3 ASX Dividend Stocks With Yields Between 5% And 8%

Simply Wall St.11-13 12:05

As the ASX200 experiences a slight downturn, with sectors like Financials and Health Care underperforming, investors are keeping a close eye on dividend stocks as a potential source of steady income ...

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In such an environment, identifying stocks with reliable yields between 5% and 8% can offer investors a measure of stability and income in their portfolios.Click here to see the full list of 36 stocks from our Top ASX Dividend Stocks screener.Overview: Bendigo and Adelaide Bank Limited provides banking and financial services to retail customers and small to medium-sized businesses in Australia, with a market cap of A$7.11 billion.Overview: Nine Entertainment Co. Holdings Limited operates in Australia, focusing on broadcasting and program production through free-to-air television, video on demand, and metropolitan radio networks, with a market cap of A$1.84 billion.Nine Entertainment Holdings' dividend yield of 7.3% ranks in the top 25% of Australian payers, but i","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7137":"餐馆","XKO.AU":"标普/澳交所 300指数","MFF.AU":"MFF CAPITAL INVESTMENTS LTD","BK7062":"资产管理与托管银行","BK7507":"资源股","BENPH.AU":"BENDIGO AND ADELAIDE BK","NSR.AU":"NATIONAL STORAGE REIT","BENPI.AU":"BEN ADE BK NYR3QUT","BK7107":"家庭装饰零售","CKF.AU":"COLLINS FOODS LTD","BK7128":"专卖店","BK7052":"广播","CLX.AU":"CTI LOGISTICS LTD","NCK.AU":"NICK SCALI LTD","BK7058":"航空货运与物流","STO.AU":"SANTOS LIMITED","BK7010":"特种房地产投资信托","FID.AU":"FIDUCIAN GROUP LTD","PMV.AU":"PREMIER INVESTMENTS LIMITED","BK7021":"服装零售","SUL.AU":"SUPER RETAIL GROUP LTD","XAO.AU":"标普/澳交所 普通股指数","BK7139":"区域性银行","NEC.AU":"NINE ENTERTAINMENT CO HOLDIN","BEN.AU":"BENDIGO AND ADELAIDE BANK","BK7142":"石油与天然气的勘探与生产","BK7151":"自存仓储房地产信托","SCA":"Stellus Capital Investment Corporation","XJO.AU":"标普/澳交所 200指数","BK7095":"多种金属与采矿","PRN.AU":"PERENTI LTD"},"translate_title":"3只收益率在5%至8%之间的澳大利亚证券交易所股息股票","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PRN.AU":1,"CKF.AU":1,"CLX.AU":1,"FID.AU":1,"MFF.AU":1,"NCK.AU":1,"NEC.AU":1,"NSR.AU":1,"PMV.AU":1,"SCA":1,"STO.AU":1,"SUL.AU":1,"BEN.AU":1,"BENPH.AU":0.9,"XAO.AU":0.9,"XJO.AU":0.9,"XKO.AU":0.9,"BENPI.AU":0.9},"content_text":"As the ASX200 experiences a slight downturn, with sectors like Financials and Health Care underperforming, investors are keeping a close eye on dividend stocks as a potential source of steady income amidst market fluctuations. In such an environment, identifying stocks with reliable yields between 5% and 8% can offer investors a measure of stability and income in their portfolios.\nTop 10 Dividend Stocks In Australia\n\n\n\nName\nDividend Yield\nDividend Rating\n\n\nPerenti (ASX:PRN)\n6.75%\n★★★★★☆\n\n\nNick Scali (ASX:NCK)\n4.64%\n★★★★★☆\n\n\nSuper Retail Group (ASX:SUL)\n8.01%\n★★★★★☆\n\n\nCollins Foods (ASX:CKF)\n3.29%\n★★★★★☆\n\n\nMFF Capital Investments (ASX:MFF)\n3.32%\n★★★★★☆\n\n\nFiducian Group (ASX:FID)\n4.29%\n★★★★★☆\n\n\nNational Storage REIT (ASX:NSR)\n4.40%\n★★★★★☆\n\n\nPremier Investments (ASX:PMV)\n4.14%\n★★★★★☆\n\n\nSantos (ASX:STO)\n6.93%\n★★★★☆☆\n\n\nCTI Logistics (ASX:CLX)\n5.58%\n★★★★☆☆\n\n\n\nClick here to see the full list of 36 stocks from our Top ASX Dividend Stocks screener.\nLet's review some notable picks from our screened stocks.\nBendigo and Adelaide Bank\nSimply Wall St Dividend Rating: ★★★★☆☆\nOverview: Bendigo and Adelaide Bank Limited provides banking and financial services to retail customers and small to medium-sized businesses in Australia, with a market cap of A$7.11 billion.\nOperations: Bendigo and Adelaide Bank's revenue is primarily derived from its Consumer segment, which accounts for A$1.12 billion, followed by the Business & Agribusiness segment at A$761.10 million, and the Corporate segment contributing A$67.50 million.