Top ASX Dividend Stocks For September 2024

Simply Wall St.09-10

Over the last 7 days, the Australian market has dropped 1.3%, but it remains up by 11% over the past year with earnings forecasted to grow by 12% annually. In this context, identifying strong dividend...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2466112643?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/tL07GVpZuy4qoF1ASe.8zA--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/829b7d39d26e65dfe1ca985161802c87","is_english":true,"pubTime":"2024-09-10 03:08","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2466112643","market":"us","top_or_hot":-1,"title":"Top ASX Dividend Stocks For September 2024","media":"Simply Wall St.","content":"<div>\n<p>Over the last 7 days, the Australian market has dropped 1.3%, but it remains up by 11% over the past year with earnings forecasted to grow by 12% annually. In this context, identifying strong dividend...</p>\n\n<a href=\"https://finance.yahoo.com/news/top-asx-dividend-stocks-september-190855736.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance_au","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Top ASX Dividend Stocks For September 2024</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTop ASX Dividend Stocks For September 2024\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-10 03:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/top-asx-dividend-stocks-september-190855736.html><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Over the last 7 days, the Australian market has dropped 1.3%, but it remains up by 11% over the past year with earnings forecasted to grow by 12% annually. In this context, identifying strong dividend...</p>\n\n<a href=\"https://finance.yahoo.com/news/top-asx-dividend-stocks-september-190855736.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7163","symbol_name":"货物陆运","start_time":0,"source_url":"https://finance.yahoo.com/news/top-asx-dividend-stocks-september-190855736.html","article_id":"2466112643","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/tL07GVpZuy4qoF1ASe.8zA--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/829b7d39d26e65dfe1ca985161802c87"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2466112643","pubTimestamp":1725908935,"sourceInfo":{"source_id":"yahoofinance_au","name":"Yahoo Finance AU"},"weMediaInfo":null,"summary":"Over the last 7 days, the Australian market has dropped 1.3%, but it remains up by 11% over the past year with earnings forecasted to grow by 12% annually. In this context, identifying strong dividend stocks can be a strategic way to secure steady income and potential growth amidst fluctuating market conditions.Click here to see the full list of 31 stocks from our Top ASX Dividend Stocks screener.Overview: Lindsay Australia Limited  offers integrated transport, logistics, and rural supply services to the food processing, food services, fresh produce, and horticulture sectors in Australia with a market cap of A$281.48 million.Operations: Lindsay Australia Limited generates revenue through its Rural segment , Hunters segment , Corporate segment , and Transport segment .Lindsay Australia announced a fully franked dividend of A$0.028 per share for the six months ended June 30, 2024. Despite a rise in sales to A$804.37 million, net income fell to A$27.27 million from A$34.52 million last ye","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7163":"货物陆运","BK7095":"多种金属与采矿","GRR.AU":"GRANGE RESOURCES LTD","BK7151":"自存仓储房地产信托","LAU.AU":"LINDSAY AUSTRALIA LTD","PMV.AU":"PREMIER INVESTMENTS LIMITED","BK7125":"陆运","BK7028":"食品分销商","NCK.AU":"NICK SCALI LTD","BK7129":"钢铁","SHA.AU":"SHAPE AUSTRALIA PTY LTD","XAO.AU":"标普/澳交所 普通股指数","BK7505":"食品股","XJO.AU":"标普/澳交所 200指数","XKO.AU":"标普/澳交所 300指数","CKF.AU":"COLLINS FOODS LTD","NSR.AU":"NATIONAL STORAGE REIT","MFF.AU":"MFF CAPITAL INVESTMENTS LTD","BK7010":"特种房地产投资信托","GNC.AU":"GRAINCORP LTD-A","BK7128":"专卖店","BK7062":"资产管理与托管银行","BK7509":"中概股","FID.AU":"FIDUCIAN GROUP LTD","PRN.AU":"PERENTI LTD","BK7021":"服装零售","BK7107":"家庭装饰零售","SUL.AU":"SUPER RETAIL GROUP LTD","BK7137":"餐馆","BK7055":"建筑与工程"},"translate_title":"2024年9月澳大利亚证券交易所股息最高股票","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SUL.AU":1,"SHA.AU":1,"PRN.AU":1,"PMV.AU":1,"NSR.AU":1,"NCK.AU":1,"MFF.AU":1,"LAU.AU":1,"GRR.AU":1,"GNC.AU":1,"CKF.AU":1,"XKO.AU":0.9,"XJO.AU":0.9,"XAO.AU":0.9,"FID.AU":0.9},"content_text":"Over the last 7 days, the Australian market has dropped 1.3%, but it remains up by 11% over the past year with earnings forecasted to grow by 12% annually. In this context, identifying strong dividend stocks can be a strategic way to secure steady income and potential growth amidst fluctuating market conditions.