Top ASX Dividend Stocks To Watch In September 2024

Simply Wall St.09-27

Over the last 7 days, the Australian market has remained flat, although the Materials sector gained 6.9% during that time. With the market up 15% over the past year and earnings forecasted to grow by ...

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/2470761500?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/FXhXO9Q1SnZ5q7uiNmP66A--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/d13f3e67de65e5f76b2a9f3950a857ec","is_english":true,"pubTime":"2024-09-27 03:05","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2470761500","market":"us","top_or_hot":-1,"title":"Top ASX Dividend Stocks To Watch In September 2024","media":"Simply Wall St.","content":"<div>\n<p>Over the last 7 days, the Australian market has remained flat, although the Materials sector gained 6.9% during that time. With the market up 15% over the past year and earnings forecasted to grow by ...</p>\n\n<a href=\"https://finance.yahoo.com/news/top-asx-dividend-stocks-watch-190531337.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 To Watch In 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 To Watch In September 2024\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-27 03:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/top-asx-dividend-stocks-watch-190531337.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 remained flat, although the Materials sector gained 6.9% during that time. With the market up 15% over the past year and earnings forecasted to grow by ...</p>\n\n<a href=\"https://finance.yahoo.com/news/top-asx-dividend-stocks-watch-190531337.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":"FID.AU","symbol_name":"FIDUCIAN GROUP LTD","start_time":0,"source_url":"https://finance.yahoo.com/news/top-asx-dividend-stocks-watch-190531337.html","article_id":"2470761500","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/FXhXO9Q1SnZ5q7uiNmP66A--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/d13f3e67de65e5f76b2a9f3950a857ec"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2470761500","pubTimestamp":1727377531,"sourceInfo":{"source_id":"yahoofinance_au","name":"Yahoo Finance AU"},"weMediaInfo":null,"summary":"Over the last 7 days, the Australian market has remained flat, although the Materials sector gained 6.9% during that time. With the market up 15% over the past year and earnings forecasted to grow by 12% annually, identifying dividend stocks with strong fundamentals and consistent payouts can be particularly rewarding in these conditions.Click here to see the full list of 37 stocks from our Top ASX Dividend Stocks screener.Fortescue's dividend yield is among the top 25% in the Australian market, but its payments have been volatile over the past decade. Despite a reasonable payout ratio of 71.1% and cash payout ratio of 79.3%, earnings are forecasted to decline by 26.1% annually for the next three years, raising concerns about sustainability. Recent board changes include Dr. Larry Marshall as Lead Independent Director and a decreased ordinary dividend of A$0.89 per security for FY2024.Delve into the full analysis dividend report here for a deeper un","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"FID.AU":"FIDUCIAN GROUP LTD","PMV.AU":"PREMIER INVESTMENTS LIMITED","BK7507":"资源股","CKF.AU":"COLLINS FOODS LTD","BK7129":"钢铁","SUL.AU":"SUPER RETAIL GROUP LTD","BK7010":"特种房地产投资信托","XKO.AU":"标普/澳交所 300指数","BK7128":"专卖店","BK7062":"资产管理与托管银行","BK7509":"中概股","FMG.AU":"FORTESCUE LTD","PRN.AU":"PERENTI LTD","XJO.AU":"标普/澳交所 200指数","MFF.AU":"MFF CAPITAL INVESTMENTS LTD","XAO.AU":"标普/澳交所 普通股指数","BK7021":"服装零售","BK7107":"家庭装饰零售","NSR.AU":"NATIONAL STORAGE REIT","GRR.AU":"GRANGE RESOURCES LTD","BK7137":"餐馆","NCK.AU":"NICK SCALI LTD","BK7095":"多种金属与采矿","BK7151":"自存仓储房地产信托"},"translate_title":"2024年9月最值得关注的澳大利亚证券交易所股息股票","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SUL.AU":1,"PRN.AU":1,"PMV.AU":1,"NSR.AU":1,"MFF.AU":1,"GRR.AU":1,"FMG.AU":1,"CKF.AU":1,"FID.AU":1,"XKO.AU":0.9,"XJO.AU":0.9,"XAO.AU":0.9,"NCK.AU":0.9},"content_text":"Over the last 7 days, the Australian market has remained flat, although the Materials sector gained 6.9% during that time. With the market up 15% over the past year and earnings forecasted to grow by 12% annually, identifying dividend stocks with strong fundamentals and consistent payouts can be particularly rewarding in these conditions.