\nDividend Yield: 5%\nBendigo and Adelaide Bank recently declared a fully franked full-year dividend of A$0.63 per share, up from A$0.61 the previous year, indicating growth in payouts despite a historically volatile dividend record. The bank's payout ratio is 65.4%, suggesting dividends are currently covered by earnings, with forecasts maintaining coverage in three years at 72.9%. However, its dividend yield of 5.02% lags behind top Australian payers, and past earnings have been affected by large one-off items.\n\nGet an in-depth perspective on Bendigo and Adelaide Bank's performance by reading our dividend report here.\nUpon reviewing our latest valuation report, Bendigo and Adelaide Bank's share price might be too pessimistic.\n\n\n\n\n  ASX:BEN Dividend History as at Nov 2024\n \n\nNine Entertainment Holdings\nSimply Wall St Dividend Rating: ★★★★☆☆\nOverview: Nine Entertainment Co. Holdings Limited operates in Australia, focusing on broadcasting and program production through free-to-air television, video on demand, and metropolitan radio networks, with a market cap of A$1.84 billion.\nOperations: Nine Entertainment Co. Holdings Limited generates revenue from several segments, including Stan (A$447.73 million), Publishing (A$558.63 million), Broadcasting (A$1.23 billion), and Domain Group (A$395.73 million).\nDividend Yield: 7.3%\nNine Entertainment Holdings' dividend yield of 7.3% ranks in the top 25% of Australian payers, but its sustainability is questionable due to a high payout ratio of 123.8%, indicating dividends are not well covered by earnings. Despite stable cash flow coverage at an 86% cash payout ratio, past dividends have been volatile with recent reductions from A$0.05 to A$0.045 per share. Ongoing M&A discussions may impact future dividend stability and strategic direction.\n\nClick here to discover the nuances of Nine Entertainment Holdings with our detailed analytical dividend report.\nAccording our valuation report, there's an indication that Nine Entertainment Holdings' share price might be on the cheaper side.\n\n\n\n\n  ASX:NEC Dividend History as at Nov 2024\n \n\nSuper Retail Group\nSimply Wall St Dividend Rating: ★★★★★☆\nOverview: Super Retail Group Limited operates as a retailer of auto, sports, and outdoor leisure products in Australia and New Zealand with a market cap of A$3.36 billion.\nOperations: Super Retail Group Limited generates revenue from its key segments, including Rebel at A$1.29 billion, Macpac at A$214 million, Super Cheap Auto (SCA) at A$1.50 billion, and Boating, Camping and Fishing (BCF) at A$879.10 million.\nDividend Yield: 8%\nSuper Retail Group's dividend yield of 8.01% is among the top 25% in Australia, supported by a reasonable payout ratio of 64.9%, indicating dividends are covered by earnings. However, its dividend history has been volatile over the past decade. Despite recent earnings decline to A$240.1 million from A$263 million, cash flow coverage remains solid with a cash payout ratio of 53.7%. Recent board changes include appointing Kate Burleigh as a Non-Executive Director.\n\nClick here and access our complete dividend analysis report to understand the dynamics of Super Retail Group.\nOur expertly prepared valuation report Super Retail Group implies its share price may be lower than expected.\n\n\n\n\n  ASX:SUL Dividend History as at Nov 2024\n \n\nKey Takeaways\n\nDelve into our full catalog of 36 Top ASX Dividend Stocks here.\nAlready own these companies? Bring clarity to your investment decisions by linking up your portfolio with Simply Wall St, where you can monitor all the vital signs of your stocks effortlessly.\nEnhance your investing ability with the Simply Wall St app and enjoy free access to essential market intelligence spanning every continent.\n\nWant To Explore Some Alternatives?\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:BEN ASX:NEC and ASX:SUL.\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":"1","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/2483010244"}