\nTop 10 Dividend Stocks In Australia\n\n\n\nName\nDividend Yield\nDividend Rating\n\n\nPerenti (ASX:PRN)\n8.16%\n★★★★★☆\n\n\nNick Scali (ASX:NCK)\n4.44%\n★★★★★☆\n\n\nCollins Foods (ASX:CKF)\n3.60%\n★★★★★☆\n\n\nSuper Retail Group (ASX:SUL)\n7.05%\n★★★★★☆\n\n\nFiducian Group (ASX:FID)\n4.94%\n★★★★★☆\n\n\nMFF Capital Investments (ASX:MFF)\n3.69%\n★★★★★☆\n\n\nGrainCorp (ASX:GNC)\n6.33%\n★★★★★☆\n\n\nNational Storage REIT (ASX:NSR)\n4.47%\n★★★★★☆\n\n\nPremier Investments (ASX:PMV)\n4.02%\n★★★★★☆\n\n\nGrange Resources (ASX:GRR)\n8.00%\n★★★★☆☆\n\n\n\nClick here to see the full list of 31 stocks from our Top ASX Dividend Stocks screener.\nLet's uncover some gems from our specialized screener.\nFiducian Group\nSimply Wall St Dividend Rating: ★★★★★☆\nOverview: Fiducian Group Ltd, with a market cap of A$250.25 million, operates through its subsidiaries to provide financial services in Australia.\nOperations: Fiducian Group Ltd generates revenue from four primary segments: Funds Management (A$22.08 million), Corporate Services (A$15.06 million), Financial Planning (A$27.69 million), and Platform Administration (A$15.97 million).\nDividend Yield: 4.9%\nFiducian Group recently announced a fully franked dividend of A$0.211 per share, reflecting its commitment to shareholder returns. The company's earnings grew by 22.1% over the past year, with net income reaching A$15.04 million on sales of A$79.3 million. Fiducian's dividends are well-covered by both earnings (82.3% payout ratio) and cash flows (63.8% cash payout ratio), although its 4.94% yield is below Australia's top-tier dividend payers' average of 6.14%.\n\nNavigate through the intricacies of Fiducian Group with our comprehensive dividend report here.\nOur comprehensive valuation report raises the possibility that Fiducian Group is priced lower than what may be justified by its financials.\n\n\n\n\n  ASX:FID Dividend History as at Sep 2024\n \n\nLindsay Australia\nSimply Wall St Dividend Rating: ★★★★☆☆\nOverview: Lindsay Australia Limited (ASX:LAU) offers integrated transport, logistics, and rural supply services to the food processing, food services, fresh produce, and horticulture sectors in Australia with a market cap of A$281.48 million.\nOperations: Lindsay Australia Limited generates revenue through its Rural segment (A$155.44 million), Hunters segment (A$87.44 million), Corporate segment (A$5 million), and Transport segment (A$577.36 million).\nDividend Yield: 5.4%\nLindsay Australia announced a fully franked dividend of A$0.028 per share for the six months ended June 30, 2024. Despite a rise in sales to A$804.37 million, net income fell to A$27.27 million from A$34.52 million last year, impacting profit margins and earnings per share. While trading below fair value and maintaining a sustainable payout ratio (56%), its dividend yield (5.44%) remains lower than Australia's top-tier payers, with an unstable track record over the past decade.\n\nDelve into the full analysis dividend report here for a deeper understanding of Lindsay Australia.\nIn light of our recent valuation report, it seems possible that Lindsay Australia is trading behind its estimated value.\n\n\n\n\n  ASX:LAU Dividend History as at Sep 2024\n \n\nSHAPE Australia\nSimply Wall St Dividend Rating: ★★★★☆☆\nOverview: SHAPE Australia Corporation Limited (ASX:SHA) operates in the construction, fitout, and refurbishment of commercial properties in Australia with a market cap of A$218.89 million.\nOperations: SHAPE Australia Corporation Limited generates revenue primarily from heavy construction, amounting to A$839 million.\nDividend Yield: 6.8%\nSHAPE Australia recently declared a fully franked dividend of A$0.09 per share, with an ex-date of August 26, 2024. Despite a slight drop in sales to A$838.73 million, net income rose to A$16.01 million from A$10.5 million last year, boosting earnings per share significantly. Although the dividend yield (6.82%) is attractive and covered by both earnings (88.3% payout ratio) and cash flows (53.2%), the company’s short three-year dividend history shows volatility and unreliability in payments.\n\nGet an in-depth perspective on SHAPE Australia's performance by reading our dividend report here.\nThe valuation report we've compiled suggests that SHAPE Australia's current price could be quite moderate.\n\n\n\n\n  ASX:SHA Dividend History as at Sep 2024\n \n\nSeize The Opportunity\n\nDive into all 31 of the Top ASX Dividend Stocks we have identified here.\nInvested in any of these stocks? Simplify your portfolio management with Simply Wall St and stay ahead with our alerts for any critical updates on your stocks.\nElevate your portfolio with Simply Wall St, the ultimate app for investors seeking global market coverage.\n\nCurious About Other Options?\n\nExplore high-performing small cap companies that haven't yet garnered significant analyst attention.\nFuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.\nFind companies with promising cash flow potential yet trading below their fair value.\n\n This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.\nCompanies discussed in this article include ASX:FID ASX:LAU and ASX:SHA.\nHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2466112643"}