Hi Aussie,
Investors are closely looking at their portfolios as inflation and changing economic conditions appear to be key risks going into 2023. It is difficult to predict the performance of the market in 2023. Share prices tend to go through volatility. It’s possible for the share market to hit a bump every so often like it did in 2020 and 2022.
Dividend stocks can be an excellent investment choice since they can provide regular income, potential growth, lower volatility, tax benefits and other benefits. The following is a list of the most popular dividend stocks to watch in 2023. Have you traded any of these stocks before?
$FORTESCUE METALS GROUP LTD(FMG.AU)$
Fortescue Metals Group Ltd is an Australian iron ore mining company that primarily operates in the Pilbara region of Western Australia. Fortescue's principal activities include the exploration, development, production, and sale of iron ore.Despite record shipments of 189 million tonnes, the company's revenue decreased 22% as the price of iron ore declined.
Investors will receive $1.21 per share in FY22 due to the miner's commitment to a higher dividend payout.Together with the 86c interim dividend paid in February, shareholders will receive a total dividend of $2.07 per share for the year.
BHP is a natural resources company that discovers, acquires and markets various commodities including iron ore, coal, nickel, copper, gold and so on.BHP Billiton benefits from strong commodity sentiment in 2022
In 2022 it paid out a huge US$3.25 per share. This brings its dividend yield for 2022 to 12.16%.However, Goldman Sachsindicates that itis likely that the company will reduce its dividend payouts in the near future. According to Goldman, iron ore prices are unlikely to remain high for a long time, which would result in a decline in BHP's revenue.
RIO is one of the largest mining companies in the world. The company operates through five main product groups: Aluminum, Copper & Diamonds, Energy & Minerals, Iron Ore, and Other Operations.
Similarly to BHP, Rio Tinto's revenue declined by 10% year-over-year due to the impact of iron ore prices, and the company reduced its dividend payout by 52%.
$HARVEY NORMAN HOLDINGS LIMITED(HVN.AU)$
Harvey Norman Holdings Ltd is an Australian retail company that operates in the home furnishings, electronics, and appliances sectors.
Affected by inflation and theeconomy, thecompany reported a 3.6% slip in profits to $811.5m, with earnings down 1.4% in the same period. But its international business isgrowing.Thecompany raised its annualdividendby 7% to 37.5 cents per share.
New Hope Corporation Limited is an Australian diversified energy company that primarily operates in the coal mining and energy sectors.
New Hope announced hat it doubled its profits in 1H FY23 and will pay a turbocharged interim dividend and special dividend.l.The coal miner will pay an interim dividend of 30 cents per share fully franked. It will also pay a special dividend of 10 cents per share fully franked.
Whitehaven Coal Limited is an Australian coal mining company that operates in the New South Wales region. The company was one of the largest coal miners in Australia, producing both thermal and metallurgical coal for export markets.
The FY22 payout is the largest in the company's history, with shareholders to receive a cash payment of 40c per share.Morgans is very bullish on the company and feels that recent share price weakness has created a buying opportunity for investors. It expect the re-tightening of thermal coal pricing dynamics through April to be a key catalyst for WHC.
Suncorp Group Limited is an Australian financial services company that operates in banking, insurance, and wealth management sectors.Suncorp's banking services include personal and business banking, home loans, credit cards, and wealth management services.The company also offers insurance products such as motor, home and contents, travel, health, and life insurance.
Suncorp shares have come under pressure with the rest of the banking sector this week.Goldman is forecasting fully franked dividends of 78 cents per share and then 79 cents per share, respectively. Based on the current Suncorp share price of $11.98, this will mean yields of 6.5% and then 6.6%..
$COMMONWEALTH BANK OF AUSTRAL(CBA.AU)$
The Commonwealth Bank of Australia, also known as CBA, is one of the largest financial institutions in Australia. CBA operates in retail banking, business banking, institutional banking, and wealth management sectors.
The CBA share price has been unusually volatileas investors consider the possibility of a looming global banking crisis. Despite the banking crisis, its dividend return is still satisfactory. The bank declared a final payout for FY22 of $2.10 per share, an increase of 5% on FY21. It brings the total FY22 dividend to $3.85 per share, up 10% from FY21. The bank says it is continuing to target a payout ratio of between 70% to 80% of cash net profits.
Macquarie Group Limited is an Australian multinational investment bank and financial services company.If you’re not keen on the big four banks then Macquarie could be another great alternative to term deposits.
This is due to Macquarie being arguably one of the highest quality companies in the country with a very positive long term outlook.
$TELSTRA CORPORATION LIMITED.(TLS.AU)$
Telstra Corporation Limited is a telecommunications and technology company based in Australia. It is the largest telecommunications provider in Australia, with a market share of around 50% of the mobile market and over 60% of the fixed-line market.
Telstrat has been known to pay dividends, and for FY22, investors will receive 8.5c a share. That offering incorporates a 7.5 cent final dividend and a 1 cent special dividend, worth around $980 million.Goldman expecting a 17 cents per sharedividend in FY 2023, which equates to a 4.1% yield, the total potential return stretches to almost 15%.
💡Share Your Insights
- Have you traded any of these stocks before? If so, did you make any profits or losses?
- In regards to these dividend stocks, which ones are you bullish or bearish on, and why?
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⏰Activity Duration
22 March 2023-29 March 2023$Tiger Brokers(TIGR)$
Comments
🌟🌟🌟When looking for Australian stocks that pay great dividends, I look for those that have wide moats, are profitable, have a excellent balance sheet and great management.
$BHP GROUP LTD(BHP.AU)$
is my Top Pick as it is a market leader in iron ore but it is also diversified into copper, nickel, gold too. Even though Iron ore prices have weakened, BHP will continue to be resilient as China is reopening its economy.
$TELSTRA CORPORATION LIMITED.(TLS.AU)$ is the market leader in telecommunications in Australia with 50% of the mobile phone markets and extensive networks.
I am also bullish on $Suncorp(SUN.AU)$ as it has signed a S&P agreement to be acquired by $AUST AND NZ BANKING GROUP(ANZ.AU)$ in 7/22 for AUD 4.9 billion. Shareholders will reap a windfall profit of AUD 3.21 per share if authorities approve the deal.
These are my Top 3 Dividend Stocks. Not only do they pay great dividends but they have lots of upside capital growth potential ahead.
@Tiger_AU
$COMMONWEALTH BANK OF AUSTRAL(CBA.AU)$
$NATIONAL AUSTRALIA BANK LIMITED(NAB.AU)$
$WESTPAC BANKING CORPORATION(WBC.AU)$
$AUST AND NZ BANKING GROUP(ANZ.AU)$
Inflation in Australia: 7.4% (Jan 2023 CPI)