is an integrated, diversified Australian property group comprising an investment portfolio and a development business.
Learn more
Mirvac Group
Real Estate
$2.30
$0.09
3.95%3.95%
CPUComputershare Limited operates share registries and computer bureaus which includes the administration of employee share and option plans and the provision of software that specializes in share registry, financial and stock markets.
Learn more
Computershare Ltd
Information Technology
$12.96
$0.52
3.56%4.02%
WESWesfarmers Ltd. owns retail chains, operates mines, writes insurance, manufactures and distributes industrial products, manufactures fertilizers and chemicals, and distributes liquefied petroleum gas and medical and industrial gases.
Learn more
Wesfarmers Ltd
Consumer Discretionary
$47.94
$2.43
3.54%5.05%
S32South32 Limited operates as a diversified metals and mining company.
Learn more
South32 Ltd
Materials
$2.24
$0.11
3.29%4.70%
TCLTransurban Group owns and operates urban toll road networks.
Learn more
Transurban Group
Industrials
$14.31
$0.48
3.29%3.35%

 

Click the bell icon at the left bar to receive email notifications every time this post is updated

 

More about this table

The ASX High Dividend stocks table is one of a series of informational tables provided for free to give subscribers useful information to inform their trading decisions.  This table is updated weekly and offers clients the most current top dividend-yielding stocks in the ASX 100. Investors and traders who are interested in stocks that pay a high dividend and produce an income stream can view this table and select the ones they would like to hold from the list.

Investors should note that the gross dividend yield is based on the total dividends paid over the trailing 12 months divided by the current share price. Due to this being a backward-looking measure, the above table can sometimes include stocks for which the forward dividend yield is known to be much lower (or indeed higher) than the trailing dividend yield.

Investors who want exposure to ASX income paying stocks and are interested in a trading strategy that utilises dividend yield as the primary selection criteria can subscribe to Rivkin’s ASX Blue Chip strategy. This has been backtested to produce a profitable trading system that is easy to implement with trading required no more than once per month but usually even less frequently. It holds 10 ASX listed stocks that we expect to pay a high dividend over the coming year with the possibility of capital gains as well. Investors interested in such a strategy should look to subscribe to our Strategies product that gives access to our ASX Blue Chip strategy as well as several other strategies.

SHOW COMMENTS / QUESTIONS (2)

2
Comments

You need to be a Strategies user to comment on this post. Click here and become premium now!

Anonymous User

Why do people invest when traders are consistently taking profits when the market is oversold or even just had a good rally ? Why not just consistently take small bites out of the market with good strong solid growth blue chip stock ? After all compound 2% or even 5% more than a half dozen times once a year looks better than speculative stocks with one step forward two steps back getting milked by analysts and so called experts margin fund managers who just got out of school and never really lived anywhere apart from mummy and daddy’s house or… Read more »

Roy B.

Thankyou for providing this information.. My main concern is to provide as safe as an investment as I can and to provide a liveable income at the same time.

We are glad you liked it

For your convenience, this will appear under your Saved articles in the top menu.