\nTop 10 Dividend Stocks In Australia\n\n\n\nName\nDividend Yield\nDividend Rating\n\n\nPerenti (ASX:PRN)\n7.44%\n★★★★★☆\n\n\nFortescue (ASX:FMG)\n9.82%\n★★★★★☆\n\n\nSuper Retail Group (ASX:SUL)\n6.61%\n★★★★★☆\n\n\nCollins Foods (ASX:CKF)\n3.24%\n★★★★★☆\n\n\nFiducian Group (ASX:FID)\n4.52%\n★★★★★☆\n\n\nNick Scali (ASX:NCK)\n4.07%\n★★★★★☆\n\n\nMFF Capital Investments (ASX:MFF)\n3.61%\n★★★★★☆\n\n\nPremier Investments (ASX:PMV)\n4.56%\n★★★★★☆\n\n\nNational Storage REIT (ASX:NSR)\n4.28%\n★★★★★☆\n\n\nGrange Resources (ASX:GRR)\n7.27%\n★★★★☆☆\n\n\n\nClick here to see the full list of 37 stocks from our Top ASX Dividend Stocks screener.\nWe'll examine a selection from our screener results.\nFortescue\nSimply Wall St Dividend Rating: ★★★★★☆\nOverview: Fortescue Ltd engages in the exploration, development, production, processing, and sale of iron ore in Australia, China, and internationally with a market cap of A$59.67 billion.\nOperations: Fortescue Ltd generates its revenue primarily from the metals segment, which accounts for $18.13 billion, and the energy segment, contributing $91 million.\nDividend Yield: 9.8%\nFortescue's dividend yield is among the top 25% in the Australian market, but its payments have been volatile over the past decade. Despite a reasonable payout ratio of 71.1% and cash payout ratio of 79.3%, earnings are forecasted to decline by 26.1% annually for the next three years, raising concerns about sustainability. Recent board changes include Dr. Larry Marshall as Lead Independent Director and a decreased ordinary dividend of A$0.89 per security for FY2024.\n\nUnlock comprehensive insights into our analysis of Fortescue stock in this dividend report.\nOur valuation report unveils the possibility Fortescue's shares may be trading at a discount.\n\n\n\n\n  ASX:FMG Dividend History as at Sep 2024\n \n\nNick Scali\nSimply Wall St Dividend Rating: ★★★★★☆\nOverview: Nick Scali Limited, with a market cap of A$1.38 billion, sources and retails household furniture and related accessories in Australia, the United Kingdom, and New Zealand.\nOperations: Nick Scali Limited generates A$468.19 million from the retailing of furniture.\nDividend Yield: 4.1%\nNick Scali's dividend payments are well-covered by both earnings (68.9% payout ratio) and free cash flows (54.8% cash payout ratio). The company has a history of stable and growing dividends over the past decade, although its current yield of 4.07% is lower than the top 25% in Australia. Recent financial results showed a decline in net income to A$80.61 million from A$101.08 million last year, with diluted EPS dropping to A$0.987 from A$1.248, potentially impacting future payouts.\n\nDelve into the full analysis dividend report here for a deeper understanding of Nick Scali.\nOur valuation report here indicates Nick Scali may be undervalued.\n\n\n\n\n  ASX:NCK Dividend History as at Sep 2024\n \n\nNational Storage REIT\nSimply Wall St Dividend Rating: ★★★★★☆\nOverview: National Storage REIT (ASX:NSR) is the largest self-storage provider in Australia and New Zealand, operating over 225 centres for more than 90,000 residential and commercial customers, with a market cap of A$3.55 billion.\nOperations: National Storage REIT generates revenue primarily from the operation and management of its storage centres, amounting to A$354.69 million.\nDividend Yield: 4.3%\nNational Storage REIT's dividend payments have been stable and reliable over the past decade, with a current yield of 4.28%, though this is below the top 25% in Australia. The payout ratio of 55.5% indicates dividends are well-covered by earnings, and an 83% cash payout ratio suggests sufficient free cash flow coverage. Recent financials showed increased revenue to A$355.37 million but a decline in net income to A$28.93 million, which could affect future distributions.\n\nDive into the specifics of National Storage REIT here with our thorough dividend report.\nInsights from our recent valuation report point to the potential overvaluation of National Storage REIT shares in the market.\n\n\n\n\n  ASX:NSR Dividend History as at Sep 2024\n \n\nMake It Happen\n\nDelve into our full catalog of 37 Top ASX Dividend Stocks here.\nAre you invested in these stocks already? Keep abreast of every twist and turn by setting up a portfolio with Simply Wall St, where we make it simple for investors like you to stay informed and proactive.\nElevate your portfolio with Simply Wall St, the ultimate app for investors seeking global market coverage.\n\nContemplating Other Strategies?\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:FMG ASX:NCK and ASX:NSR.\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/2470761500"}